Ethikos Editor’s Weekly Picks: Can Business Schools Make Companies Ethical?

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Examining ethics and compliance issues in business since 1987

ethikos e-newsletter will not be published the next two weeks. The next issue will be dated January 9, 2018.


Can business schools make companies ethical?

By Megan Kamerick for Fast Company
Corporate misanthropes are nothing new, but Martin Shkreli is a special case. He became one of the most hated men in America for a while when he gained the rights to a lifesaving drug and then boosted the price by 5,000%, basically because he could. That wasn’t illegal, just casually cruel. Read more

Is the ‘business hug’ headed for extinction? Mixed opinions on when to go beyond the handshake

By Wayne T. Price for Florida Today
When a male colleague recently returned to the University of Central Florida in Orlando from sabbatical a few weeks ago, Maureen Ambrose went to hug him.

“Is this still allowed,” he asked Ambrose, the Gordon J. Barnett Professor of Business Ethics in the College of Business at UCF. Read more

3 A.I. predictions for 2018: emotion, data, ethics

By Rana el Kaliouby for Xconomy
The A.I. age is upon us, and understandably, some are concerned about the social, moral, and ethical implications the technology will have on humanity, from threats to jobs, to concerns with privacy.

In 2018, we’ll see more industry collaboration, like that of the Partnership on Artificial Intelligence, and an open dialogue to discuss things like how we can ensure that people developing and training A.I. algorithms avoid replicating societal biases. Companies will come to understand that building algorithms that avoid bias is not just the right thing to do, but good for business. And, in turn, A.I. ethics will become a fundamental part of computer science education. In the same way medical students must take medical ethics classes, computer science students will be required to take A.I. ethics classes. Read more

More than half of Hong Kong-listed companies do not meet corporate governance requirements

By Laura He for South China Morning Post
A new global report on corporate governance performance has found more than half of Hong Kong’s largest listed companies failed to meet some aspects of the government’s voluntary standards, although the rate is an improvement on last year.

Forty six per cent of the Hang Seng Composite Index (HKCI) constituent companies are now in full compliance with the “Corporate Governance Code” issued by the Hong Kong Exchanges and Clearing (HKEX) in January 2005, according to Grant Thornton Hong Kong’s 2017 Corporate Governance Review, which assesses compliance with voluntary codes in the city each year. Read more

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