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Business Ethics - Articles, News, Information on Business Ethics Issues
On Ethics and Ethical Behavior
"Ethos," the Greek philosopher Aristotle (384-332 BCE) taught the world some 24 centuries ago, is very important for leaders to have and to demonstrate if they want to succeed in shaping public opinion. Individual and collective ethos is at the heart of who we are and what we stand for. Aristotle perfected his principles of rhetoric " effective political speech -- and taught his students the power of rhetoric, which he explained was one of the foundation stones of [then] emerging western democracy (in Ancient Greece).
News & Updates
Source: LA Times
A former J.P. Morgan Securities analyst and two of his friends have been charged with participating in a $600,000 insider trading scheme. Ashish Aggarwal, 27, Shahriyar Bolandian, 26, and Kevan Sadigh, 28, were arrested Tuesday...
August 13, 2015 Frankfurt Prosecutors Charge Eight Bankers Over Carbon TaxesSource: Bloomberg
The case is part of the biggest crackdown on emissions-related tax crimes since Europe began its cap-and-trade system in 2005 and saw police raid Deutsche Bank. Six men, with ties to Germany’s largest bank, were found guilty in...
August 12, 2015 India seeks $99 million in damages from Nestle after food scareSource: Reuters
The Indian government has filed a class action suit for 6.4 billion rupees ($99 million) against Nestle’s Indian unit on behalf of the country’s consumers, citing unfair trade practices and the sale of defective goods
Research & Insights
May 20, 2015 Survey: Wall Street ethics still an oxymoronSource: CBS: Money Watch
July marks the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, better known as the Dodd-Frank Act. The measure was a direct response to the excesses perpetrated by Wall Street and to the lack...
May 19, 2015 Historic Survey of Financial Services Professionals Reveals Widespread Disregard for Ethics and an Alarming Use of Secrecy Policies and Agreements to Silence EmployeesSource: SYS-Con Media
The survey, the most expansive of its kind, polled more than 1,200 U.S. and U.K.-based financial services professionals to examine views on workplace ethics, the nexus between principles and profits, the state of industry...
March 26, 2015 The moral maze: How poor company ethics can cost investorsSource: Business Reporter
FTSE100 companies are failing to provide investors with clear measures of how they maintain robust ethical standards, according to a study by the Chartered Institute of Internal Auditors
Commentary & Opinion
For more than two decades, prosecutors allege, Swiss financial adviser Josef Beck practiced the dark art of handling dirty money. He conspired with Switzerland’s biggest bank, UBS Group AG, to help dozens of Americans evade...
August 13, 2015 EPA's Toxic Spill Shows It's Still The Worst Regulatory Agency In History (But Perhaps I Understate)Source: Forbes
An EPA cleanup crew on August 5 accidentally caused a breach in an abandoned gold mine in the southwestern part of Colorado, spilling three million gallons of highly toxic mining waste that contaminated waterways in Colorado and...
August 12, 2015 Has Owning Coca-Cola Shares Become Indefensible?Source: Motley Fool
Soft drinks giant Coca-Cola is protecting its franchise in ways that are unethical and contrary to the public good.
I have gained this by philosophy: that I do without being commanded what others do only from fear of the law.
--Aristotle, on Ethics
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