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NOTE TO BUSINESS SCHOOLS: PRACTICE WHAT YOU TEACH

"Concentrate on developing strong leadership skills among managers and students, and then ethical business practices will more likely become part of the company-wide culture," says David Blake, chairman of the Ethical Business Leadership Task Force for Beta Gamma Sigma business honorary and a professor of Business at University of California, Irvine.

"When it comes to ethical business leadership, the noun should be leadership, with ethics serving as qualifier," he said. "Excellent leadership, coupled with moral good sense and core values, is central to incorporating ethical behavior throughout the corporation, which should be our goal."

Business schools play a fundamental role in helping ...

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