Tag: malpractices

Why reputational risk keeps grabbing the limelight

“The most valuable asset in the capitalist economy is not cash, stock or buildings, but trust.” Economist Intelligence Unit, Risk of Risks What would a serious blow to your company’s reputation cost? This was once a rather academic query–most organisations could afford to consign it to the back burner. Today […]

Uber: In urgent need of ethical leadership

What kind of leadership is emerging at Uber, the so-called conventional taxi killer? For many users Uber looks a sure thing—a disruptive technology promising to improve the hiring experience and even make it cheaper. It’s a personal-car service aiming to get a client a car in less than five minutes. […]

Can ethics and sales ever be reconciled?

By Catherine Bernales and Antonia Di Lorenzo There’s a great cartoon in which a sales manager tells one of his team: “A dynamic sales idea Lou. I’m just sorry I have to notify the police.” At the recent Ethics and Governance conference by Ethisphere, in London, an attendee challenged the […]

Is this a step too far for nailing bankers?

In August 2014 London Mayor Boris Johnson called for ‘guilty until proven innocent’ to become the law for suspected terrorists. He argued for a reverse of the normal presumption of innocence for those who travel to Iraq and Syria.[1] Let’s not stop at terrorists though. Why not bankers? New laws […]

Another fine mess you’ve gotten us into

What’s another €94m fine between friends?  The latest penalties on several banks for fiddling interest rates by running a cartel, is hardly the stuff of headlines. J.P. Morgan, no paragon of ethical performance in recent years, must pay €61m for crooked behaviour involving Libor, from 2008-9. Yet can you envisage the […]

High rollers with low morals

“With so many people rolling the dice in hopes of a big score, there are bound to be some winners, their rich rewards raise wealth inequality even further.” This conclusion by Edmund Phelps, winner of the 2006 Nobel Prize for Economics has important implications  for the ethical behaviour, or rather […]