>>Institute News Releases  l  Media Kit

2004 | 2005 | 2006 | 2007 | 2008 | 2009

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

January, 2009

Carlos Slim And The New York Times Forbes.com, January 26, 2009 By Tunku Varadarajan
	Carlos Slim, by some accounts the world's richest man, has pumped 3,497,100,000 Mexican pesos ($250 million) worth of liquidity into the varicose veins of the Grey Lady. The New York Times needed the infusion: By some provocative accounts, contested indignantly by the Times, the newspaper was--is--plummeting toward a swift death. Why did Slim come to the Times's rescue?... Slim regards his intervention purely as a business move.... Is the news business just like any other business, in which (per Milton Friedman) the sole obligation is to make a profit and safeguard the interests of stockholders? Or are there differences that should make us question the absolutism of the pure-profit model? Who are the "stakeholders"--to use the phrase of Edward Freeman--in the case of a news business? In other words, who, apart from stockholders, has a stake--defined expansively, and not merely monetarily--in the daily role of a newspaper?
Die anderen verdienen immer mehr Frankfurter Allgemeine, (FAZJOB.net), January 25, 2009 By Philipp Krohn
	Man stelle sich vor, alle überkäme ein tiefer Schlaf. Hinterher wüsste keiner mehr, der am Erfolg eines Unternehmens beteiligt ist, ob er Vorstandsvorsitzender ist, Aktionär oder Arbeitnehmer. Wohl kaum, argumentieren die amerikanischen Wirtschaftsethiker Norman Bowie und Patricia Werhane in ihrem Buch "Management Ethics".
Thain's fall from grace shows that Wall Street's excessive habits are taking time to shake AP Newswire (RGJ.com), January 23, 2009 By Madlen Read
	John Thain should have known the rules. After all, when he became CEO of the New York Stock Exchange in 2004, he replaced Richard Grasso - a man who embodied the excesses of the times and was forced out for taking a massive annual pay package of $187.5 million. Thain at the time accepted a much smaller $4 million. But now, the Wall Street wunderkind is gaining similar notoriety.... Thain's actions exemplify how hard it is for the industry to wean itself off the hefty paychecks and spending the last decade brought - even as financial companies now rely on taxpayer dollars to stay in business. "You've always had this Wall Street ethic of, I'm going to push the rules as far as I can. That's been part of the culture," said R. Edward Freeman, academic director of the Business Roundtable Institute for Corporate Ethics and Olsson Professor of Business Administration at University of Virginia's Darden School. (Also appeared in Newsweek, Washington Post, Businessweek, Newark Star-Ledger, Houston Chronicle, MSNBC, KSL-TV NBC 5, Baltimore Sun, TMCnet.com, The Philadelphia Inquirer, Palm Beach Post, Oakland Tribune & Inside Bay Area, The Miami Herald, Indianapolis Business Journal, Nightly Business Report, Yahoo! Finance, and MSN Money Central.)
2009 Senior Leadership Team Ethics Seminar - Developing Enterprise Ethics Within Your Organization Business Roundtable Institute for Corporate Ethics Celebrates Accountability Central, January 22, 2009
	The Senior Leadership Team Ethics Seminar provides a unique forum for senior executives to engage in in-depth discussion with academic experts and peers about critical issues facing today’s business leaders. February 27, 2009 - Washington, DC [from] 8:30 AM — 11:30 AM This half-day session—Developing Enterprise Ethics within your Organization—will be led by R. Edward Freeman, a professor at The Darden School and the Institute's academic director, and William Senhauser, Senior Vice President and Chief Compliance Officer at Fannie Mae, who will lead a discussion on Building an Ethics and Compliance Infrastructure.
The Whistle-Blower: 2008 Richmonder of the Year Style, January 14, 2009 By Scott Bass
	How one anonymous tipster, aka Harry Potter, incensed a university, brought down two VCU deans and forced Richmond to re-evaluate its leadership. Harry Potter remains a subject of controversy. Potter, who hired a lawyer, says he doesn’t understand why some are attacking him, questioning his motives. Indeed, most whistle-blowers face some sort of retribution, and often wind up unemployed with their reputations smeared, says Andrew C. Wicks, co-director of the Olsson Center for Applied Ethics at the Darden School of Business at the University of Virginia.
Satyam fraud: Misplaced faith in self-regulation Hindu Business Line, January 12, 2009 By J. Srinivasan
	Milton Friedman, writing about the social responsibilities of business, was acerbic: “The discussions of the ‘social responsibilities of business’ are notable for their analytical looseness and lack of rigour. As Edward Freeman, who suggested the stakeholder theory, says, “it’s not useful anymore to separate questions of business and questions of ethics.” An integrated way of thinking about business and ethics is via responsibility of action.
Fumo case a primer in ethics The Philadelphia Inquirer, January 11, 2009 By Jane M. Von Bergen
	Business ethics professors might have a hard time finding a clearer case study than the one that emerged in testimony last week in [State Sen. Vincent J.] Fumo's corruption case in federal court in Philadelphia. "What's fascinating is the detail," said University of Pennsylvania Wharton professor Thomas Donaldson, an author of business-ethics books. "Whelan is showing us a high resolution photo of what is usually a dark-and-blurry picture of tactics that are used to maneuver companies," he said.

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