Last Updated Apr 1, 2008 1:13 AM EDT
This November, Colorado voters will decide on a ballot measure that would hold business executives criminally responsible if their companies run afoul of the law. According to the New York Times, the proposal would extend criminal and civil liability to executives who knew about corporate fraud and did nothing to stop it, even if they were not directly involved. If passed, the ballot initiative would allow Colorado residents to sue the executives, with the proceeds going to the state.
The news is littered with tragic stories of employees losing their life's savings when stocks die following a corporate scandal, but is it right to put the blame solely on one person?[poll id=31]Is this a punishment for the ethically-challenged, or an ethically-challenged punishment? Join the discussion in the comments section.
Have a workplace-ethics dilemma you'd like to see in this poll? Email wherestheline (at) gmail.com