Excellent commentary. With respect to how good C-Suite Executives, specifically, do bad things, many of the same points are made in a RAND white paper available at http://ssrn.com/abstract=2271840(free download). Other relevant behavioral ethics discoveries are highlighted as well, along with some suggestions for what the Board can do to reduce the risk of C-Suite misconduct. The paper is "C is for Crucible: Behavioral Ethics, Culture, and the Board's Role in C-Suite Compliance."