Americans hold a dim view of business executives, giving them poor grades for honesty and ethics and blaming them for business failures, according to a survey released on Thursday. Nearly 60 percent gave the worst grades to Wall Street executives for honesty and ethical practices, according to research conducted by the Marist College Institute for Public Opinion in Poughkeepsie, New York.
Lawyers fared even better, getting bad grades from a third of respondents but excellent grades from a quarter of them.
The poll, commissioned by the Knights of Columbus, a Catholic fraternal and charitable organization, questioned 2,071 U.S. adults and 110 business executives.
Nearly 70 percent of the adults blame a company's failure or success on the decisions of its top executives. Just 31 percent blame outside forces such as the economy's health.
Among executives, 88 percent said they blame top executives for a company's success or failure. Only 12 percent blame outside forces.
Go figure, the lawyers get the best grades.
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