University head calls for business integrity

BUSINESS leaders must ensure the highest levels of integrity are maintained so that benefits of capitalism are enjoyed by all, a top academic said yesterday.

University head calls for business integrity

Speaking at the conferring of degrees and diplomas to over 500 graduates in the College of Business, University of Limerick President Dr Roger Downer said that in the wake of corporate scandals in the US, business leaders are now looking for integrity, ethics and values in new business recruits.

"It is an interesting time to be entering business because public confidence in the corporate world is probably at an all-time low. In recent months there has been a wave of corporate scandals, with such companies as Enron, WorldCom, Xerox and Tyco accused of major financial wrongdoing and some senior executives charged with excessive personal greed.

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