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The Thing About Integrity

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Lately, the news has been filled with stories of embezzlement, bribery, and other kinds of corporate corruption. In a 2018 survey, PwC found that nearly half the 7,228 participating organizations had experienced economic crimes or fraud in the previous year—up from 30% in 2009. So it’s no exaggeration to say that white-collar crime is a growing problem. And it’s one that has considerable costs: It destroys shareholder value, drains management resources, and tarnishes brands, sometimes irredeemably.

A version of this article appeared in the July–August 2019 issue of Harvard Business Review.
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