Workplace Behavior

What is the Relationship Between Conscious Capitalism, Stakeholder Capitalism, and ESG?

ESG, Stakeholder Capitalism, Sustainability, Workplace Behavior / /

Operationalizing CSR I have previously blogged about “Conscious Capitalism” and pointed out that it is a relatively new concept but a natural part of the evolution of what it means to be committed to corporate social responsibility (CSR). Corporations need to embrace conscious capitalism if they want to be relevant as an engine for economic growth. The main […]

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Discrimination Against Seniors in the Workplace is a Growing Problem

Discrimination, Wellness, Workplace Behavior / /

Protecting Seniors’ Rights We are facing economically turbulent times, which may include layoffs and companies downsizing. Unfortunately, older workers often endure the most of these cutbacks because employers use the opportunity to get rid of older workers who sometimes command the highest salaries or prevent the business from projecting a “younger” image. I have previously blogged about

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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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Too Woke or Well-Advised? Workplace Implications

Corporate Social Responsibility, Workplace Behavior / /

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

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Relationship Between Loud Quitting, Conscious Quitting, and Quiet Quitting

Accountability, Workplace Behavior / /

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

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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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Is the Banking System Sound? The Saga of SVB

Accounting Profession, Workplace Behavior / /

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

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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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