Tag #Business Ethics

Showing 1 to 12 of 15 results

forbes.com
🌐 85% Global Worthiness
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Target CEO Resigns Amidst Sales Slump Following Reversal of DEI Commitments

Target CEO Brian Cornell resigned following a drop in sales partly attributed to the company's January reversal of its diversity, equity, and inclusion commitments, leading to a consumer boycott and significant decrease in foot traffic compared to Costco's increased traffic after affirming its DEI p...

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Borrell's Fight Against Construction Corruption in 1990s Spain

In the 1990s, Spanish Minister Josep Borrell publicly fought against widespread corruption in the construction sector, where companies commonly paid 2-4% commissions for public works contracts; this issue, also highlighted by later political admissions and corporate scandals detailed in "Fiascos S.A...

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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Transformative Leaders: Building Organizations That Matter

According to the U.S. Chamber of Commerce, 80% of small businesses engage in community support; however, transformative leaders integrate this into their core strategy, building organizational culture around shared purpose and community contribution, enhancing long-term sustainability and employee e...

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44% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Trump Jr.'s Post-Election Business Ventures Raise Ethics Concerns

Since his father's 2024 reelection, Donald Trump Jr. has joined at least eight corporate boards, sparking concerns about potential conflicts of interest as companies experience significant stock increases following his involvement; critics cite this as evidence of a pay-to-play culture, while Trump ...

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52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Scrutiny of Liberal Candidate's Business Practices

Liberal Party candidate Zahid Safi's business practices are under scrutiny after several of his companies were deregistered for unpaid fees, websites showed false reviews and stock images, and residents denied knowledge of business operations at his listed address.

Progress

56% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Deputy Minister Resigns Amidst Past Business Accusations

Aristos Doxiadēs, Greece's newly appointed Deputy Minister of Research and Innovation, resigned yesterday, two days after his swearing-in, following accusations from SYRIZA regarding his past involvement with the "Apollon" company, which faced charges of anti-competitive practices; Doxiadēs maintain...

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
theguardian.com
🌐 75% Global Worthiness
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Vodafone Faces £120m Lawsuit, Regulatory Crackdown Possible

A £120 million lawsuit claims Vodafone unjustly enriched itself by drastically cutting commissions for 62 franchisees, leading to financial distress and even suicidal thoughts; the UK government is closely monitoring the case and considering regulatory action.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Vodafone Terminates Contracts of Franchisees Amidst £120m Lawsuit

Vodafone terminated the contracts of 12 franchisees involved in a £120m lawsuit alleging unjust enrichment through commission cuts, despite previously reimbursing almost £5m to franchisees and claiming no misconduct; the dispute continues, impacting the newly merged VodafoneThree entity.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Combating Misinformation: Why Businesses Must Embrace Journalistic Fact-Checking

The article emphasizes the critical need for businesses and thought leaders to adopt journalistic fact-checking practices to counter the spread of misinformation, stressing that accuracy and transparent corrections build trust and protect against reputational damage.

Progress

24% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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DEI's Impact on Corporate Finances: A Tale of Two Strategies

Amidst a changing political landscape, some companies are abandoning DEI programs, incurring significant financial losses (e.g., Target's $12.4 billion loss) and consumer backlash, while those maintaining them see increased profits (e.g., Costco's all-time high stock price) and face legal challenges...

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44% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Nivea's Russia Promotion Funds Kremlin-Linked Foundation

The German skincare brand Nivea, owned by Beiersdorf, is financially supporting the Kremlin-linked Russian foundation So'edinenie through a sales promotion involving 144 Nivea products; this contradicts prior statements by Beiersdorf to limit its Russian operations after the Ukraine invasion.

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 65% Global Worthiness
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Momentous CEO's Leadership Lessons: Quality Over Profit in the Supplement Industry

Jeff Byers, CEO of Momentous, discusses his journey from NFL player to entrepreneur, emphasizing leadership lessons learned from Pete Carroll and his commitment to building a trustworthy supplement company, even at the cost of short-term profits.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 15 results