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News > CEOs
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Survey: CEO golfers cheat
Study finds 82% of top executives fudge their golf scores, but 99% say they're honest in business.
June 26, 2002: 8:14 AM EDT

NEW YORK (CNN/Money) - About 82 percent of high-ranking corporate executives cheat at golf, according to a study released by Starwood Hotels & Resorts, a newspaper reported Wednesday.

According to the survey of 410 top executives, 99 percent of those questioned said they consider themselves honest in business but more than three-quarters said they cheat at golf, according to a report in USA Today.

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The report said in post-Enron times, some may wonder whether cheating at golf is just another symptom of the "anything goes mentality" of corporate executives.

The CEOs surveyed said the fudging includes doing over shots, stepping on an opponent's ball or "forgetting" the whiffed shots, the paper said.

The survey found that 87 percent of CEOs wager on golf games, meaning money is at stake when players decide whether or not to cheat. The study found that the average wager on a game is $589, the paper said.

Some golfers said cheating by someone they do business with puts them in an awkward position, the newspaper reported.

But Starwood CEO and golfer Barry Sternlicht said he doesn't see the fudging of golf games as an indication of the character of business executives, because each group of golfers comes to an understanding about what will and will not be acceptable in their game, the report said.

The survey, which had a plus or minus 5 percentage point margin of error, also found that 20 percent of the golfers would lose to let a client win for business purposes and 10 percent call in sick at work to play golf.  Top of page






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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.