The Magazine of Corporate Responsibility

Tag Archive for ‘Ethics’

Among Global Corporate Executives, Wide Range of Views on Social Responsibility

The concept of corporate social responsibility (CSR) — the idea that companies directly contribute to the common good — is gaining adherents throughout the business world. However, what constitutes responsible corporate behavior is open to interpretation by the firms themselves and the larger cultures in which they operate.

The Rise in Unemployment and the Loss of Civility

An executive recruiter in the compliance field says he’s recently noticed a disturbing trend: as the global economy stagnates and seemingly worsens, and job cuts are announced daily, tensions rise. “Frustration, irritation and the loss of common decency pervades,” he says. “It has truly become a dog-eat-dog environment.”

Economists Lack Ethics Code, Posing Challenges for Journalists

Unlike doctors, architects, dentists, building contractors, journalists and a wide range of other professions and trades, economists do not have a code of professional ethics. That would seem more of an internal matter for the profession if it weren’t for the fact that journalists rely on academic and applied economists as sources.

Financial Considerations Often Trounce Ethics in NCAA Sports

Violations and cover-ups in college athletics are beginning to rival the headlines for investigations of corporate malfeasance. Columnist Gael O’Brien says that at the heart of both types of investigations is the question of how leadership perceives and executes its role in creating a culture — and what that culture says about how things are actually done in an organization.

Facing Bribery Inquiry, News Corp. Lawyers Up With Former Federal Prosecutors

The embattled media conglomerate News Corporation and its independent directors have not only hired top criminal defense lawyers, they’ve also hired former Justice Department prosecutors well-versed in U.S. bribery law. The new hires are a sign that the company is taking the Justice Department’s preliminary investigation rather seriously.

How Murdoch Reporters’ Bribes to British Cops Violate U.S. Law

As the phone hacking scandal continues to unfold, British press reports say more than $160,000 was paid by News of the World reporters to police officers in the U.K. News of the World is owned by Rupert Murdoch’s News Corp. – whose stock is listed in the U.S. – and the alleged bribes could cause the company serious trouble with U.S. prosecutors or the Securities and Exchange Commission.

Think Like an Entrepreneur, Act Like a Leader

Columnist Gael O’Brien thinks that in these increasingly uncertain times it’s worth examining the basic methodology used by many serial entrepreneurs. The process of taking small steps to “act, learn and build from,” she says, offers models for navigating the unknown, building trust and handling potential ethical conflicts.

In Boeing Dispute, Growing Controversy Clouds Facts

One of the U.S.’s largest manufacturers, Boeing, has been sued by the government for allegedly punishing union workers by shifting a proposed new plant to another state. Republicans and other critics have charged that the government is overstepping its authority and creating a dangerous precedent.

More Scrutiny for Doctors Profiting From Medical Devices

Five U.S. senators are calling for an investigation into a system that gives surgeons a financial stake in the devices they use on their patients. The inquiry comes after a Wall Street Journal investigation of Dr. Vishal James Makker, a surgeon with a questionable track record for performing multiple spinal operations on his patients.

Financial Ties Bind Medical Societies to Drug Makers

From the time they arrived to the moment they laid their heads on hotel pillows, the thousands of cardiologists attending this week’s Heart Rhythm Society conference in San Francisco have been bombarded with pitches for drugs and medical devices. Who arranged this commercial barrage? The society itself, which sold access to its members and their purchasing power.