More chief executives are being ousted from their roles for “ethical lapses”, due to tightening regulation and governance, digital communications, the 24-hour news cycle and increased activity in developing economies.
An increasing number of chief executives around the world are forced out of their roles because of "ethical lapses", according to a new report from PwC.
A study from the professional services firm said the number of CEOs who moved on due to ethical issues had increased by almost 36%.
“Our data cannot show — and perhaps no data could — whether there’s more wrongdoing at large corporations today than in the past," said Per-Ola Karlsson, head of PwC's consulting business Strategy& in the Middle East.
"However, we doubt that’s the case, based on our own experience working with hundreds of companies over many years."
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