Tag Archive for ‘Ethics’
Ethics Specialist Named Dean of Harvard Business School
Harvard Business School professor Nitin Nohria has been a faculty leader of the movement to adopt an MBA Oath, a voluntary pledge for graduating and current MBAs to “create value responsibly and ethically.”
Ethical Lapse Costs Susan G. Komen Goodwill, Credibility
The basic benefit of cause-marketing — good publicity for both partners — certainly hasn’t materialized. The cancer-causing contents of KFC chicken are being widely publicized and the brand of SGK has been tarnished.
Medical Groups Set New Ethics Code for Dealing with Industry
The code provides guidance “on appropriate interactions with for-profit companies in the health care sector,” and seeks to ensure that societies’ interactions with companies “are independent and transparent.” Thirteen medical societies have already formally adopted the code.
Whistle-Blowing Found Effective in Targeting Corporate Misdeeds
Whistle-blowing by employees and insiders is a “useful mechanism” for uncovering corporate misbehavior, with clear economic and governance impact on the companies involved, according to a new academic study.
Opinion: Choosing Business Leaders with Integrity
A business executive who happens to also be a former Catholic monk has his own unique litmus test for gauging executive credibility and trust. “How can I tell if an executive is trustworthy?” he asks. “What are the signs to look for in promoting leaders in this new era of doubt and suspicion?”
Business Ethics in China: What Would Chairman Mao Think?
The Communist Party’s Central Committee has issued a code of ethics specifying 52 unacceptable practices and warned that violators would be “severely” disciplined and subject to criminal charges. The 52 practices include accepting cash or financial instruments as gifts, and using influence to benefit spouses, children or others in employment, stock trading or business.
Apple Increases Its Monitoring of Suppliers
The company says it conducted on-site audits at 102 facilities in 2009, up from 83 in 2008, and trained 133,000 workers, supervisors and managers, a sharp increase from 27,000 a year earlier.
Pfizer’s “Never Ending Dance” to Regain Its Reputation
What’s it like to have your company plead guilty to a crime and pay a $2.3 billion fine? “To put it bluntly, it’s like being hit in the face by a two-by-four. Even for a big company, it’s a very, very difficult thing to go through,” said Douglas Lankler, Senior Vice President and Chief Compliance Officer of Pfizer, the world’s largest drug company.
Catching Bad Guys: International Law Enforcement Ups the Ante
New agreements between the U.S., Europe Union and 56 European member states aim to make life more difficult for transnational criminals by making it easier for countries to extradite individuals charged with crimes and to jointly develop and share information.
Toyota Recall: Five Critical Lessons
Fixing the problem and ensuring that something like it doesn’t happen again will require an all-out effort by Toyota, from assembly line to the boardroom. Even then, there are no guarantees. Maintaining a good corporate reputation in the 21st century is tricky business indeed.
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