2020

KPMG Sanctioned by the SEC for “Stealing the Exam”

Actions Constitute an Act Discreditable to the Profession On May 18, 2020, the Securities and Exchange Commission (SEC) announced settled charges against three former KPMG LLP audit partners for improperly sharing answers to internal training exams. The exams were administered to determine whether its audit professionals understood certain accounting and auditing principles that are essential […]

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What is Cyber Culture in the Workplace?

The Ethics of Operating in Cyberspace Culture, in any form, is the way things get done. Underlying the culture is a set of values and goals that define the personality of an organization and the link between members of the organization. A company’s organizational culture broadly influences employees and business performance through values, customs, and

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The Ethics of Paying a Salary to College Student-Athletes

Is Trading on the Names and Likeness a Good Thing? According to a recent survey of 2,501 college students by platform College Pulse, a majority of students support initiatives to pay college athletes and overwhelmingly support allowing student-athletes to profit off their name and image. Here are the results: Is paying student-athletes a good thing

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Big Corporations Place Profits Ahead of Safety

Recent Examples of Corporate Ethics Failures Big corporations are failing America because they continue to place profits ahead of responsible behavior. Many use a cost-benefit analysis to conclude that it would cost too much to fix product defects compared to any benefits derived. Until recently, few if any corporate CEOs have been held liable for

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Workplace Ethics and AI Systems

Accountability and Trust Must Be Built Into the System Ethical issues in artificial intelligence (AI) exist because rules of the road are needed to guide what is appropriate behavior in processing data against a set of algorithms to make decisions about individuals, communities, and society. Algorithms cannot think for themselves and are, therefore, morally neutral.

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Millennials Have a Different View of CSR

The Search for a Purpose-Driven Corporation Last week, I blogged about the social responsibilities of corporations and what their purpose should be. Today, I look at those obligations from the point of view of millennials. But first, here’s a summary of last week’s blog. Social Responsibilities of Business  The incorporation of a company is an

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