Businesses are not the only organizations rocked by financial scandals. Nonprofits such as the Red Cross, United Way, and many others have been hit as well. In this Stanford Social Innovation Review sponsored audio lecture, Deborah Rhode discusses the need for an ethics upgrade in the nonprofit sector, which by its do-good nature is expected to take the moral high ground. She considers typical pitfalls that nonprofits are vulnerable to, and calls for clearer rules governing transparency and accountability.
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