The Supreme Court has ruled federal law blocks consumers from suing for injuries from generic drugs, yet brand name drugs do not have the same protection.
Ethics / Corporate Social Responsibility Archives
Defining values and associated behaviors provide both a focus and the glue that binds leadership behavior and managerial culture.
Leaders need to examine their effectiveness at managing virtuous behavior to add value to organizations. Virtuousness is not only important from a humanistic point of view in workplace settings, but helps drive important organizational outcomes.
Ethics programs have arisen in response to outcry over the perceived unethical behavior of American business. The rapid response is encouraging, though issues have emerged.
Having improved financial performance justifies compensation, but what happens to the compensation after a restatement?
Decisions involving issues of sustainability tend to include an array of objective attributes along with highly subjective value judgments. Managers must find a way to factor qualitative attributes such as environmental, social, and ethical impact into the decision-making process.
Ethics programs are most effective when they flow out of a culture that values practicing business legally and ethically. However, there are a number of ethical issues which are themselves raised by ethics programs that demand more visibility and thought if these programs are to be ultimately effective.
The formula I offered for creating and sustaining an ethical workplace culture in 2003 is still valid today. Indeed, virtuous values, actions and behavioral standards/codes can be the basis for an approach to help drive ethical organizational behavior.
In this video, Theodore Roosevelt Malloch, PhD, speaks with Samuel L. Seaman, PhD, on the subject of spiritual capital and virtuous business leadership.
Clean Tech expert Susanna Kass discusses sustainability, Pepperdine’s new SEER program, and the simultaneous challenges and opportunities that exist in caring for the environment.