Executives who downplay ethics and values in their decision making may also be the ones who prefer extraordinarily high salaries for themselves. By comparison, those executives who are more inclined to consider ethics and values in their decisions preferred more fair pay throughout their organizations.
Diane Swanson, associate professor of management and the von Waaden business administration professor at Kansas State University, said this is the most significant implication of her recent research.
In addition, Swanson said executives who are more likely to downplay values in decisions and prefer extraordinarily high salaries are also the ones who have received more business education. "This is yet more evidence of business education teaching greed and self-centeredness instead of service to community," Swanson said. "Business students should learn that business people not only serve themselves but society as well. Theyve got to have some community mindedness or well be stuck with even more ill-effects of corporate scandals in the future. "One reason these findings are important is that, in the midst of corporate scandals that have racked society and destroyed jobs and trust in business, executives are still paid astronomical salaries," Swanson said. "This should be questioned."
Diane Swanson | EurekAlert!
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Physicists in the Laboratory for Attosecond Physics (run jointly by LMU Munich and the Max Planck Institute for Quantum Optics) have developed an attosecond electron microscope that allows them to visualize the dispersion of light in time and space, and observe the motions of electrons in atoms.
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Transistors based on carbon nanostructures: what sounds like a futuristic dream could be reality in just a few years' time. An international research team working with Empa has now succeeded in producing nanotransistors from graphene ribbons that are only a few atoms wide, as reported in the current issue of the trade journal "Nature Communications."
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