“My key finding was companies that score higher on unethical culture are less profitable.”
Alexandre Di Miceli
In today’s Principled episode, Alexandre Di Miceli, a professor, consultant, researcher, and expert on corporate governance and business ethics speaks with Ben DiPietro, editor of LRN’s E&C Pulse newsletter. Di Miceli is a founding partner of Direzione Management Consulting in Brazil and has authored several books, including “The Virtuous Barrel: How To Transform Corporate Scandals into Good Business via Behavioral Ethics.” Behavioral ethics is a new and multi-disciplinary field, which addresses two questions: How do people actually behave when exposed to ethical dilemmas and why do good people do bad things? Because behavioral ethics addresses the inner psychological factors and the contextual pressures that influence a person’s transgressions, Di Miceli explains how it has greatly changed how companies address ethics and compliance issues.
ABOUT ALEXANDRE DI MICELI
Dr. Alexandre Di Miceli is a professor, consultant, researcher and an expert on corporate governance and business ethics. A founding partner of Direzione Management Consulting in Brazil, he is the author of several books, including his most recent, "The Virtuous Barrel: How to Transform Corporate Scandals into Good Businesses via Behavioral Ethics." Dr. Di Miceli is a full professor of corporate governance at Alvares Penteado School of Business in Sao Paulo, and a consultant for the IFC/World Bank Group.
WHAT YOU'LL LEARN THIS EPISODE...
- [1:12] How did Di Miceli develop an interest in behavioral ethics, and what led him down this career path?
- [4:17] Are companies understanding the importance of developing an ethical corporate culture, or is there still some way to go?
- [6:49] What role does emotion play in the study of behavioral ethics?
- [8:52] Is there an economic case to be made for using behavioral ethics?
- [11:00] What are two challenges companies face when they try to use behavioral ethics and what would you suggest they do to overcome those challenges?
- [13:45] Are there ethical considerations to companies using behavioral ethics on their employees, in light of things like artificial intelligence and technology?
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