Unlike most topics in the MBA curriculum, which have remained fairly consistent for decades, ethics is a new area. What appeared at first to be only a trendy elective course has now become institutionalized as part of the MBA curriculum at Harvard, Wharton, and Darden. With the criminal convictions of insider traders in the 1980s, business schools took notice and jumped on the ethics bandwagon in the 1990s. In the new century, the collapses on Enron, WorldCom, and Arthur Andersen, the mutual fund trading scandals, Martha Stewart's stock sales, and the revelations of accounting fraud have kept ethics on the front burner.
Source: The Ten-Day MBA 3rd Ed.: A Step-By-Step Guide To Mastering The Skills Taught In America's Top Business Schools, Pages: 61
Contributed by: Siona