McKinsey & Co. is beefing up its ethics department after a series of high-profile controversies, including helping Purdue Pharma LP “turbocharge” opioid sales. The management consulting giant is hiring for a newly created position with its global “ethics allegations management …
Can ethics be taught? New research suggests yes, while offering the first large-sample study on how rules and ethics training affects behavior and employment decisions in the financial sector. “Can Ethics be Taught? Evidence from Securities Exams and Investment Adviser …
It can happen in the branch office or the boardroom. Volkswagen did it to pass emissions tests. Wells-Fargo did it to squeeze more profits from their customers. Some school districts have it done it to boost their standardized test scores. …
Bankers’ misdeeds would be cataloged, by name, on a private registry for hiring managers under a proposal that’s gaining traction as Wall Street firms struggle to restore reputations damaged by the financial crisis and the Libor and foreign-exchange scandals. When …
Insurance is necessary for the survival and growth of any free market economy. Because of this necessity, insurance practitioners are expected to practice applying a high ethical standard; they are expected to know their profession. Education is one part of …
Support from leaders at the top of organizations is the key to improving the ethical climate in the insurance industry, according to a new survey of industry professionals. Punishing bad actors is one of the least effective strategies, the survey …
A consultant who worked as a health insurance adviser for Jefferson Parish is facing ethics charges in connection with his wife’s work. The Times-Picayune reports that Scott Fontenot’s consulting firm, Fontenot & Associates, was associated with Lagniappe Industries, an insurance …
Supporters of a measure that would ban corporate contributions to political candidates in Arkansas and ban any lobbyist gifts to legislators were given clearance to begin gathering signatures to place their proposal on the ballot this fall. Attorney General Dustin …
