Current factory inspections programs are flawed, with deliberate mis-labelling and corruption in factories in China, resulting in shoddy and unsafe products on shelves of retailers like WalMart, says a New York Times investigation story. http://www.nytimes.com/2013/09/02/business/global/superficial-visits-and-trickery-undermine-foreign-factory-inspections.html?pagewanted=all
CSR falls short in practice because it is still often a staff, not line, responsibility. As such there is over-emphasis on PR and the sponsorship of good deeds and an under-emphasis on issues integral to the business itself. There is also too much of a focus on compliance sign-offs on shiny codes of conduct and
The last decade has been a one of soul-searching for business schools worldwide. Since the collapse of Enron, through the financial crisis, to the insider trading and LIBOR scandals, the question just keeps recurring: How did those institutions of higher learning, whose claim is to develop business leaders, influence the conduct of leaders who
This is a sobering article in American Banker (August 23, 2012) commenting on significant recent survey results (N=2,000) about the lack of ethical monitoring by executives and Boards in the financial services sector, based on a survey of 250 interviews in each of the U.S. and the U.K. Monitoring and oversight practices have declined substantially between