>>>Institute News Releases  l  Media Kit 2004 | 2005 | 2006 | 2007 | 2008 | 2009 >> Jan | Feb | Mar | Apr | May | June | July | Aug | Sep | Oct September, 2009 ????????????? Benefit cut staggers American Airlines retirees   Tulsa World, September 30, 2009 By: D.R. Stewart    A week after retired American executives, managers and support staff members learned the company is cutting medical benefits for retirees age 65 and older on Jan. 1, many are mad, distressed and disillusioned. Thomas Donaldson said American’s retiree medical cuts are reminiscent of General Motors’ actions a year ago. Donaldson is author of “Ties That Bind: A Social Contract Approach to Business Ethics.” He is Mark O. Winkelman Professor of Legal Studies and Business Ethics at Wharton School of the University of Pennsylvania. Also appeared in Quote.Com and TradingMarkets.Com.  La crisis cambia el discurso del empresario    Cinco Dias, September 25, 2009   Los directivos apuestan ahora por los gestores socialmente responsables, ecológicos y preocupados por el largo plazo. En la misma línea, Enase Okonedo, directora de la Lagos Business School, defendió la necesidad de líderes globales capaces de cambiar la sociedad, sobre todo en países como el suyo, "es muy importante para países africanos, la calidad de vida puede incrementarse mucho si formamos a líderes en transformar la sociedad". Por su parte, Patricia Werhane, de la Darden Business School, señaló que las escuelas han formado hasta ahora profesionales sin visión, "desde esquemas en los que el centro era la corporación; pero en el mundo de hoy no hay nada en el centro, todo está relacionado". Business school bulletin – September 2009    Ethical Corporation, September 2009   Global equity markets down $30 trillion in 2008. Job losses in the US of 650,000 in one month alone. Consumer confidence down to record lows. Lose public trust and it’s frightening how quickly the slide starts. This report is worth a read if only because it bucks the trend in business literature by dwelling on the upside, not the downside, of the current financial turmoil. Crises present opportunities, advocates of creative capitalism like to argue. So step up leaders and “make business better”, this paper urges. [From] The Dynamics of Public Trust in Business, Business Roundtable Institute for Corporate Ethics and Arthur W Page Society, June 2009. ¿Implementación de Estrategia?   Gerenta, September 21, 2009 By Guillermo S. Edelberg    La crisis financiera que sacudió a Estados Unidos y a los principales mercados del mundo parece haberse originado en el excesivo individualismo de muchos ejecutivos, quienes pensaron en sus propios beneficios antes que hacerlo en los de las compañías que dirigían. [...] El profesor Thomas Donaldson señala que los gerentes de nivel más alto se concentran con frecuencia en sus organizaciones y no le prestan demasiada atención a lo que pasa en su industria.  Aspen honours Wharton ethics professor   Financial Times, September 17, 2009 By Della Bradshaw    Thomas Donaldson, professor of legal studies and business ethics at the Wharton school at the University of Pennsylvania, leads the roll call of honour in the 2009 faculty pioneer awards from the Aspen Institute Center for Business Education. The awards recognise professors who integrate social, environmental and ethical issues into their MBA teaching. Also appeared in Greenopolis. Restoring Trust  CNBC.com, September 14, 2009   Bill George, Harvard professor, and Tom Donaldson, Wharton Business School, discuss how trust can be restored in financials, corporate America, housing, and more. Conference on ethics wraps up The Martinsburg Journal, September 13, 2009 By Naomi Smoot   Nurses, physicians and other medical professionals converged this weekend on the campus of Shepherd University for the first West Virginia Clinical and Organizational Ethics Conference. Participants joined in sessions on a range of topics, including discussions about the core values for patient care, and how to best address errors that sometimes occur in the medical field. As the two-day event drew to a close, those in attendance also got the chance to hear from Patricia Werhane, a nationally recognized leader in business ethics. Werhane pointed out to attendees that finding a common viewpoint on medical issues sometimes can be challenging since so many different stakeholders are involved in the process. Topic of trust storms Davos  PRWeek, September 11, 2009 By Margery Kraus   As PR professionals, we have been talking a lot lately about trust. In fact, the recent Page Society report, developed in conjunction with the Business Roundtable Institute on Corporate Ethics, is devoted to the kinds of things companies and their leaders can do to overcome the present crisis of trust in business. Do Nothing, Go to Jail [Reprint from September/October 2008] CORPORATE BOARD MEMBER, September 10, 2009 By John R. Engen   Colorado voters appear poised to approve a first-of-its-kind corporate-fraud initiative that would mandate fines or jail time—and open the door to civil lawsuits—for executives and board members who know their company is breaking the law but do nothing about it. A recent poll found that 84% of Coloradans support the proposed legislation; opponents, including much of the business community, view it as a potential disaster. In practice, the law could have a stifling effect on boardroom dynamics. Dean Krehmeyer, head of the Business Roundtable Institute for Corporate Ethics at the University of Virginia, worries that it could make board members reluctant to ask tough questions for fear the answers might get them into trouble.  Ethics and the Financial Crisis The Toronto Globe and Mail, September 1, 2009 By Karl Moore, Interviewer   This is Karl Moore of the Desautels Faculty at McGill University, talking management for The Globe and Mail. Today I am speaking to Tom Donaldson, who is a professor at the Wharton School in Philadelphia. KM: We're in the midst of the worst recession of our lifetime. It's never been this bad probably since the Depression, certainly World War II. It's not the end of it yet, but it's certainly been tough. How has ethics played a part in terms of how this bad economy came about, in your mind? TD: Well, it's interesting. You think ethics and the current financial crisis, the financial crisis of 2007 and 2009, and the first thing that comes to our minds are some of the real sleazy incidents. We think of Mr. [Bernard] Madoff, we think of those people who took out loans they knew they couldn't pay off. We think of the [debt] collateralizers who were taking bad information. We think of the credit rating agencies. But, actually, there are some more subtle ethical ways in which we can understand this crisis, and one of them is through the phenomenon of the normalization of questionable behaviour.  2004 | 2005 | 2006 | 2007 | 2008 | 2009   >> Jan | Feb | Mar | Apr| May | June | July | Aug | Sep | Oct