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Recalls that the collapse of Baring’s bank showed what may lie behind an apparently successful organization. Barings was destroyed by the unauthorised activities of a trader named Nick Leeson. For almost three years Leeson deceived the bank by appearing to earn phenomenal profits, while in...
Persistent link: https://www.econbiz.de/10014932260
We begin with health and safety, notably in the risky working environment of the oil rigs, before moving on to the health service. Social services have become a huge area of concern with cases of child abuse emerging from the past as well as the present. Professional regulatory bodies are...
Persistent link: https://www.econbiz.de/10014932409
Reports a study which investigated the attitudes, knowledge and practices of CEOs in the computer security area. It was found that a relationship exists between CEO review of policies and the presence or absence of a “well‐designed security programme”. These data suggest that large numbers...
Persistent link: https://www.econbiz.de/10014933583
Purpose The purpose of this paper is to examine whether firm-level asset investment effects in returns found for US firms occur within the Greek stock market. Design/methodology/approach The paper utilizes portfolio-level tests and cross-sectional regressions. Findings The authors find that...
Persistent link: https://www.econbiz.de/10014935550
In changing times, vision and values can be the most powerful focus an organisation can have. The CEO is an architect of these values. They must be shared, and tied to reward systems. Several case examples are cited, including statements of values from DuPont, Tampella and American Commercial...
Persistent link: https://www.econbiz.de/10014934836
States that, although it differs from that practised in the West, moral consideration is a key factor in making strategic moves for business people in Chinese society. Substantiates this claim based on evidence from business history in China, overseas Chinese business practice and Chinese...
Persistent link: https://www.econbiz.de/10014934901
Ethics – both within philosophy and in the new disciplines of “applied ethics” and “business ethics” – is a vogue … subject these days and, as such, calls for a few cautionary words. The resurgence of ethics has engendered two main schools of … warnings of the other two, expresses a genuine interest in ethics – an interest stimulated paradoxically by a number of well …
Persistent link: https://www.econbiz.de/10014932159
Large public companies restructure themselves on a regular basis with the primary goals of achieving better financial performance and demonstrating responsiveness to shareholder interests. However, it is well know that such discontinuities typically result in great stress and confusion amongst...
Persistent link: https://www.econbiz.de/10014932165
Globalization and economic integration have focused attention on the topic of ethics in international management. At a … time when the European Union is attempting to harmonize standards in many areas, the issue of ethics within the EU deserves … different ethical orientations in different EU countries. In an effort to gain an understanding about ethics in an EU country …
Persistent link: https://www.econbiz.de/10014932198
All managers and directors are faced with real, or imagined, conflicts of interest or competing demands for time and resources, between shareholders and stakeholders. This has always been the case, but the contemporary emphasis on stakeholders has brought this to a head. Although the more astute...
Persistent link: https://www.econbiz.de/10014932199