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

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.