Business ethics Feed

Regulatory Actions Taken Against Boeing for the Problems with 737 MAX

Ignoring Quality Controls to Maximize Profits The case of Boeing and its manufacturing deficiencies and production flaws is a tale of what can happen when a company puts profitability over safety. Most readers will be aware of the Boeing airplane crashes between 2018 and 2024 that threatened the very existence... Read more →


Boeing: Putting Profits Ahead of Safety

How Corporate Culture Drove Decision-Making The story of Boeing is it placed profits ahead of safety and the result has been a series of crashes/mechanical problems that have led to inspections by the National Transportation Safety Board (NTSB) and litigation by the Securities and Exchange Commission (SEC). In this blog... Read more →


Cultivating Emotional Intelligence

The Value of Soft Skills I recently read an interesting article on Forbes Advisor online that addresses the importance of soft skills in the workplace. According to the article, “Soft skills—also known as “people skills” or “interpersonal skills”—are a set of personal attributes and abilities that allow individuals to effectively... Read more →


The 2024 Edelman Trust Barometer: Innovation and Trust

What Do Respondents Say? The 2024 Edelman Trust Barometer is a score that measures the average percentage of trust in institutions like NGOs, business, government, and media. It is essentially a global measurement of trust around the world. Trust is indicated by positive sentiment expressed over time regarding a brand's... Read more →


Fraud Scams Are Increasing Exponentially

Internet and Digital Fraud on the Rise Recently, the U.S. Federal Trade Commission disclosed that consumers reported losing more than $10 billion from fraud in 2023, This is an astonishing number and reflects the decline of ethics in society over an extended period of time. Consumers alone reported losing more... Read more →


Considerations in Deciding Whether to Blow the Whistle

Is Whistleblowing a Moral Act? Whistleblowers can be seen as heroes, disloyal, or even selfish if, in the latter case, the motivation for blowing the whistle is to gain a financial award, as is available under the Commodities Future Trading Commission (CFTC), Federal False Claims Act, IRS, SEC and the... Read more →


The Story of FTX and Sam Bankman-Fried

An Example of Hubris, Incompetence, and Greed I always tell my students that the best way to learn about ethics, or the lack thereof, is through a case study. What follows is a mini-case study of the FTX fraud. Last week Sam Bankman-Fried was found guilty of misappropriating and embezzling... Read more →


It’s Time for State Boards of Accountancy to Move to the 120/150 Educational Requirement for Licensing as a CPA

Tearing Down Barriers to Entry The most talked about issue in accounting education today is whether the 150-hour requirement to qualify for a CPA license that has existed for many years creates a barrier to entry that should be revisited. I have posted a blog on this topic before and... Read more →


Senior Rights and Protections in the Workplace

Dealing with Age Discrimination We are facing economically turbulent times, which may include layoffs and companies downsizing. Unfortunately, older workers often bear the brunt of these cutbacks because employers use the opportunity to get rid of older workers who sometimes command the highest salaries or prevent the business from projecting... Read more →


Ethics & AI: Unanswered Questions

Ethics in the Age of AI: Addressing Moral Challenges in the Era of Automation I have previously blogged about the problem of creating an ethical framework and processes for AI. AI can improve human decision-making, but it has its limits. The possibility exists that bias in algorithms can create an... Read more →