From:
Writing in The Wall Street Journal, Columbia Business School accounting professor Shivaram Rajgopal explains how he teaches students to recognize and avoid the ethical missteps behind some of the biggest financial scandals in modern history. In his classes, Rajgopal walks students "step by step, decision by decision" through frauds like Silicon Valley Bank, WorldCom, Enron, and Theranos. He wants them to see how these scandals actually happened so they can avoid making the same mistakes. To make the lesson stick, he turns to a much older story, Shakespeare's "Macbeth." The play shows the slippery slope Rajgopal sees behind many corporate frauds, where one compromise leads to the next until wrongdoing feels normal.
