Knowledge@Australian School of Business

The Only Way is Ethics: What Business Schools Learned from the Crisis


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Business schools were blamed for producing leaders with ethical bypasses

who caused many corporate scandals in the global financial crisis. But
as memories fade, have efforts to raise awareness of ethics among the
next generation of business professionals also started to wane? Not
likely, says Tony Buono, executive director of the Bentley Alliance for
Ethics and Social Responsibility in Massachusetts. Programs that
challenge academics to tackle ethical issues in coursework are
proliferating across the world. Australia and New Zealand's first United
Nation's Principles for Responsible Management Education Summit, held
recently at the University of New South Wales, was just one example.

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