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Top German Managers Tormented By Their Conscience
Düsseldorf, December 1st, 2007 — According to a study conducted by LAB Lachner Aden Beyer & Company GmbH, 57% of Germany's top managers believe that money spoils the integrity of an individual. In fact, 57% of these top managers feel that they struggle with their conscience several times a year since they believe that their actions are incompatible with their value system.
72% of the respondents have admitted that they have shifted their own ethical systems as they progress through the corporate ladder. The main reason for this shift is the “increased pressures” companies are placing on their executives to produce “brief and impactable successes”, explains Klaus Aden, Managing Parnter of LAB & Company.
For a quarter of the respondents, the ethical struggle begins the moment they obtain a managerial role. This struggle appears more evident in executives that work for multinationals than those executives that work for small family businesses.
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