“In the aftermath of the well-publicized corporate scandals of Enron”

Hurley, et al begin their article Designing Trustworthy Organizations, “In the aftermath of the well-publicized corporate scandals of Enron, WorldCom and Tyco circa 2001 and 2002, there were major efforts in the United States to restore trust and enforce corporate compliance…Yet despite these reform efforts, corporate trust violations have gone unabated and public trust in business has plummeted.” Recently, two publicly well regarded companies (Wells Fargo and Volkswagen) have suffered reputational crises. These were not isolated cases in that we could name many more instances of corporate malfeasance since Enron. Why have compliance efforts fallen short and what can be done to regain trust in corporate behavior?

This question has been answered.

Get Answer

Leave a Reply