0000000001336529
AUTHOR
Weiser Friedman, Linda
showing 2 related works from this author
Conflict of Interest : The Common Thread Underlying Ethical Lapses
2005
The purpose of this paper is to examine various industries for examples of conflicts of interest, and the resulting harmful ethical and managerial effects. All of these examples are well known, having appeared in various news sources. However, each incident has been viewed as an isolated case with no common lessons to be learned. The authors posit that, were it not for the presence of conflict of interest, these abuses might never have occurred. Even the most ethical of people might succumb to temptation when the potential gains are large. It may be impossible to eliminate all conflicts of interest but reducing them will certainly enhance the chance that people will do what is right. Organi…
How Virtuous is Your Firm? A Checklist
2009
Scholars are noting a change in the way business is being conducted. Many firms --one scholar estimates the number at 15%-- are concerned about values rather than focusing exclusively on maximizing profits. This new kind of capitalism considers factors such as societal needs, quality, needs of employees, and environmental sustainability in business decision making. In addition, a large number of consumers (approximately 70 million Americans), known as values-driven consumers, prefer doing business with companies that have values. This paper provides a checklist that can be used by firms to determine whether or not they are indeed virtuous; if they are not, the authors provide reasons why th…