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The Social Responsibility of Business is to Increase its Profits

Author: Friedman, Milton
Product Type: Essays and Concept Papers; Magazine / Newspaper Articles; Speeches
Source: The New York Times Magazine, September 13, 1970.
Publication Year: 1970

[This document has not yet been rated] 7928 views

"When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," it's obvious that they believe that they are defending free enterprise

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Values in Tension: Ethics Away from Home

Author: Donaldson, Thomas
Product Type: Magazine / Newspaper Articles
Source: Harvard Business Review
Publication Year: 1996

[This document has not yet been rated] 5373 views

This article discusses the principles of cultural relativism and cultural absolutism, in developing a pragmatic and philosophical approach to ethical decision-making for businesses operating abroad.

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Blowing the Whistle, Many Times

Author: Walsh, Mary Williams
Product Type: Magazine / Newspaper Articles
Source: The New York Times
Publication Year: 2008

[This document has not yet been rated] 4501 views

When Cynthia Fitzgerald started out in pharmaceutical sales 20 years ago, she received ample training on the right and wrong ways to sell medical products. Those early lessons didn't serve her so well when she went to work in health care purchasing. Eventually, Ms. Fitzgerald decided to file what could become one of the largest whistle-blower lawsuits on record.

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The Local Costs and Benefits of Wal-Mart

Authors: Irwin, Elena G.; Clark, Jill
Product Type: Policy and Issue Reports; Magazine / Newspaper Articles
Source: Ohio State University, Department of Agricultural, Environmental, and Development Economics
Publication Year: 2006

[This document has not yet been rated] 3570 views

So begins a recent report about the wide-ranging influence of Wal-Mart, from global business to local communities to inflation rates and national wages...

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The Bernard Madoff Case: Trust Takes Another Blow

Author: Knowledge@Wharton
Product Type: Magazine / Newspaper Articles; Interviews
Source: The Wharton School of the University of Pennsylvania
Publication Year: 2009

[This document has not yet been rated] 3520 views

These are tough times for trust.

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Walmart and the Environment

Author: Robinson, Lindsay
Product Type: Magazine / Newspaper Articles
Source: The Urbana-Champagne Independent Media Center
Publication Year:

[This document has not yet been rated] 3374 views

The following article details some of Wal-Mart's environmental abuses in the United States.

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Scandal at Satyam: Truth, Lies and Corporate Governance

Author: Knowledge@Wharton
Product Type: Magazine / Newspaper Articles
Source: The Wharton School of the University of Pennsylvania
Publication Year: 2009

[This document has not yet been rated] 3235 views

In one of the the biggest frauds in India's corporate history, B. Ramalinga Raju, founder and CEO of Satyam Computers announced on January 7 that his company had been falsifying its accounts for years, overstating revenues and inflating profits by $1 billion.

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Everyday High Health Costs; One Giant's Struggle Is Corporate America's, Too

Author: Abelson, Reed
Product Type: Magazine / Newspaper Articles
Source: The New York Times
Publication Year: 2005

[This document has not yet been rated] 2956 views

Back in the spring, amid relentless criticism that Wal-Mart Stores was failing to provide affordable health care to employees, executives at the company decided to take a detailed look at its benefits. Wal-Mart knew its health costs were spiraling upward out of control, said M. Susan Chambers, the senior executive who led the initiative, but it was surprised to discover that its critics had a point...

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Tiffany & Co: A Case Study in Diamonds and Social Responsibility

Author: Zalcman, Miriam
Product Type: Magazine / Newspaper Articles
Source: Knowledge @ Wharton
Publication Year: 2004

[This document has not yet been rated] 2858 views

Michael J. Kowalski, chairman and CEO of Tiffany & Co., the world-famous luxury jeweler and specialty retailer, wasted no time correcting what he called a "misperception" about his company's products...

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What Are Mergers Good For?

Author: Morgenson, Gretchen
Product Type: Magazine / Newspaper Articles
Source: The New York Times
Publication Year: 2005

[This document has not yet been rated] 2819 views

To most investors, mergers are the stock market's equivalent of catnip. Takeover bids typically provide a nice boost to investors' portfolios and confirm their stock-picking smarts. And to hear the executives orchestrating them tell it, they always produce greater profits at the combined company down the road...And yet, for all the profit and promise that mergers seem to hold, the truth about companies combining their operations is a darker one. Academic research suggests that few mergers add up to significantly more prosperous or successful companies...

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