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The Economic Fallout From #MeToo

The Horizons Tracker

But it is also something managers and investors should be interested in for purely financial reasons, as it can wipe off enormous amounts of market value in a matter of days,” the researchers explain. in their share price after reports of sexual harassment. The analysis reveals that companies suffer a fall of around 1.5%

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CEOs Who Began Their Careers During Booms Tend to Be Less Ethical

Harvard Business Review

The stock market had more than doubled in the previous five years , and the unemployment rate was at a 30-year low. Based on these previous findings, we wondered: Would CEOs who began their careers during boom times be less ethical? Our question stemmed from the idea that prosperous times are often linked to ethical missteps.

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Who’s Responsible for the Walmart Mexico Scandal?

Harvard Business Review

The piece, which won a Pulitzer Prize for reporter David Barstow , raised a host of personal accountability and corporate governance issues for the company. Late last month, on the second anniversary of the story nearly to the day, Walmart released its first Global Compliance Report (GCR).

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Jamie Dimon’s Pay Raise Sends Mixed Signals on Culture and Accountability

Harvard Business Review

Dimon’s raise obviously has special resonance because JP Morgan’s legal woes were one of the top business stories last year as it agreed to $20 billion in payments to settle a variety of cases involving the bank’s conduct since 2005 when Dimon became JPM CEO. Boards Ethics Leadership' They substantially impacted profitability.

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To Reform Capitalism, CEOs Should Champion Structural Reforms

Harvard Business Review

They go by names like corporate social responsibility, sustainability, shareholder advocacy, social assessment and auditing, consumer action, government regulation, leadership development, ethics, realignment of incentives , attracting long-term investors , creating shared value , and more. Here are a few suggestions: Lead by Example.

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