What is a SPAC? The new craze on Wall Street is SPACs, or a special purpose acquisition company. SPACs are shell companies formed with the sole purpose of raising funds so it can buy an existing business. There were over 100 SPAC IPOs in 2022. They are often referred to as blank check companies because […]
Are SPACs the Next Financial Disaster Waiting to Happen? Read More »
Analyzing the Case for Corporate Social Responsibility There is no doubt that wokeness has entered the workplace and creates challenges for ethical behavior. Some say it goes too far and politicizes the workplace. Others believe it’s simply an expression of social justice in the workplace and, as such, mirrors what’s going on in society. Discussions
Too Woke or Well-Advised? Workplace Implications Read More »
New Ways to ‘Check Out’ at Work: Dangers for the Workplace I have previously blogged about “quiet quitting.” In July 2022, a TikTok user with numerous followers posted that he recently learned about quiet quitting and said: “You’re not outright quitting your job, but you’re quitting the idea of going above and beyond. You are still performing
Relationship Between Loud Quitting, Conscious Quitting, and Quiet Quitting Read More »
Stakeholder Responses ChatGPT, a chatbot software launched by the AI company OpenAI in November 2022, synthesizes online data and communicates it in a conversational way. The chatbot generates articulate and nuanced text in response to short prompts, with people using it in a variety of ways including their schoolwork. ChatGPT could be a useful tool
What Educators Should Know About ChatGPT Read More »
Setting an Ethical Tone at the Top I have previously blogged about the importance of having a code of conduct for all organizations. A code of conduct establishes the ethical principles upon which the behavior of employees will be judged. It helps to distinguish right from wrong. A code provides guidelines on reporting wrongdoing, and so much
What Should Be Included in an Organization’s Code of Ethics? Read More »
One’s Motive for Acting is the Key Is whistleblowing a moral practice? Different views exist on this important issue. Generally, the act of whistleblowing should be motivated by good intentions – i.e., to right a wrong. On the other hand, if the motive is to gain a financial reward or retaliate against a company for
Is Whistleblowing a Moral Act? Read More »
Missing the Red Flags I have previously blogged about the collapse of SVB and the Signature Bank. In today’s blog, I will update the information and probe more deeply the failings of regulators and KPMG to heed the warning signs that trouble lied ahead. The collapse of Silicon Valley Bank (SVB) and Signature Bank, reminds me of
The Collapse of SVB and Signature Bank: Where Were the Regulators and KPMG? Read More »
Enhancing the Classroom Experience It seems like virtually everyone in education is talking about “ChatGPT.” It’s a potential game-changer for the way students research and write papers. It can also help with homework, writing skills, and to provide feedback. Some claim it’s just another learning tool and should be viewed as an additional resource for
Educational Implications of Using ChatGPT Read More »
Where Were the Regulators? The collapse of Silicon Valley Bank (SVB) and Signature Bank, and a smaller firm, Silvergate Capital Corp., reminds me of the stream of bank failures since the 1970s that have created concerns about the ability of bank officials and regulators to oversee the liquidity and risk-taking activities of banks and other
Is the Banking System Sound? The Saga of SVB Read More »
Transparency and Ethics Are the Keys to Holding the Cryptocurrency Markets Accountable? FTX was considered to be a very stable point in a very volatile world. Having them collapse or having them conduct fraudulent activity that is what’s really shocking many people and having a huge negative effect on the entire crypto world. From time
What Does the Fraud at FTX Mean for You? Read More »