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 […]
Building an Ethical Culture in the Workplace Read More »
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
Corporate Governance Failures at Boeing Read More »
Lack of Experience and Training is the Underlying Cause The following blog is taken from an interview soliciting my views on SPAC audit problems that was published by CFO Brew online by Courtney Vien on March 1, 2024. In case you needed more proof that the Special Purpose Acquisition Companies (SPAC) boom is over, the PCAOB just
PCAOB Fines Withum for Quality Control Violations Read More »
Reviewing What Others Say About It I’ve always been attracted to the concepts of Emotional Intelligence and Ethical Intelligence. They are character traits that make for healthy relationships. However, I haven’t given them enough coverage in my blogs as it pertains to ethics in the workplace. According to ethicist Bruce Weinstein: “Emotionally intelligent people are aware of how they and
What is Ethical Intelligence in the Workplace? Read More »
SEC Comes Down Hard on Marcum LLP On June 21, 2023, the PCAOB sanctioned Marcum LLP for violating PCAOB rules and quality control standards by failing to take sufficient steps to ensure that its system of quality control provided reasonable assurance that: (1) the firm would comply with the requirements regarding the acceptance of issuer
Are SPACs on the Way Out? New Regulations are on the Horizon Read More »
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
What is the Relationship Between Conscious Capitalism, Stakeholder Capitalism, and ESG? Read More »
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
Discrimination Against Seniors in the Workplace is a Growing Problem Read More »
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
General Motors CEO Makes 362 Times the Median Employee 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 »