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n 2011, 42 CEOs were forced out of their jobs due to breaches in ethics, according to research by Challenger Gray and Christmas. Even more will be removed in 2012. In fact, current pressure and scrutiny on performance has shortened the tenure of the average CEO from approximately 10 years to about 5 1/2 years since the 1990s, CEO John A. Challenger says.
The good news: Boards are getting tough. Shareholders and employers are demanding – or finding, due to social media and increasing media scrutiny—the information un-ethical executives have formerly been more easily able to hide. Increasingly strict disclosure rules and public scrutiny are forcing more executives to behave in a way that is ethical or to face the increasing reality of being removed from their jobs.
To read the full, original article click on this link: Good News or Bad? Ethics Causing a Rise in CEO Exits - Forbes
