Number of CEOs fired for ethical reasons increasing: PwC
The number of CEOs dismissed for ethical lapses has increased by 36% over the past four years, according to a study by PwC.  Whilst such dismissals constituted just 3.9% of forced turnovers at the largest 2,500 public companies in the world between 2007 and 2011, this figure rose to 5.3% between 2012 and 2016. The regions that saw the sharpest rise in such dismissals were the BRICS countries, Canada, the US, and western Europe. Larger companies and those with long-serving CEOs and CEOs who were also board chairmen were particularly vulnerable to turnovers as a result of ethical difficulties.

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