Corporate social responsibility Feed

How Do We Make Ethical Decisions? An Essay

Rest’s Model of Ethical Behavior How do we make ethical decisions? James Rest[1], a well-known cognitive-developmental researcher, developed a model of ethical behavior that is based on the presumption that there are four steps in moral development that lead to ethical action. Rest asserted that ethical actions are not the... Read more →


Ethics and Integrity Statements of GE Not Worth the Paper Written On

Missed Profit and Cash Targets Lead to Firing of CEO General Electric is in trouble. Last week it announced the firing of CEO John Flannery after 14 months on the job as problems developed in its power unit causing GE to warn it would miss profit and cash targets. GE... Read more →


Fraud in Organizations

ACFE 2018 Study Published Fraud can be defined as a deliberate misrepresentation to gain an advantage over another party. Fraud comes in many different forms, including fraud in financial statements, the misappropriation of assets (theft) and subsequent cover-up, and disclosure fraud. In this blog I examine the results of a... Read more →


How Gen X Managers Can Prepare Millennials for Leadership

Performance Management is the 'Ticket' I have previously blogged about the values of Millennials and how to keep them engaged in the workplace. According to a study by the CAA Intelligence Group, 86 million millennials will be in the workplace by 2020—representing a full 40% of the total working population.... Read more →


Revisiting Ayn Rand’s Philosophy

Rational Egoism Underlies College Students’ Beliefs Rational egoism is a particular brand of ethical egoism that claims the promotion of one’s own interest is always in accordance with reason. Rational egoism, also called rational selfishness, is the principle that an action is rational if and only if it maximizes one’s... Read more →


Refuting Caplan’s Thesis that College Education is a Waste of Time and Money

Why You Should Get a College Education George Mason University economist Bryan Caplan has created a firestorm by claiming a college education is a waste of time and money, and he suggests that ‘traditionalist’ education that prepares students for prestigious careers (i.e., author, historian, political scientist, physicist and mathematician) is... Read more →


KPMG Compromises Integrity by “Stealing” PCAOB Inspection Information

KPMG-PCAOB Scandal Raises Questions About Oversight of the Accounting Profession In an unprecedented event, on January 22, 2018 it was announced that a former Public Company Accounting Oversight Board (PCAOB) staffer, Brian Sweet, who was hired by KPMG in 2015, leaked confidential information about PCAOB's plans to audit the company.... Read more →


Charting a Course for Ethics in Society

It's Time for a National Dialogue About Ethics Do we, as a society, care about ethics anymore? My answer is a qualified ‘no.’ Ethics has been relegated to the back of the bus and is considered today only after a wrongdoing occurs, not before as is required to have an... Read more →


What Are Corporate Social Responsibilities?

Good Business Requires Attention to CSR and Ethics It’s clear that business has a social responsibility to obey the law. Relationships with employees, customers, suppliers, creditors, etc. create contractual obligations. Legal obligations also exist to avoid negligence, fraud, and other liabilities under tort law. Economists point out that business has... Read more →