Promoting EDI in the Workplace In the modern era, where technology has taken over and distances have been reduced due to globalization, workspaces are more open towards cultural diversity. To promote equal opportunity, companies are now including a diverse range of people to work with them and help them grow. According to a BCG report, […]
Diversity and Inclusion in the Workplace: Benefits and Challenges Read More »
Working From Home During the Pandemic By Laiken Shaw, September 20, 2020 The following guest blog was written by Laiken Shaw, a student at Pepperdine University. I am sure there is no need for me to explain that the coronavirus pandemic has taken a hard toll on businesses everywhere. With so many companies being forced
Corporate Social Responsibility and Gender Equality Read More »
The Next Evolution in CSR Conscious capitalism is a relatively new concept, but a natural part of the evolution of what it means to have corporate social responsibility (CSR). Corporations need to embrace conscious capitalism if they want to be relevant as an engine for economic growth. The main difference between conscious capitalism and CSR
What is Conscious Capitalism? Read More »
Why Was the Board of Directors Asleep at the Wheel? McDonald’s is suing its former CEO, Steve Easterbrook, after an investigation found he had a short-term, consensual relationship with an employee over text and video. It also found three additional relationships with employees that were sexual in nature, including the one that triggered the July
The Lessons to Be Learned from McDonald’s CEO’s Sexual Harassment Read More »
Keys to Operating a Successful Cannabis Business State legislation that permits the sale and distribution of marijuana is on the rise. Thirty-three states allow it for recreational and/or medical purposes, including the District of Columbia. Cannabis sales were estimated to be $15 billion in 2018 and projected to be about $73.6 billion by 2027. Given
Accounting, Tax, and Regulatory Issues in the Cannabis Business Read More »
Trust and Verify Artificial Intelligence systems can obscure the data in a way that creates biased information depending on the human values of those who enter the data from its source. For example, an algorithm developed from mortgage loan data might include a variable for the expectation of homeowners’ repayment of the debt. A bias
The Key to Ethical AI is Transparency Read More »
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
KPMG Sanctioned by the SEC for “Stealing the Exam” Read More »
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
What is Cyber Culture in the Workplace? Read More »
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
The Ethics of Paying a Salary to College Student-Athletes Read More »
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
Big Corporations Place Profits Ahead of Safety Read More »