The COVID-19 pandemic has forced organizations to operate with a physically dispersed workforce. Employees are involuntarily working from remote locations. Many individuals are working under lonely unmonitored stressful conditions that diminish focus and motivation. The interminable Work From Anywhere (WFA) trend may have broad uncertain net effects on productivity, ethics, and compliance.
A webinar panel hosted by the University of Maryland Alumni Association discussed the COVID-19 economic shutdown and how the fiscal uncertainty is expected to lead to a surge in white-collar crimes. Bridget Rohde, a former Acting United States Attorney, stated,” You’re going to see accounting fraud, you’re going to see insider trading, you’re going to see all sorts of misrepresentations.” The panel discussed how economic pressures could result in misconduct among businesses who might not have otherwise slipped into such ethical missteps in more stable times.
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