New MBAs Would Sacrifice Pay for Ethics88.3% of graduating MBA students say they'd take a pay cut to work for firms that have ethical business practices, and the average amount they'd forgo is $8,087, according to a survey of 759 students in North America and Europe. The researchers, David B. Montgomery of Stanford University and Catherine A. Ramus of the University of California, Santa Barbara, suggest that the finding should be seen by the public as a hopeful sign for the management profession.