Sinking CEOs. (Opinion Pulse)
Bowman, Karlyn, The American Enterprise
People don't have high opinions of the ethical standards of CEOs. Fifty-four percent believe most CEOs are not honest. Tempering this negativity is the widespread belief that the CEOs and financial officers at people's own companies are honest. Despite reservations about big business, Americans continue to be skeptical about new federal government activity in this area.
Question: Which of the following comes closest to your point of view ...? What happened at Enron and WorldCom is representative of problems at most companies 10% Many companies 21 Just some 48 companies Very few companies 18 Source: NBC News/Wall Street Journal, July 2002. Note: Table made from bar graph. Question: Overall, how much trust ...? Have a great deal/ good amount of trust in the honesty of the executive or leaders of the company where I work 63% Some 23 Little 11 Source: ABC News/Washington Post, July 2002. Note: Table made from bar graph. Question: Big auditing companies like Arthur Andersen have self-policing procedures in place to make sure that their accounting practices follow certain ethical and legal standards. As you may know, Arthur Andersen approved Enron's financial statements and then the company failed. In your opinion, do ...? Self-policing procedures by audit companies work 23% Do not 69 Should the federal ...? Government should create new agency 35% Should not 34 Source: Ipsos-Reid, January 2002. Note: Table made from bar graph. Question: In general, do you think ...? Most corporate CEOs are honest and ethical 34% Not sure 12% Are not 54% Source: Fox News/Opinion Dynamics, July 2002. …