Business Ethics

Workplace Sexual Harassment & Employee Reporting

Business Ethics, Discrimination, Ethical Culture, Sexual Harassment, Workplace Behavior / /

Workplace harassment and misconduct affect 52% of employees who have experienced or witnessed harassment in the workplace, according to a study by HRACUITY. The study’s results are published in 2023 Workplace Harassment and Misconduct Insights. Click on the link to download the results  GET THE INSIGHTS . I have previously blogged about sexual harassment. Today’s blogs advance the discussion […]

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Building an Ethical Culture in the Workplace

Business Ethics, Ethical Culture, Workplace Behavior / /

Ethics in the Workplace When we think about workplace ethics, the first thing that comes to mind is a code of conduct that influences the development of an ethical culture and provides direction to steer the ethical climate toward right behavior. A code goes beyond what is legal for an organization and provides normative guidelines

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Corporate Governance Failures at Boeing

Accountability, Business Ethics, Ethical Leadership, Fraud, Leadership, Whistleblowing, Workplace Behavior / /

The Company Failed to Walk the Talk of Ethics I have previously blogged about the failures at Boeing in production systems, inspections, internal audits, a safety culture, and reporting to the board of directors. One lingering question is: Why didn’t the board of directors at Boeing act to disclose the problems with the production design and manufacturing

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General Motors CEO Makes 362 Times the Median Employee

Accounting Profession, Business Ethics, Workplace Behavior / /

Executive Pay Packages Are Out of Whack General Motors CEO Mary Barra, the highest-paid chief executive among the Big Three, made nearly $29 million in 2022. Securities and Exchange Commission filings show that this is 362 times the median GM employee’s paycheck. Publicly traded companies are required to disclose the ratio of their CEO’s pay

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Are SPACs the Next Financial Disaster Waiting to Happen?

Accounting Profession, Business Ethics / /

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

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What Should Be Included in an Organization’s Code of Ethics?

Business Ethics, Whistleblowing, Workplace Behavior / /

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

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Is Whistleblowing a Moral Act?

Business Ethics, Ethical Culture, Moral Values, Whistleblowing, Workplace Behavior / /

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

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What Does the Fraud at FTX Mean for You?

Business Ethics, Fraud, Whistleblowing, Workplace Behavior / /

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

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WHY GEN Z IS LEAST LIKELY TO REPORT WORKPLACE MISCONDUCT

Business Ethics, Millennials & Gen Z, Whistleblowing, Workplace Behavior / /

THE IMPORTANCE OF WHISTLEBLOWING POLICIES In a recent study by Ethisphere it was stated that younger workers are more willing to report workplace misbehavior than workers from other generations, yet they are less likely to report it. The reason given is that they lack confidence in their employer’s anti-retaliation policies. In other words, they fear that by

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Do Businesses Have an Ethical Obligation to Be Eco-Friendly?

Business Ethics, Corporate Social Responsibility, Sustainability / /

Emphasizing Environmental Issues Appeals to Gen Z and Millennials   Introduction From time to time, I post a guest blog when it contains important information. Today’s blog is by Charlie Fletcher. You can contact her at: charliefletcher365@gmail.com. Charlie addresses environmental concerns that generally fall into the broader concept of sustainability. It seems that everywhere we turn these

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