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News & Updates

June 30, 2011 Episcopalians stand up for ethical behavior and justice in the financial world

Source: Episcopal News Service

Forty years ago, then-Episcopal Church Presiding Bishop John Hines appeared at a General Motors stockholders meeting to ask the company to quit doing business in South Africa because of that country's policy of apartheid. Today,...

June 29, 2011 Nuclear Energy Institute spent $545k lobbying

Source: Bloomberg

The main trade group for the nuclear power industry spent $545,000 in the first quarter lobbying about financial support for new reactors and safety regulations, according to a disclosure report. The Nuclear Energy Institute...

June 17, 2011 Corrupt officials funnelled £76bn out of China

Source: The Telegraph.co.uk

Corrupt Chinese officials escaped to the West with more than 800bn yuan (£76bn) in 'black money' in the two decades to 2008, a report by the country's Central Bank anti-money laundering bureau has claimed.

June 16, 2011 The HR-Ethics Alliance

Source: HR Executive Online

The early- to mid-2000s was a boom time for gross corporate misconduct. Between 2005 and 2006 alone, Jeffrey Skilling, president of Enron; Dennis Kozlowski, Tyco International CEO; and Bernard Ebbers, co-founder and chief...

June 14, 2011 Supreme Court upholds ethics laws

Source: LA Times

Reversing a Nevada high court ruling, the Supreme Court said that legislators do not have a free-speech right to vote on matters in which they have a conflict of interest. In a 9-0 vote, the justices said the 1st Amendment does...

June 13, 2011 Business ethics is focus of upcoming Vatican summit

Source: Catholic News Agency

The ethics of finance will take center stage at the Vatican next week as business leaders from around the globe arrive for a two day “Executive Summit on Ethics for the Business World” from June 16 to 17.

June 10, 2011 Muddy Waters Research Is a Thorn to Some Chinese Companies

Source: NY Times

SHANGHAI — Carson C. Block makes even Wall Street cringe. Last week, the founder of the investment firm Muddy Waters Research issued a scathing report on a Chinese forestry company, calling it a “pump and dump” scheme that has...

June 6, 2011 Ethics — do you see only what you want to see?

Source: Business Daily Africa

Why did Warren Buffet, famed for his promotion of business ethics, fail to see the problem that his key officer David Sokol had caused him recently? Why did he first absolve Sokol in what seemed like an obvious case of conflict...

June 6, 2011 What is Reasonable Nonprofit Compensation? A Guide to Avoid IRS Penalties

Source: The NonProfit Quarterly

Do some nonprofit organizations pay too much compensation? If recent news stories are any indication, the answer is an emphatic “yes.” Not a week goes by without reading about a nonprofit executive earning more than one would...

June 3, 2011 Ethics @ Work: Prohibition and drug use – another hangover?

Source: The Jerusalem Post

Prestigious international commission recommends an end to the war on drugs as we know it. In 1920 the United States embarked on a “noble experiment”: a nationwide ban on the production, sale and consumption of alcoholic...

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