Posts Tagged ‘corporate ethics’
Dissecting the Ethics Premium
Earlier this month Ethisphere published is 2019 list of World’s Most Ethical Companies. As always, Ethisphere was also quick to call out what it has dubbed the Ethics Premium: the better stock performance of WME companies compared to large companies overall. Over the last three years, WME firms have outperformed their peers by 10.5 percent.…
Read More2019 World’s Most Ethical Announced
Ethisphere announced its 2019 list of World’s Most Ethical Companies today. Corporate compliance officers can now prepare for a barrage of emails from the CEO and board asking, “Why aren’t WE on that list???” This year 128 companies around the world are on that list, hailing from 21 countries and 50 industries. We can’t name…
Read MoreNortham and Ethical Accountability
Another week, another challenging example of executive misconduct that ethics and compliance officers should consider. Our star this time around: Virginia governor Ralph Northam. Last week photos surfaced from Northam’s medical school yearbook, published in 1984. On one side of the page is Northam. On the other side is a photo of two unidentified men,…
Read MorePolicy Vehicles for Ethical Stances
Lately I’ve been wondering about companies that take a strong stance on some public policy issue: gun violence, immigration, climate change, and so forth. My question isn’t so much why a company does this; modern times have seared social issues into the public conversation. Rather, my question is how. That is, once senior executives do…
Read MoreSalesforce Runs Into Trump Risk
Another intriguing dimension to Trump Risk emerged last week, this time involving Salesforce.com and a tart rebuke from one of the groups fighting to stop the Trump Administration from separating migrant families at the border. The story is this: In March, Salesforce signed a contract to provide staffing software and services to the U.S. Customs…
Read MoreCorporate Ethics & Politics: It’s Gonna Get Worse
Corporations, especially those in the consumer and tech sectors, are in a tough spot these days. Last week’s crisis of the Trump Administration separating migrant children from their parents was a company’s worst nightmare: a ferocious clash of moral values, political agendas, and business objectives, all squirming under the unblinking eye of social media. Every…
Read MoreRoseanne, Corporate Priorities, and Social Media
ABC canceled the second season of the revived Roseanne on Tuesday afternoon, hours after Roseanne Barr shot a racist tweet across the Internet — yet another reminder that life comes at you fast in the social media age, so Corporate America should know its priorities and how they shape the decisions you make. Barr sent…
Read MoreAT&T Wins Ethics Award, Looks Ridiculous
Well this is awkward: AT&T won an award for corporate ethics earlier this week — just hours before news broke that the company paid hundreds of thousands of dollars to President Trump’s personal lawyer last year in what looks like a bribe to help curry favor with the Trump Administration. The award came on May…
Read MoreEthics and Firing David Shulkin
We should never underestimate the Trump Administration’s ability to snatch defeat from the jaws of ethical victory. That certainly seems to be the case with last week’s firing of David Shulkin, now former secretary of Veterans Affairs. Compliance officers in the corporate realm should take note, so your CEO doesn’t shoot your ethics program in…
Read MoreThe Core Ethics Challenge in Facebook’s Flop
The scandal of Facebook and Cambridge Analytica could go down any number of rabbit holes, many of them lost in the legal technicalities of whether Facebook did or did not suffer a breach of its users’ personal data. Ethics and compliance officers should keep focus on the larger issue. And no story within this story…
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