More CEOs Sacked For Ethical Failure Than For Poor Financial Performance

According to a recent study, for the first time more CEOs have been dismissed for ethical lapses than for poor financial performance (in 2018). What is the lesson? I think that we overvalue compliance and undervalue the effects of a corporate culture on sustainable business decisions…

By Andreas Rasche.

Just a few days ago, Strategy& (the consulting arm of PwC) released its annual CEO Success study, which analyzed CEO behavior in the world’s largest 2,500 companies (defined by market cap). From a sustainability and SDG perspective, some of the results are rather sobering, though not entirely surprising: for instance only …