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The benefits of an ethical culture
Corporate ethics have obviously gotten a lot of press since the passage of Sarbanes Oxley. People are quick to point to cases like the Duke Business School cheating scandal as signs that corporate ethics in America have some systemic problems. But there is also some good news. One is that companies really benefit from instilling ethics in their workforce. This is easier said than done. It goes way beyond merely complying with Sarbox. Recent research from Kenexa, a talent acquisition and retention solutions firm, make clear the upside on many aspects of work. Employees in strong ethical cultures are more likely to stay with their organization and they rate their companies much higher in confidence in management and general satisfaction. Of course, developing such a culture is the hard part.
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