Filed in archive Ethics
by leon on January 19, 2007
How effective a deterrent is the threat of a jail sentence or heavy fine? Why do managers keep stepping over the line when it come to ethical behavior? And why do the same things keep happening over...
Read the full post.
Filed in archive Ethics
by leon on January 18, 2007
For more than 30 years, Christoper Pyle has been campaigning for civil liberties.Now he talks about the phone companies colluding with the US government in the surveillance of its citizens in this...
Read the full post.
The debate is on! Or, at least the debate will be on early next month at CMO 2007, a forum hosted by Red Herring which plans to attract 200 CMOs and other experts from the technology and communication...
Read the full post.
Filed in archive Ethics
by leon on January 17, 2007
The headlines about privacy breaches keep coming in.Hewlett-Packard's pretexting scandal is being cited as an example of a new and growing form of anti-privacy skullduggery and privacy is on the...
Read the full post.
Filed in archive markets
by leon on January 16, 2007
Analysts earn their keep writing forecasts of markets, stocks and other asset classes. The same reports go out but the bigger investors always seem to be the ones that make the money. Why is this the...
Read the full post.
Trust in business continues to fall with a USA TODAY/Gallup Poll showing people now have less faith in the corporate world with only 18 per cent of people saying business executives had high or very...
Read the full post.
Filed in archive SOX
by leon on January 12, 2007
I have written many times that the big problem with Sarbanes-Oxley is that was rushed through without any cost-benefit analysis. The result is a mess and a one-solution fits all approach that the...
Read the full post.
In the past I have raised the question: would Sarbanes-Oxley work for the non-profit sector and for charities?My conclusion: probably not because the needs and constituencies of companies and...
Read the full post.
Filed in archive Ethics
by leon on January 10, 2007
The Hewlett-Packard pretexting scandal, where board members were lying and spying, will go down as one of the big ethical meltdowns of 2006.It also has some profound lessons for corporate governance...
Read the full post.
Filed in archive corporate crime
by leon on January 09, 2007
What are the statistics for corporate crime? In most jurisdictions around the world, the numbers are usually messy and hard to collate.This what makes the Washington-based Centre for Corporate...
Read the full post.
Filed in archive Ethics
by leon on January 08, 2007
Saddam Hussein was handed over to a sectarian lynch mob and made to play the lead role in a vile snuff movie. Thousands of Iraqis and Americans are dead and many more are maimed. Billions of dollars...
Read the full post.
Filed in archive corporate crime
by leon on January 06, 2007
Nothing unusual about greasing palms. But when you travel extensively, you notice there are certain rules and procedures. An etiquette of bribery, all summed up beautifully in this piece in The...
Read the full post.
Filed in archive regulators
by leon on January 05, 2007
The Federal Emergency Management Agency (FEMA) seems to have lost tens of millions of dollars through improper and fraudulent payments, according to a report from the Government Accountability...
Read the full post.
Filed in archive executive pay
by leon on January 05, 2007
That's the question raised by BusinessWeek writer Peter Burrows after Apple exonerated Steve Jobs of wrongdoing in the backdating scandal.Certainly, I made the point in this blog entry earlier...
Read the full post.
Filed in archive corporate crime
by leon on January 04, 2007
KPMG partners are breathing a sigh of relief with prosecutors officially dropping a criminal conspiracy charge against the accounting firm in an abusive tax-shelter case under a deferred prosecution...
Read the full post.
Filed in archive corporate crime
by leon on January 04, 2007
Bribery allegations around the globe.Things have just got a lot worse for the German conglomerate Siemens which makes everything from cell phone components to light bulbs and trams. Rocked by...
Read the full post.
Filed in archive Compliance
by leon on January 03, 2007
For many business executives, the word "document" is still associated with paper. But with e-discovery now commonplace and new rules coming in for handling electronic documents during...
Read the full post.
Filed in archive litigation
by leon on January 03, 2007
Class-action lawsuits filed over Securities fraud reached an all-time low in 2006, according to the latest figures from Stanford Law School.The data from the Stanford Law School Class Action...
Read the full post.
A profound disconnect between the business, government and media elites and ordinary wage and income earners might explain why trust in business is heading south, according to a new study.It also has...
Read the full post.
Filed in archive executive pay
by leon on January 02, 2007
Apple last week formally exonerated Steve Jobs of any wrongdoing over the options backdating scandal. But the questions linger.Apple's 10K report to the Securities and Exchange Commission did its...
Read the full post.
Filed in archive executive pay
by leon on January 01, 2007
The generous rewards for chief executive officers reflects "market failure" and can't be justified by arguing that the top job gets highly paid because it has more risks, according to a...
Read the full post.
