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June, 2009

Page Society's white paper is a 'guilt gift'

PRWeek, June 30, 2009
By Alan Kelly
 

Members of my own association, the Arthur W. Page Society, this month delivered the second in a series of white papers, this one on trust. Produced with the Business Roundtable Institute for Corporate Ethics, it presents with authority and the apparent endorsement of the society's rank-and-file. It does not represent me. It is, in fact, a well-wrapped guilt gift to our industry.

Bankruptcy of Trust: Redefining Values to Safeguard Your Reputation

PRNews Online, June 29, 2009
 

Trust is at the core of every type of relationship, from friendships to marriages, so why wouldn’t it be central to the bond between stakeholders and businesses?

“Public trust in business is the level and type of vulnerability that the public is willing to assume with regard to business relations,” says Brian Moriarty, associate director for communications at the Business Roundtable Institute for Corporate Ethics, based on the findings of the Institute’s special report on the dynamics of public trust in business.

SEN. ALFOND SELECTED FOR LEADERSHIP PROGRAM

 US Fed News, June 27, 2009
 

Senator Justin Alfond (D-Cumberland County) was selected to participate in the 2009 Program for Emerging Political Leaders, sponsored by the State Legislative Leaders Foundation and the Darden School of Business at the University of Virginia.

The goal of this program is to inspire the men and women selected to participate to continue careers in public service. Class discussions will examine qualities and characteristics of leadership including: ethical leadership, the art of compromise and coalition building and the philosophical underpinnings of representative democracy. The discussions will be lead by Professor Ed Freeman, the Elis and Signe Olsson Professor of Business Administration at the Darden School and co-director of the Olsson Center for Applied Ethics.

Crime and punishment? Moral deterrents for crime

Pyschology Today, June 27, 2009
By
Art Markman
 

I was reading an article in the June 22 issue of The New Yorker by John Seabrook that described the Ceasefire program that aims to curb gang violence. The article described a collaboration between the Cincinnati police department and an anthropologist named David Kennedy. ... In these meetings, the gangs were given a strong moral message. Obviously, gang members who committed crimes stood the chance of punishment, but there was also a clear message that the violence was wrong and that it damaged the community.  ... One way to think about this is that incarceration (and even capital punishment) for crime sets up a business model.

There is some evidence, though, that the moral dimension can provide an alternative motivation for action. For example, Ann Tenbruensel and David Messick published a study in 1999 in Administrative Science Quarterly in which they had business students play the role of a company manager who had to decide whether a factor should pay to have a factory's pollution scrubbers updated to satisfy new pollution regulations or to violate those regulations.

Interview: Ed Freeman and Roger Bolton

PRWeek, June 17, 2009
By Tonya Garcia
 

Senior reporter Tonya Garcia speaks to Ed Freeman, academic director, Business Roundtable Institute for Corporate Ethics, and Roger Bolton, senior counselor, APCO, about their role in the recent publication of the Arthur W. Page Society and Business Roundtable Trust Report.

Coffee and pastries but no debate

Economist.com, June 16, 2009
  The annual meeting is the most visible evidence that the democracy at the heart of corporate governance (especially in America, where shareholders struggle even to propose motions for discussion or candidates for the board) is a sham.

One of the great questions surrounding corporate governance is why the big institutional shareholders, which tend to vote in support of management, go along with such a sham. Why do they not act as responsible owners and insist that management take shareholder democracy more seriously?

One obvious reason why institutional shareholders do not take more care in exercising their votes is that they are too busy trying to beat the market in the short term, so as to earn juicy bonuses, even though taking their duties as owners more seriously would lead to companies performing better in the long term. Public trust in business has plunged during the current economic crisis, as a new report by the Arthur Page Society and the Business Roundtable points out.

Global Ethics Forum : première édition à Genève

Boursier.com, June 15, 2009
 

La premiere edition du "Global Ethics Forum" se tiendre au Palais des Nations Unies de Geneve les 2 et 3 juillet prochains.

Parmi les 32 intervenants internationaux du Global Ethics Forum, trois invites exceptionnels: ... Patricia Werhane, Presidente de l'International Society of Business Economics and Ethics (ISBEE) & Directrice Executive de l'Institute for Business and Professional Ethics a dePaul University - Chicago (USA).

       

Failing to build trust in business

Management Issues, June 11, 2009
By Nic Paton
 

The pace of job losses, pay cuts and overtime bans may be starting to slow on both sides of the Atlantic, but the loss of public trust in business, the banking community and politicians during this recession is going to take a long, long time to come back.

       

REP. DIANNE TILTON SELECTED FOR PRESTIGIOUS LEGISLATIVE LEADERSHIP PROGRAM

States News Service, June 10, 2009
  State Rep. Dianne Tilton has been selected as one of only 50 state legislators in the country to participate in the 2009 Program for Emerging Political Leaders, sponsored by the State Legislative Leaders Foundation and the Darden School of Business at the University of Virginia.

The University of Virginia conference, set for July 12-15, involves study in such topics as values and ethics; the art of political leadership; action steps to make a difference; personal leadership in a changing world; and the art of compromise and coalition building. Discussions will be lead by Professor Ed Freeman, the Elis and Signe Olsson Professor of Business Administration at the Darden School, and other University of Virginia faculty members.

       

O mundo desconfiado

Terra Magazine, June 6, 2009
By Paulo Nassar
  O 4th Annual Tuck Symposium on Communication, realizado no último dia 2, em Nova York, sob o comando do renomado professor Paul Argenti, colocou na berlinda corporações, instituições e a imprensa, ao analisar imagem, confiança, comportamento e reputação, no âmbito da crise financeira global.

A confiança da sociedade nos negócios foi a questão dissecada por Brian Moriarty e Roger Bolton, que pinçaram informações entre os associados do Business Roundtable e da Arthur Page Society, com faturamento anual de cerca de US$ 5 trilhões e empregam perto de 10 milhões de trabalhadores.
       

Business Roundtable Institute for Corporate Ethics Joins Hundreds of Corporate Leaders on Ethisphere Council: Two Leading Organizations Combine Efforts to Promote Best Practices in Corporate Ethics 

ETHISPHERE, June 2, 2009
  The Ethisphere Institute is proud to welcome Business Roundtable Institute for Corporate Ethics to the Ethisphere Council as an exclusive content partner. Business Roundtable Institute for Corporate Ethics, an independent business ethics center that operates in partnership with Business Roundtable—an association of chief executive officers of leading U.S. companies with more than $5 trillion in annual revenues and nearly 10 million employees—and academic experts from top business schools, joins more than 600 corporate leaders from various industries across the world on the Ethisphere Council.
 
 
   

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