Posts Tagged ‘Ethics’
Did Government Housing Policy Cause the Financial Crisis?
The financial meltdown of 2008 impacted the global economy on an unimaginable scale. Many economists consider it the worst financial crisis since the Great Depression of the 1930s. It resulted in the threat of a total collapse of the global financial system, the bailout of many major banks by national governments, and downturns in stock markets around the world. In many areas,…
Read MoreThe Fraud Triangle: Reducing Fraud
Fraud is a serious issue, and while there is no way to guarantee it will not happen, it is important to try to understand why people commit it to try to prevent it. The fraud triangle simplifies the complicated structure of fraud by breaking it down to three elements: pressure, opportunity, and rationalization. When all…
Read MoreEmerging Business Models: Conscious Capitalism and Peace through Commerce
If globalization is considered the most challenging development of modern times then bioterrorism may be its most pressing concern. Increasingly, the connections between health, development and security are becoming clear. The advances in biotechnology, directed toward improving health status, facilitate the reality of bioterrorism, directed toward destroying quality of life and security. Bioterrorism, which involves…
Read MoreCultivating Ethical Business Leaders
Ever since I saw the two movies, The Smartest Guys in the Room and Inside Job, I have been plagued with the question of how business ethics are taught in business schools. More specifically, what makes the teaching of business ethics in business schools at Catholic institutions of higher education different from the way they…
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