Business Ethics

What Does the Fraud at FTX Mean for You?

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

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?

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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It’s Time to Reign in Excessive Executive Compensation Pay Packages

Fairness Dictates That Workers Should Be Paid More  The size of executive compensation pay packages seems to be an issue at least once a year, after information is provided on the average CEO compensation versus the average pay for a worker. It’s not just a fairness issue. Every so often, we hear about a CEO

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Is the Gap Between Executive and Employee Compensation Ethical?

Median Pay was $14.2 million in 2021 for CEOs A few days ago, I read that pay increases for U.S. CEOs are on the rise in the post-pandemic period. Median pay rose to $14.2 million last year for the leaders of S&P 500 companies, up from a record $13.4 million for the same companies a year

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Are You a Victim of Gaslighting in the Workplace?

How to Deal with Gaslighting Through Your Own Actions I have previously blogged about gaslighting in personal relationships. A good resource for you to look at if you believe you are a victim of it has been posted by psycom.net. Today, I will address the issue of gaslighting in the workplace, a problem that can

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Mazars and Trump: How to Cook the Books

Professional Obligations of Accountants to Clients You may have heard that Donald Trump and the Trump Organization’s accountant, Mazars USA, split up after Mazars sent a letter dated February 9, 2022, to the Trump Organization. The letter was included in a court filing and said that “the Statements of Financial Condition for Donald J. Trump

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Teaching Ethics and AI in the Business School Curriculum

Ethics, Accountability, and Risk Analysis Several months ago, a research paper that I had written was published in Strategic Finance. I read it over last night and decided to extract some of the material for today’s blog. AI is transforming the role of accounting and finance professionals in unprecedented ways, and knowledge of how AI

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