24pc of Wall Street execs consider unethical conduct 'key to success'Jul 11, 10:47 am
New York, July 11 (ANI): Unethical behaviour and Illegality seem to be part of the Wall Street job description, according to a new study.A survey conducted on senior executives in Britain and U.S. found that 24 percent senior executives consider that unethical or illegal conduct is needed for success in the financial world.The survey also found that while 30 percent felt pressure over salaries to compromise their ethics, 16 percent said they'd commit insider trading if they knew they could get away with itAnother 26 percent said they had either seen or had direct knowledge of wrongdoing.Worse, 16 percent of execs admitted they would willingly step over the legal line and commit insider trading - if they knew they could get away with it.Results of the study, commissioned by law firm Labaton Sucharow, were compiled by anonymously interviewing 500 financial professionals online."It's hard to understand how someone could have this sort of world view, but what's clear is that it is widespread," the New York Daily News quoted Jordan Thomas, chairman of the whistleblower representation practice at Labaton Sucharow, as telling the Daily News."The financial services industry does not yet have a proper fear of (government) regulators," Thomas said.The study also found that 30 percent of respondents felt pressured by their big-buck salaries and bonuses to compromise their ethics or even break the law.And nearly four in 10, or 39 percent, felt that their competitors are likely to engage in illegal or unethical activities to get ahead. (ANI)
Odd working hours affect parent-child relationship Dec 7, 2:06 pm
Washington, Dec. 7 (ANI): A new North Carolina State University study has found that parents, who work at odd hours, have troubled relationships with their children.Full Story »
What not-to-wear to work revealed! Dec 6, 2:54 pm
Wellington, December 6 (ANI): While adapting your wardrobe according to your workplace, make sure you choose wisely and not suffer a wardrobe malfunction at office. Here are certain ways to help you fit the mould and avoid a clothing malfunction.Full Story »
Tips to excel at work for introverts! Dec 5, 2:51 pm
Melbourne, December 5 (ANI): Modern workplaces make it difficult for introverts to feel like they can truly thrive at work. Here are certain things that introverts can do to still make their mark and stand out.Full Story »
Why exercise is better than drinking coffee at work Dec 4, 11:08 am
Melbourne, Dec 04 (ANI): Swapping your daily cup of caffeine with short bouts of intense exercise can help you perform better at your work place, it has been revealed.Full Story »
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