How can companies reduce unethical behavior in their companies?

Question

Quizplus · Accepted Answer

Creating and maintaining a corporate culture of trust is the most effective way for companies to reduce unethical behavior. When employees feel that their company values ethics and they are empowered to speak up about unethical behavior they observe, it creates a culture of transparency and accountability. This, in turn, promotes ethical behavior and reduces the likelihood of unethical conduct. Disciplining unethical behavior in private, giving CEOs more power than their boards of directors, and not conducting audits and spot checks may address specific incidents but are not effective ways of reducing unethical behavior in the long term.

How Can Companies Reduce Unethical Behavior in Their Companies