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Business
Roundtable Institute for Corporate Ethics
Celebrates Its Fifth Anniversary—Previews 2009
Initiatives
 Charlottesville, VA,
January 14, 2009--This year the Business Roundtable Institute for Corporate
Ethics celebrates its fifth anniversary. The
Institute was established on January 14, 2004, founded in
partnership with
Business Roundtable—an
association of chief executive officers of
leading corporations with a combined workforce
of more than 10 million employees and $5
trillion in annual revenues—and
leading
academics from America’s best business schools.
The Institute, brings together leaders from
business and academia to fulfill its mission to
renew and enhance the link between ethical
behavior and business practice.
Shortly after
its founding, the Institute conducted a survey of Business Roundtable CEOs,
Mapping the Terrain of Business Ethics,
which has helped to guide its agenda for the
past five years.
Selected accomplishments of the Institute include:
-
Designing and
delivering
business
ethics
seminars for CEOs, Boards of Directors and
Senior Executives.
-
Publishing a landmark report
on short-termism,
Breaking the Short-term Cycle, in
partnership with the
CFA Centre for Financial Market Integrity.
-
Launching a book
series, The
Series in Ethics and Leadership,
with the publication of
Managing for Stakeholders: Survival, Reputation, and
Success, by renowned business ethics scholars
R.
Edward Freeman, Jeffrey S. Harrison, and
Andrew
C. Wicks.
-
Producing a series of
Bridge Papers,
whitepapers designed to put the
best thinking of academic and business
leaders into the hands of practicing
managers.
-
Publishing well-read
business ethics case
studies that are used by MBA educators
and corporate trainers around the globe.
-
Calling
upon
on business schools to adopt principles
and practices for building model business
ethics programs at their institutions
through the report,
Shaping Tomorrow’s
Business Leaders: Principles and Practices
for a Model Business Ethics Program.
-
Creating a web-based
business
ethics simulation that is widely-used to educate the next
generation of business leaders.
Reflecting on the accomplishments of past five
years executive director
Dean Krehmeyer
said, "I am grateful for the commitment and
contributions of our partners—Academic
Advisors, the members of
Business Roundtable, collaborating
organizations, and many others—and I am
confident that our efforts to embed ethical
behavior into business decision-making and
practice will continue to prove valuable to
current and emerging organizational leaders."
In 2009, the Institute will build upon its
current activities by introducing the following
initiatives:
-
A major project on
public trust in business.
-
Leading Practices in Business Ethics—a resource for business leaders searching for
ways to improve their companies through the observed efforts of
other organizations.
-
An online,
freely-accessible video series that
will deliver the best thinking of
business ethics thought leaders to
executives and business students around the
globe.
More information on the
Institute can be found at
www.corporate-ethics.org.
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Media Contact:
Brian Moriarty
T: +1 (434) 982-2323
MoriartyB@darden.virginia.edu
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About the Business Roundtable Institute for Corporate
Ethics
The Business Roundtable Institute for Corporate
Ethics is an independent entity established in
partnership with Business Roundtable—an
association of chief executive officers of
leading corporations with a combined workforce
of more than 10 million employees and $5
trillion in annual revenues—and leading
academics from America’s best business schools.
The Institute, which is housed at the University
of Virginia's Darden Graduate School of Business
Administration, brings together leaders from
business and academia to fulfill its mission to
renew and enhance the link between ethical
behavior and business practice through executive
education programs, practitioner-focused
research and outreach. More information on the
Institute can be found at
www.corporate-ethics.org.
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