Final answer:
The statement is True. Financial scandals in the past decade have prompted a strong push to improve business ethics.
Step-by-step explanation:
The statement is True. As a result of financial scandals occurring during the past decade, there has indeed been a strong push to improve business ethics. One example of a financial scandal that led to increased focus on business ethics is the Enron scandal in the early 2000s. Enron, a major energy company, was involved in accounting fraud and ethical misconduct, which ultimately led to the company's bankruptcy and the requirement for more transparency and ethical practices in business. Moreover, the financial crisis of 2007-2008, caused by unethical practices in the banking and mortgage sectors, further emphasized the need for improved business ethics. This crisis resulted in widespread economic and social consequences, leading to increased regulatory measures and a greater emphasis on ethical conduct.