Do Whistleblower Awards Lead to More Whistleblowing? The ethics of whistleblowing is a tricky matter. Whistle-blowing brings two moral values, fairness and loyalty, into conflict. Doing what is fair or just (e.g., promoting an employee based on talent alone) often conflicts with showing loyalty (e.g., promoting a longstanding but unskilled employee). Taken to its extreme […]
What Motivates Someone to Blow the Whistle? Read More »
Protecting Yourself Against Elder Fraud Abuse I recently read several articles posted online about the rise in elder fraud and how federal government agencies are dealing with them. One stands out by Laurie Archbald-Pannone is an associate professor of medicine and geriatrics from the University of Virginia that was originally published in The Conversation. Losses due to
What Americans Need to Know About Elder Fraud Read More »
Ignoring Quality Controls to Maximize Profits The case of Boeing and its manufacturing deficiencies and production flaws is a tale of what can happen when a company puts profitability over safety. Most readers will be aware of the Boeing airplane crashes between 2018 and 2024 that threatened the very existence of a manufacturing company whose
Regulatory Actions Taken Against Boeing: The Problems with 737 MAX Read More »
Creating an Ethical Framework to Mitigate Risk Today’s blog is an update to one previously posted about ethical risks of AI. I’ve added to it a discussion in the Harvard Business Review (HBR). A brief summary follows. Concerns About Ethical Risks According to the HBR article, for companies that use AI, risk aversion is a top
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Disconnect Between Democrats and Republicans Moral Values are interlinked with ethical standards and establish a framework for right behavior in society. Morality in the U.S. is on the decline, which is the topic of today’s blog. Is there a disconnect between the Democrats and Republicans with respect to how they view the trend in the
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Looking for the Red Flags of Fraudulent Financial Reporting I recently read an article that describes the results of a study that contends that some company bosses are being placed in a position of power when the company needs “aggressive earnings reports”. In such cases, recruiters are more likely to suggest job candidates with “dark
Do Dark Triad Personalities Explain Aggressive Accounting? Read More »
Personality Traits Might Give Us a Clue I recently read an article that describes the results of a study that contends that some company bosses are being placed in a position of power when the company needs “aggressive earnings reports”. In such cases, recruiters are more likely to suggest job candidates with “dark personality traits”
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The Big Hustle Theranos was a privately held health corporation that was touted as a breakthrough technology company. It claimed to have devised blood tests that required only exceedingly small amounts of blood and could be performed very rapidly using small automated devices the company had developed. However, the claims later proved to be false. Here is their
What Happened to Theranos? Read More »
Message From John Stumpf, CEO of Wells: Do What I Say, Not What I Do Wells Fargo is the poster child of an unethical company. We now know that its employees opened more than two million unauthorized bank and credit card accounts to meet sales projections. It cost customers almost $2.5 million in fees. The
Navigating the Choppy Waters of Unethical Behavior at Wells Fargo Read More »