>>Institute News Releases  l  Media Kit

2004 | 2005 | 2006 | 2007 | 2008 | 2009

>> Jan | Feb | Mar | Apr | May | June | July | Aug | Sep | Oct l Nov l Dec

November, 2005

 

Coughlin Case Raises Questions The Morning News, November 29, 2005 By Anita French Wal-Mart Stores Inc., in a civil suit filed against its former Vice Chairman Tom Coughlin, outlines the fraud that, it says, Coughlin committed beginning in 1997 and continuing through 2004. Wal-Mart alleges that Coughlin defrauded the company of amounts between $100,000 and $500,000 through his use of false travel vouchers and gift cards going back to 1997. What may puzzle some observers is why Coughlin, who earned a million-dollar salary and even more in stock options and bonuses, would allegedly use gift cards for such items as Advil and beef jerky. Brian Moriarty, associate director for communications at the Business Roundtable Institute for Corporate Ethics in Virginia, said, "We've all come across cases where that's happened. Personally, I find it baffling," he added.
Biz Buzz: Kleptomania in the workplace Newark Star-Ledger , November 18, 2005 By Beth Fitzgerald
	Pilfering office supplies seems as deeply imbedded in office culture as the coffee break. Two-thirds of employees surveyed by New York career-information publisher Vault admitted taking office supplies home for personal use. Reasons for taking the "five-finger discount" range from "Everybody does it and nobody cares" to the individual who brought a plant home "to save its life." "Petty theft is petty theft," says Edwin Hartman, director of the Prudential Business Ethics Center at Rutgers in Newark. "But sometimes it's okay to take stuff from the office if you are going to use it at home as part of your job. And sometimes companies hope that people will take pens and pencils with their name and logo on it and pass them around."
Manufacturing & Society: Practicing The Principles IndustryWeek, November 1, 2005 By John S. McClenahen
	How many times have you heard a child ask, "Are we there yet?" The responsibilities that manufacturers have to society -- to their employees, their customers, their suppliers, the communities in which they operate and, if they are publicly held, to their shareholders -- are not "there" yet. Yet company social responsibility is a serious work in progress, certainly not child's play. CEOs and other senior executives have a responsibility to help define social responsibility for their companies, to devise strategies, to lead the execution of those strategies, and to partner with other groups and to participate in the hands-on training being offered by such institutions as the Business Roundtable Institute for Corporate Ethics at the University of Virginia's Darden School in Charlottesville.

 2004 | 2005 | 2006 | 2007  | 2008 | 2009
 
>> Jan | Feb | Mar | Apr | May | June | July | Aug | Sep | Oct l Nov l Dec