Feature Channels

Business Ethics

Filters:

  • (Press "esc" to clear)

Business

Channels:

Business Ethics

Keywords:

Washington Mutual Facilitates a Multi-Million Dollar Ponzi Scheme

Attorneys have filed an action in the US District Court for the Northern District of California accusing yet another bank of nurturing a Ponzi scheme. The complaint was filed as a class action suit on behalf of victims of a $150 million Ponzi scheme involving thousands of defrauded investors and the promise of safe, high yield CDs.

View

Business

Channels:

Business Ethics, Economics

Keywords:

Failing The Sniff Test: Researchers Find New Way to Spot Fraud

Fraudulent companies find innovative ways to fudge the numbers, making it hard to tell something is wrong by looking at their financial statements – until now. A new warning system sees through accounting tricks by evaluating nonfinancial measures. If a company says its profits are up, but it is losing staff, something is wrong.

View

Business

Channels:

Business Ethics

Keywords:

Nonprofits at Risk in Partnerships with Corporations

Nonprofits put their brand at risk when they partner with corporations on social responsibility initiatives. A study shows that people often construe such connections as a seal of approval of the corporation by the nonprofit.

View

Business

Channels:

Business Ethics

Recent Sex Scandals a Lesson for Managers

Recent high profile sex scandals are a reminder to business owners and managers to ensure their companies have strong sexual harassment policies in place.

View

Life

Channels:

Business Ethics, Story Ideas: Life

Keywords:

Gossip in the Workplace: a Weapon Or Gift

Workplace gossip can be a weapon or a gift and can offer clues to power not found on organizational charts. Indiana U. researchers details how the weapon is wielded -- and deflected -- in a rare study that catches this national pastime on video.

View

Business

Channels:

Business Ethics, Government/Law, Story Ideas: Business

Keywords:

Bank of America Implicated in a Fourth Ponzi Scheme

A Complaint filed October 22, 2009 in Federal District Court in Tampa, Florida alleges that Bank of America was at the center of yet another Ponzi scheme. The operator of this scheme, 27 year-old Beau Diamond, defrauded hundreds of investors from Florida and around the country of at least $37 million. He claimed to be an experienced trader in off exchange foreign currencies. In truth, he had no such experience and was not registered to sell securities or trade foreign currencies for others.

View

Business

Channels:

Business Ethics, Story Ideas: Business

Keywords:

Consumers Fail to Distinguish Between Licensing Agreements and Seals of Approval

Although Corporate social responsibility (CSR) initiatives, are not necessarily intended to constitute an endorsement of the brand by the participating nonprofit organization, consumers may perceive them in the way. Two common types of CSR initiatives (licensing associations and cause-related marketing) were studied, and the authors conclude that both may be seen by consumers as explicit seals of approval.

View

Business

Channels:

Business Ethics, Story Ideas: Business

Keywords:

Business Law Professor Says Companies Must Understand FCPA Risks

In a new survey by Deloitte Financial Advisory Services, only 31 percent of respondents indicated that their company had in place a “comprehensive FCPA (Foreign Corrupt Practices Act) compliance program.” Only 32 percent of respondents said their company addresses FCPA risks “proactively.” This is a problem, according to Butler University’s Mike Koehler, assistant professor of business law for the College of Business. U.S. enforcement agencies are initiating FCPA actions at a record-level against large and small companies alike in a variety of industries, and against individuals. No company is immune from FCPA scrutiny.

View

Business

Channels:

Story Ideas: Business, Business Ethics

Keywords:

Majority of Corporate Directors Believe CEO Pay Packages Need Paring

New survey from USC Marshall’s Center for Effective Organizations shows that corporate board members support cutting CEO perquisites and support tying pay to company performance.

View

Life

Business

Channels:

Business Ethics

Keywords:

Pr Pros Are Good Ethical Thinkers

For years journalists and others have questioned the ethics of public relations practitioners and firms. People in PR, however, appear to be getting a bad rap. That's what a new study funded by the Arthur W. Page Center for Integrity in Public Communication at Penn State University has found.

View