Corporate India sees a tussle between growth and ethical conduct: EY survey

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Inconsistency and ambiguity in encouraging high ethical standards and insufficient understanding of compliance programmes have increasingly led employees to justify unethical behaviour at the workplace, according to EY’s Asia-Pacific (APAC) Fraud Survey, Economic uncertainty or Unethical conduct: How should over-burdened compliance functions respond? The survey highlighted that ethical leadership has emerged worrisome in India and China alike, with 57 per cent saying the senior management tends to overlook dubious actions of employees to attain corporate targets. Fifty-eight per cent Indian respondents are still willing to work for organisations involved in a major bribery or fraud case, lower than China (66