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>>Institute
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February, 2007
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Ethical Funds’ Holdings
Aren’t Black and White
Smart Money Magazine, February
21, 2007
By Mark Glassman |
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There's been a boom in the number of
mutual funds calling themselves socially
conscious over the last few years. A
common criticism of these funds is that
no single one is socially responsible
across the board.
A fund
that makes the environment its top
priority might be less strict about
screening for good corporate governance.
Indeed, staying away from such
stocks is the easy part of the socially
conscious funds. "You exclude the sin
stocks — booze, bombs and buds," says
Thomas Donaldson, director of the
Wharton Ph.D. program in Ethical and
Legal Studies at the University of
Pennsylvania. |
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DePaul leading charge for
corporate ethics evolution
Chicago Sun-Times, February
20, 2007
By
Ted Pincus |
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"While
we've been a leader in teaching
corporate ethics and social
responsibility for quite some time,"
DePaul Business School Dean Ray
Whittington says, "actually prodding and
mentoring corporations themselves is a
more recent mission, as advocated by our
Ethics Department chair,
Patricia Werhane, and Business
Ethics professor Laura Hartman. "We're
helping to start a revolution, a
hands-on approach." (Also
appeared in The Charlotte Observer.) |
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ProfNet Wire: Business &
Technology: Executive Compensation Plans
Newswise, February 5, 2007 |
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ROUNDUP: EXECUTIVE COMPENSATION PLANS:
Jared Harris and
Dean Krehmeyer are listed among
those giving input on Executive
Compensation Plans today. |
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Getting that
culture thing
The National Law Journal,
February 5, 2007
By
Timothy L. Fort |
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After 21 years of teaching ethical
decision-making and the building of
ethical corporate cultures to business
students, I have just started to teach a
law school course on the topic. Having
done this once before in 1999, I knew
that there would not be a lot of
materials available that go beyond the
traditional professionalism or ethical
codes kinds of stuff, but since '99, the
corporate world has shifted attention
from "corporate compliance" to building
"organizational cultures" that focus on
"ethics and compliance."
That change resulted from post-Enron
disenchantment with compliance models
and with empirical evidence
demonstrating that a compliance-based
approach is not particularly effective —
the test of the Federal Sentencing
Guidelines — in creating compliant
organizations. Instead, quite a bit of
academic attention has been focused on
how to build ethical cultures. Surely,
some of this has affected law firms,
too. |
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Rutgers
appointment
Newark
Star-Ledger, February 1, 2007
By Beth Fitzgerald |
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Ray Bramucci, former assistant secretary
of labor under President Bill Clinton
and a former New Jersey labor
commissioner, yesterday was named
director of the Prudential Business
Ethics Center at Rutgers, succeeding
Edwin Hartman who is moving to the
New York University Stern School of
Business.
(This article also appeared in US Fed
News.) |
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The
Obvious Recipe for Greatness in Business
Outokumpu Factor, February 2007 |
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R. Edward Freeman,
a renowned authority on stakeholder
theory and business ethics, explains why
“business is all and only about creating
value for stakeholders,” elaborating
about misconceptions about business,
creating opportunity out of conflict
between stakeholder interests, and
challenges to leadership. |
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