THE PARABLE OF THE SADHU AND THE USTA’S ETHICAL DILEMMA By Javier Palenque

(Text below is adapted and copied from Beyer, J. M., and Nino, D. (1999), ‘Ethics and cultures in international business, Journal of Management Inquiry, vol.8, no.3, pp. 287–297. And from HBR’s original article from 1982, the parable of the Sadhu written by McCoy. Bowen Mcoy retired from Morgan Stanley in 1990 after 28 years of service, he is now a real estate

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