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Companies With Strong Ethics Enjoy Positive Financial Returns
A company's overall performance is closely tied to its commitment to developing an ethical corporate culture. That's one of the findings of a new report from the Conference Board of Canada. "Organizations that make a public ethical commitment which is supported by senior management regularly outperform those that don't," said Mary Choquette, a project manager with the Board. "Similarly, publicity about unethical corporate behaviour lowers stock prices for a minimum of six months."