Building on social network theory and incorporating insights from the literature on corporate misconduct, this study examined how a firm’s centrality within a social network influences terminations of its strategic alliances following public allegations of corporate misconduct. Utilizing a sample of 264 publicly listed companies operating within the global computer industry, the study found an inverted U-shaped relationship between an accused firm’s centrality and terminations of its strategic alliances following corporate misconduct. This relationship was found to be influenced as well (...) by media coverage and an accused firm’s brokering position. The findings underscore the multifaceted nature of centrality in the context of a corporate crisis, emphasizing its critical role in shaping the dynamics of inter-organizational partnerships. (shrink)

Motivated by the increasing economic significance of investment advisory industries and the prevalence of wrongdoing in financial planning services, we examine whether, and to what extent, employee misconduct is shaped by their local corruption culture. Using novel data of more than 4.7 million adviser-year observations of financial advisers and the Department of Justice’s data on corruption, we find that financial advisers and advisory firms located in areas with higher levels of corruption are more likely to commit misconduct. These results hold (...) for both individual advisor and firm level analyses and are robust to the use of various fixed effects, model specifications, proxies for corruption and misconduct, and an instrumental variable approach. Using the passage of the Dodd-Frank Whistleblower Provision, which provides incentives for reporting corruption incidences and thereby reduces the incentives for fraud, we find that the relation between local corruption culture and adviser misconduct is attenuated after the provision enacted by the SEC. Overall, our study highlights the externalities of corruption culture on individual ethics and the essential role of whistleblowing laws in reducing corruption-prone norms. (shrink)

Background Behavior is known as misconduct when individuals do not adhere to ethical standards, rules, or regulations. Several factors lead to misconduct, including the lack of understanding of what misconduct is among undergraduate students. However, misconduct as a concept needs more clarity and specificity. Objective This study aimed to examine the concept of misconduct from the literature and establish an operational definition for application to nursing education. Research design A concept analysis using Rodger’s evolutionary view was used to analyze the (...) literature from the disciplines of: academics, business, law, and religious perspectives. Findings and discussion An operational definition was developed based on the multidisciplinary concept analysis. A concept map was designed to help visualize the antecedents, attributes, and consequences and to assist in the conceptualization of misconduct. Implications for nursing science, administration, and education are provided. Conclusion Understanding misconduct is necessary for nurse educators to ensure ethical practice within the academic context. (shrink)