Tag Archive for ‘Education’
The forced resignation of University of Virginia president Teresa Sullivan has generated turmoil and widespread dissent among faculty, students and staff on the Charlottesville campus. And the state’s governor has given the university’s board an ultimatum to resolve the situation. “What UVA is demonstrating, ” writes columnist Gael O’Brien, “is that when values aren’t put into practice, distrust is created.”
A study by analysts at J.P. Morgan concludes that impact investing – which is intended to generate social good as well as financial return – could represent a highly-profitable trillion dollar market over the next decade. “In fact, we believe that impact investing will reveal itself to be one of the most powerful changes within the asset management industry in the years to come,” the study says.
Columnist Gael O’Brien says recent crises at University of California Davis, Syracuse University and Penn State University raise questions about the role of risk management on campuses. One problem, she writes, is that university leaders “often don’t have practice thinking through how their values, and those of the institution, will come into play in a variety of different potential situations.”
Business Ethics Magazine Editor and Publisher Michael Connor will be a keynote speaker at the 2010 McGowan Symposium on Leadership & Ethics on Saturday, November 6, at the National Archives in Washington, D.C. The Symposium is expected to attract an audience of prominent business leaders, government and agency officials, deans and students from top business schools, and members of the media.
A report released by the Government Accountability Office further highlights some of the questionable recruiting tactics of several for-profit colleges across the country.
Investment firm Walden Asset Management recently researched and compiled quotes from sustainability and corporate responsibility reports by several dozen companies in a wide range of industries. The exercise showed, says a Walden executive, that attention to such issues has become vitally important for a company’s business, and that transparent reporting is, as one CEO said, one of “the prices of doing business today.”
Consumer advocates say they are alarmed by parallels between the subprime mortgage industry and for-profit schools, which also have come under fire for targeting low-income groups and signing up students for loans that can leave them buried in debt. Some schools earn nearly 90 percent of their revenue from federal student aid programs. Single moms, the critics say, are especially vulnerable.
Garth Saloner, dean of Stanford Graduate School of Business, talks with The Wall Street Journal’s Diana Middleton about the growing focus on corporate social responsibility in its business school curriculum and why it’s important.