Assume you are a middle level accounting manager with a major corporation. A high level executive comes to you and asks you to make an accounting decision that would hide millions of dollars of bad debt from public scrutiny. You know the decision would be a violation of accepted accounting practices. The executive tells you that the accounting entry must be made in order to get the company through “these tough financial times.” He also mentioned that your loyalty to the firm would not be forgotten. What would you do and why would you do it?
Why do executives implement unethical business strategies?
Why do executives implement unethical business strategies?