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WEST CONSHOHOCKEN, Pa. - (BUSINESS WIRE)
- Jonathan Hirtle, CEO of Hirtle,
Callaghan & Co., one of the nation's
largest and fastest-growing privately
held investment firms, will participate
in a panel discussion on ethics this
evening in New York. Organized by Penn
State's Smeal College of Business, the
discussion will examine integrity and
professionalism in turbulent economic
times.
[Among the] Other panelists [is]
Linda Trevino, Distinguished
Professor of Organizational Behavior and
Ethics, Smeal College of Business.
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As the big global investment banks
return to profit, bonuses are paid again
while political leaders call for
restraint, what role do ethics play in
today's business world? Joining Lateline
Business is Professor
Ed Freeman, who is usually based at
the Darden School of Business at the
University of Virginia in the US, and is
currently visiting Australia as the
gourley Professor of Ethics at Melbourne
University.
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Q. Last year, I booked an eight-day trip
to Europe for me and my brother,
Stephen, who has been diagnosed with
terminal cancer. ... We spent about
$7,000 on the trip, a price that
included $264 travel insurance,
recommended by the travel agent in case
Stephen had to cancel.
A few days before the flight, he
had a recurrence of a gastrointestinal
ailment that is a side effect of his
illness. We canceled our trip, but after
we submitted paperwork for the insurance
claim, the company that sold us the
policy, CSA Travel Protection, said it
would not return any of our money. The
reason: Stephen had not seen a doctor,
in person, to confirm that he’d actually
been sick.
Two business school ethics professors
contacted for this column found nothing
to fault in CSA’s conduct, although a
third,
Thomas Donaldson of the Wharton
School of Business of the University of
Pennsylvania, described that conduct as
“legal but blatantly unethical.”
(Also appeared in the New York Times,
Lakeland Ledger, Wilmington Morning
Star, Gainesville Sun, and Gadsden
Times.)
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