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Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures? This is not surprising: Growing regulation, increased investor focus on governance issues, and scary new categories of corporate risk (e.g. Let’s take pay.
Effective governance serves as the bedrock for organizations, providing a framework for sound decision-making, personal accountability, and strategic direction. In today’s rapidly evolving business landscape, where disruption and uncertainty are the norm, robust governance structures have never been more important.
External standards can also be a powerful tool in support of those efforts, helping companies strengthen ethics and compliance practices by offering a clear framework for action. And consumers are placing a higher and higher value on whether a company has ethical practices, too. In that case, the parent company paid $1.6
This year’s subject of the event will cover various aspects of leveraging AI in project management – e.g., emerging project competencies, ethical issues, sustainability, learning models, and more. There are three attendance options, in-person, online, and hybrid, as well as opportunities to earn PDUs.
We examined the number of stock options granted to rank-and-file employees during the period of alleged misreporting, and we found that these firms granted more stock options during the misreporting period than did a benchmark sample of 663 similar firms that were not being investigated for financial misreporting.
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Evidence that these attitudes represent a generational shift, not one based simply on age, can be found in a benchmark survey of 1,250 insurance company employees conducted for LifeCourse Associates in 2012. Belief in the Fed and the government to bail out any problem are ingrained. Bank failures are distant memories.
This mix of enthusiasm and trepidation over the potential social impact of machine learning is not unique to local government or even to government: non-profits and social entrepreneurs share it as well. But even before we reach that stage, we need to make sure the tool is promising enough to ethically justify testing it in the field.
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