Scholars and executives have expressed concern over the growing freque
ncy of unethical practices in companies' conduct of competitive analys
is - the process by which a firm gathers, analyzes, and interprets dat
a about its rivals. This article reports the results of an exploratory
study of 137 senior executives' perceptions of unethical competitive
analysis practices, their causes, and their potential effect on indust
ries, companies and individuals. The article discusses the implication
s of the results for developing guidelines to safeguard against ethica
l violations in competitive analysis.