Tag Archives: ethics

A Case Study on The Boeing Company Derivative Class Action

In 2006, plaintiffs in a derivative class action against the directors of The Boeing Company (“Boeing”), led by their counsel Labaton Sucharow, achieved a landmark settlement establishing unique and far-reaching corporate governance standards relating to ethics compliance, provisions that will also obligate Boeing to contribute significant funds over and above base compliance spending to implement the various prescribed initiatives.

In particular, Boeing’s Board of Directors will expressly undertake, through amendment of Boeing’s Corporate Governance Principles, reasonable oversight and monitoring responsibility for the implementation of Boeing’s ethics and compliance program and the effectiveness of those processes on an annual basis. The Audit Committee Charter also will be amended, including to provide for the Audit Committee to undertake responsibility for reporting no less than annually to the Board with respect to the implementation and effectiveness of Boeing’s ethics and compliance program. Click here to read more…

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Case Study of The Human Genome Project

As point of departure for the exposition and analysis of the sensational collection of essays, Brave new world? Theology, ethics and the human genome, compiled by Celia Deane-Drummond and published at the end of 2003 by T & T Clark International in London, I wish to tackle the issue of the familiar dialogue between theology and natural science. The editor professes in the foreword that she too, and pertinently, wishes to stimulate this dialogue (Deane-Drummond 2003:xxvi).

However, as this debate brings widely divergent epistemologies and also the ontologies of different orders in dialogue with one another, I wish to employ as a horizon of understanding, two basic points of departure from Immanuel Kant’s philosophy – two perspectives which in their extreme forms have admittedly been superseded (solipsism and dualism) but which nevertheless in a moderate form still give direction in the debate, even if it is by way of falsification. Read further..

[youtube http://www.youtube.com/watch?v=XuUpnAz5y1g&w=420&h=315]

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A Study for Forensic Economists, Their Methods and Estimates of Forecast Variables

A Study on Forensic Economists, Their Methods and Estimates of Forecast Variables

Abstract: In March 2003, 746 surveys were mailed to the population of NAFE (National Association of Forensic Economics) members, with libraries and attorneys excluded. The survey instrument covered numerous topics, including economic methodology, proposed research topics for forensic economists, current consulting practices, and open-ended questions concerning ethics and reaction to the survey instrument. The results of the survey were examined with a direct comparison to earlier surveys, although there were a few new questions involving punitive damages and cases related to the September 11, 2001 disaster.

Results of the survey related to economic variables such as medical costs and discount rates showed few significant changes from earlier surveys. Two of the more interesting results were that forensic economists continue to leave academic teaching in favor of full-time consulting, and survey respondents felt that the work life of both disabled and non-disabled individuals should be an important focus of future research. Keep reading…

A Studies on Ethics Conflicts in Rural Communities

A Studies about Ethics Conflicts in Rural Communities

Abstract: Allocation of scarce resources is a reality for health care professionals and organizations. Resource allocation issues can be particularly challenging for rural communities, where resources are not enough to meet all needs and fewer alternatives exist to resolve conflicts between competing needs. In addition, the ramifications of decisions may be more visible in the rural setting. Decisions regarding allocation of resources can be troubling for clinicians and administrators to make, at both the personal and professional levels. Such decisions can be at odds with providers’ deeply held beliefs about benefiting others without harm.

Resource allocation decisions can create conflicts for personal, professional, organizational, and community priorities and commitments. Though resource allocation issues are economic in nature, they inherently raise issues relating to organizational mission nd ethics. The philosophical method chosen to resolve resource allocation conflicts can influence both the way in which decisions are framed, and how the decisions are made. When responding to resource allocation conflicts, it is difficult to prioritize and identify a primary fiduciary duty or responsibility. Keep reading…

White Paper: Boeing Management Planning

This paper will discuss management’s business planning at Boeing. Boeing is an aerospace company, a leading maker of commercial airplanes, military aircraft, satellites, and missiles. Business planning at Boeing is a very complicated process because it is influenced by internal and external factors that would involve legal ethical issues, and corporate social responsibility. Factors such as economic conditions, laws, and competition directly influence the strategic, tactical, operational, and contingency planning. Boeing has been able to maintain success for many years due to their strong ethics and planning abilities. Click here to read more…

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Link Between Decision-Making and ERM: A Case study

Enterprise risk management is a process, effected by an entity’s board of directors, management and other personnel, applied in a strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risks to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives.
Committee of Sponsoring, Organizations of the Treadway, Commission (COSO), Enterprise Risk Management–Integrated Framework (2004).

Enterprise Risk Management (ERM) is not a separate, isolated process performed outside of normal business processes. Quite the contrary, ERM, similar to fraud prevention, ethics and internal controls, is integral to an organization’s success. it should be imbedded into and integrated within organizational strategy and incorporated into an organization’s core activities. erM needs to become part of organizational culture.Once the risks are identified and assessed, executive leadership must establish a plan to manage and monitor those risks. Find out more information on Link Between Decision-Making and ERM

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Case Study on Human Resource Management the Tata Group

The Tata Group, one of the largest and most respected business conglomerates in India, had an outstanding heritage of adopting some of the best HR practices. Over the years, the Group had expanded rapidly and a common HR platform was needed across the group.

A Group HR Strategy was formulated and implemented across the group, with great success. With many Group companies expanding globally, executing the HR policies across the various entities would be a challenge. It remained to be seen if the Tata Group would maintain the founding ethics and values in its quest for growth and global expansion. Click here to read more…

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Will Wall Street Redefine The MBA Curriculum?

Management courses at business schools have always been the subject of much debate and discussion. Schools have had to modify and adapt to constantly changing economic demands, but 2010 might just be the most game changing yet.
Today, we are well on our way to making core classes on ethics and sustainable business practices a real and relevant part of MBA curricula. While the approach has differed by school—some have made these courses compulsory, others have preferred the electives route—the central concern remains the need for responsible leadership in the marketplace.
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Case Study on Ethical Issues

Ethics, also known as moral philosophy, is a branch ofphilosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior. You don’t have much time to worry about world hunger and nuclear disarmament when you’re building a business.

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