What is it about?
We find that CEOs will be more likely to engage in corporate misconduct during good economic times. In addition, we find that CEOs who begin their careers in prosperous times will be more likely to engage in self-serving corporate misconduct later in their careers.
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Why is it important?
Corporate misconduct is costly and ubiquitous. This study contributes to our understanding of why some managers engage in ethical violations while others do not.
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This page is a summary of: Do Good Times Breed Cheats? Prosperous Times Have Immediate and Lasting Implications for CEO Misconduct, Organization Science, December 2016, INFORMS, DOI: 10.1287/orsc.2016.1101.
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