Tag Archive for: In the News

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Finance Tackling Ethical Conduct, But Issues Remain

  Image: The Economist Insights An Economist Intelligence Unit report sponsored by CFA Institute "examines the role of integrity and knowledge in restoring culture in the financial services industry and in building a more resilient…
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Compliance Trends Show Room for Improvement

WSJ's Risk and Compliance Journal reported today on In Focus: Compliance Trends Survey 2013, a collaboration by Deloitte and Compliance Week. They found, among other things, that companies focus on different kinds of compliance issues depending…
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Fair Leadership is Good Business

The Guardian reported earlier this week on a new study showing a strong connection between whether employees perceive their leaders as fair and those leaders' ability to effect positive change in their organizations.   Fairness impacts…
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Cheating May Cause Boost in Happiness

Citing a 2013 study by several ethics researchers, including EthSys contributor Francesca Gino, The New York Times reports that people experience an elevated mood after cheating, as long as they do not believe anyone was harmed…
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Week That Was in Ethical Systems, 9/30-10/6

SEC Gives Whistleblower More Than $14 Million In Record Award​, in The Wall Street Journal The SEC said it awarded more than $14 million to a whistleblower who gave the agency information that led to an enforcement action “that recovered…
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Risk Management and Ethical Systems Design

Recently the Wall Street Journal featured a conversation with Henry Ristuccia, a partner at Deloitte and global leader for Governance, Risk and Compliance Services, speaking on the subject of reputational risk management. The key takeaway: reputation…
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Week That Was in Ethical Systems, 9/23-9/29

This week we turn our focus to stories about corruption. To learn more about research in this area and related fields, see our pages on Corruption and Cheating. Corruption Risk Index Reveals Long-Term Lack of Will to Tackle Corruption…
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Cultural Alignment and Compliance

Mary Schapiro, former SEC Chairman from January 2009 until December 2012, remembers "a time when enforcement fines were the cost of doing business." But in August 2013, WSJ financial editor Francesco Guerrera wrote of a change in the regulatory…
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Week That Was in Ethical Systems, 9/16-9/22

Cheating and Culture: “Students Accused of Cheating Return Awkwardly to a Changed Harvard” in the New York Times Ethical breaches send ripples through all organizations. A year after dozens of students were caught cheating, students and…
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The Ethics of Pay for Performance

The Trouble with Wall Street, by Michael Lewis. The New Republic, February 4, 2013. Earlier this year, Michael Lewis addressed how firms on Wall Street in general, and Goldman Sachs in particular, have fostered a culture that systematically…