Spain was rocked last week by another ethics scandal: the use of black credit cards by the top management of the Spanish bank Caja Madrid-Bankia. (Please note: business ethics is not only about scandals; it also focuses on preserving a solid culture within business organizations and markets in order for them serve the common good. […]
Innovation and Sustainability: Ethics and Efficiency
Philips announced a few months ago that sales of “green products” accounted for 51% of its total revenue last year. Similarly, the Siemens environmental portfolio brought in 43%, while General Electric reported that 19% of the group’s earnings came from “clean energy.” It is a good sign that the ratio of green products is on the […]
The cases of Foley and Sotloff: Collision of rights?
The executions of journalist James Foley last month and Steven Sotloff days ago have sparked debate not only on the tragedies that occurred, but also on the opportunity to place limits on the right to freedom of information: Should images of executions be broadcast? CNN, for example, raised the issue. It is an interesting argument, because […]
Ten Recommendations for the Ethical Rearmament of Banking
The image of banks has deteriorated. They urgently need to improve their image and regain people’s trust. It will be good for them and society. It’s true that some banks were more responsible than others for the tarnished ethical reputation most people now have of financial institutions. And although banks are not the only parties […]
