The current generation of top managers suffers from an image problem. Wirecard CEO Markus Braun was arrested only recently and Wirecard COO Jan Marsalek has been on the run since then (Wirtschaftswoche 2020). The offense is the falsification of balance sheets. Ex-Schalke supervisory board chairman and meat entrepreneur Clemens Tönnies is also currently under suspicion of fraud with delivery notes and work contracts under poor hygiene conditions, which is said to have caused damage of 4 million euros. In this context, ex-Economics Minister Sigmar Gabriel is also suspected of having saved Tönnies from a punishment at the time. But these are not isolated cases. With Audi manager Ruppert Stadler, another top manager is facing charges with fraud, indirect false certification and criminal advertising (Handelsblatt 2020). Ex-Bertelsmann manager Thomas Middelhoff is currently in prison for tax evasion and infidelity. After a trial in 2017, he jumped out of the courthouse window…

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