Beware of Rationalizations for Unethical Behavior Why Do Good People Sometimes do bad things, in general? In the past, I have blogged about this issue. I have explored, “What Does “Doing good by being good” mean? Simply stated, it highlights the idea that when one acts with kindness and compassion (being good) it will lead to
Why Do Good People Compromise Their Ethical Values? Read More »
Core Principles of Ethical Capitalism To understand the concept of Ethical Capitalism, we have to first consider concepts such as Conscious or Responsible Capitalism. Conscious or Responsible Capitalism is a philosophy that integrates social and environmental well-being with traditional profit-driven business models. It proposes that companies can and should function as forces for good by being accountable
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The Security Executive Council’s Analysis Recently, I read a study by The Security Executive Council that identifies increasing incidence of incivility and related negative behaviors, including rule breaking, disorder, and violence, that is costing U.S. businesses billions of dollars in lost productivity and absenteeism attributable to incivility. The report identifies environments such as retail floors,
The Growing Costs of Incivility Are Negatively Affecting Business Performance Read More »
Integrating ESG Into the Business/Accounting Curricula: Some Thoughts and Ideas I have previously blogged about whether ESG really matters. In this blog I look at the education needed in sustainability and ESG to prepare college business school students for the increased knowledge requirements in these areas. ESG captures mainly nonfinancial information that can create risks
Sustainability is at the Forefront of Changes in Business Education Read More »
Measuring Sustainability Performance I have previously blogged about the link between ESG reporting and sustainability. In this blog, I will briefly address the question of whether gathering and reporting ESG data really matters. ESG reporting provides a specific framework for evaluating and measuring a company’s sustainability performance. It assesses a company’s ESG-related risks and opportunities by providing
Does ESG Reporting Matter? Read More »
Challenges and Opportunities for Disclosure I have already blogged about the importance of gathering and disclosing ESG data (environment, social, and governance) and how it affects operational and investment decisions. In this blog, I repeat some of the most salient facts and suggest that ESG should be taught to students. I believe the best courses
What Students Need to Know About ESG Read More »
Sustainability Disclosures Need to Be Enhanced It seems that everywhere we turn these days, sustainability reporting is discussed. From individuals to corporations and nonprofits, almost everyone is jumping on board with the idea that we all need to live more sustainable lives, including protecting the environment. Reporting on ESG Issues Sustainability issues can be related
The Time is Right to Mandate Financial Reporting of ESG Issues Read More »
Climate Change: The New Kid on the Block information to make informed judgments about the financial condition of companies. This includes events that create possible future obligations based on the outcome of current events, where it is not known with certainty whether the outcome will create a liability for a company. For years now, a
Promoting an ESG Culture Read More »