Developing-Leaders-issue-27-2017

Executive DEVELOPMENT 42 | Developing Leaders Issue 27: 2017 Leadership Research Data Focus In this section we highlight some data from recent research about leaders and management practice if you are intrigued by the findings and wish to learn more please follow the links provided. 2. What should happen to the CEO of the company? (select one) Ranked by Punishment ■ Fired + ■ Lose Bonus or Reprimand ■ Nothing CEO withholds news of customer accident / death 77 % 21 % 2 % Inaccurate blood testing product 75 % 19 % 6 % CEO of bank gives lower interest rate loans to friends/family 56 % 34 % 10 % CEO looks at pornography at work 53 % 38 % 9 % CEO uses abusive language 53 % 43 % 4 % 50 % 42 % 9 % 48 % 39 % 13 % CEO doesn’t tell board about criminal convictions 47 % 35 % 18 % CEO lied about degree on resume 46 % 46 % 8 % Executives get bonus while union gives big concessions 42 % 47 % 11 % CEO gets DUI; does not tell board 40 % 50 % 10 % CEO writes anonymous posts on chatroom to promote company’s stock 38 % 44 % 17 % CEO won’t show gay people in company’s ads 38 % 41 % 21 % Only hires “good-looking people” in stores 36 % 43 % 21 % Airline CEO adds flight to win over Port Authority 35 % 50 % 15 % CEO writes anonymous positive reviews about company’s products 31 % 48 % 20 % Clothes aren’t made for “plus-sized women” 27 % 39 % 34 % CEO brings family on company jet 26 % 58 % 15 % Donated personal money for legislation to prohibit same-sex marriage 23 % 35 % 42 % 18 % 34 % 48 % CEO wears underwear in office Affair with subordinate CEO uses personal money to buy expensive gifts for clients What should happen to the CEO of the company? Ranked by Punishment 2. What should happen to the CEO of the company? (select one) Ranked by Punishment ■ Fired + ■ Lose Bonus or Reprimand ■ Nothing CEO withholds news of customer accident / death 77 % 21 % 2 % Inaccurate blood testing product 75 % 19 % 6 % CEO of bank gives lower interest rate loans to friends/family 56 % 34 % 10 % CEO looks at pornography at work 53 % 38 % 9 % CEO uses abusiv language 53 % 43 % 4 % 50 % 42 % 9 % 48 % 39 % 13 % CEO do criminal 18 CEO lie 8 % Executiv gives bi 11 % CEO ge 10 % CEO wri to prom 17 CEO wo in comp Only hir CEO wears underwear in office Affair with subordinate The Rock Center for Corporate Governance at Stanford University surveyed over 1500 US individuals on how they thought CEOs should be treated in respect of different ethical transgressions. Breaking the bond of trust is most egregious, and immoral behaviour attracts surprising criticism. It is notable that the same breaches of behaviour attract different responses depending on the CEOs gender too. www.gsb.stanford.edu/faculty-research/publications/punishing-ceos-bad-behavior-2017-public-perception-survey

RkJQdWJsaXNoZXIy MTY0NzA=