Ethics
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NEWS: Ethics, 2 August, 2022
Consumers judge a company by its ‘morality’
Academics studying comments on Twitter find attitudes to brands are shaped by public perceptions of an organisation’s scruples.
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NEWS: Regulation, 25 July, 2022
Regulator fines KPMG £14.4m
The Financial Reporting Council’s investigation into the Big Four firm’s auditing of Carillion and Regenersis revealed serious misconduct.
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NEWS: ESG reporting, 22 July, 2022
Meta publishes first human rights report
The company has scrutinised the risks of Facebook and WhatsApp, but stops short of publicly committing to all the actions recommended.
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NEWS: Executive pay, 19 July, 2022
CEO Covid pay cuts merely ‘symbolic’
Top-level pay was boosted to pre-pandemic levels by incentives schemes in many cases, leaving investors ‘outraged’, researchers found.
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NEWS: Ethics, 19 July, 2022
FRC launches probe into professional exams
Cheating overseas sparks investigation by the Financial Reporting Council into conduct of UK accountancy and audit exams.
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NEWS: Ethics, 29 June, 2022
Corporate world urged to show its ‘ethical credentials’
The public perception of ethical standards in companies has improved little, a survey by the Institute of Business Ethics finds
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COMMENT: Ethics, 27 June, 2022
The UK needs a code of conduct for company directors
A formal code of conduct for company directors would signal their willingness to apply high ethical standards in governance and leadership.
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INSIGHT: Ethics, 9 June, 2022
Into the mind of white-collar criminals
It is estimated that high-level fraud costs the global economy over US$5trn every year. What can be done to prevent corporate crimes?
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INSIGHT: Book excerpt, 9 May, 2022
The heavy cost of boardroom disasters
The size and global reach of modern businesses means that the repercussions of scandals and collapses are more severe than ever.
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INSIGHT: Business ethics, 6 April, 2022
Corporate sanctions against Russia indicate a new level of social responsibility
McDonald’s, IKEA, Apple are some of the well-known corporations making a stand against Russia. And this is about more than just good PR.
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NEWS: Research, 21 March, 2022
Investment managers hesitant to embrace ethics as part of ESG
Study finds investors shy away from direct talk of ethics, but some are assessing company culture as an indicator of ESG performance.
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COMMENT: Strategy, 21 March, 2022
How to sink a reputation: lessons from the P&O Ferries crisis
The company has destroyed the trust of passengers and employees, and demonstrated the consequences of making decisions based only on cost.
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INSIGHT: Research, 21 March, 2022
Why big firms are rarely toppled by corporate scandals
An analysis of the effects of a wide variety of business scandals shows that only rarely is the effect as severe as we might imagine.
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COMMENT: Culture, 22 February, 2022
BP and Shell windfall tax row reveals lack of progress on purpose
Claim that windfall tax would hurt clean energy investment shows the change in mentality towards purposeful business isn’t taking root.
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NEWS: Supply chains, 9 February, 2022
Companies protest delay in EU human rights due diligence legislation
Companies including Ikea, Danone and Aviva Investors have signed a letter calling on the EU to accelerate its work on human rights proposals.
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NEWS: Report, 26 January, 2022
Ethics in the technology sector remains a headline issue
For a second year running technology is the sector that garnered the most news stories about ethical lapses—with data privacy a key concern.
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NEWS: Reputation, 18 January, 2022
Annual survey reveals 42% of the public consider business ‘unethical’
The Institute of Business Ethics says just 40% of those polled in its annual survey think business is ethical—down from 59% in 2020.
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NEWS: Ethical business, 3 December, 2021
UN calls for ‘culture change’ to improve human rights in supply chains
Push for due diligence comes as part of a roadmap aiming to embed use of the UN’s Guiding Principles on Business and Human Rights.
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NEWS: Report, 13 October, 2021
Gen Z investors’ focus on ethics and ESG poses a challenge for boards
EQ poll reveals 18% of all UK/US retail shareholders are Generation Z—and 80% of them factor ESG issues into their financial decision-making.
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NEWS: Ethics, 26 August, 2021
CEOs who post on social media ‘more likely to trade in their own stocks’
Academics reveal “preliminary evidence” of a connection between social media activity and the likelihood of unethical business conduct.