Business Ethics Daily Roundup – January 19, 2010 – Business Ethics Speaker Chuck Gallagher Comments

January 19, 2010

Don Knauss, chairman and chief executive officer of Clorox, shares his perspective regarding corporate ethical behavior and customer interactions.  “Can an organization really influence customers with the way it conducts its business?” My answer to that question, having been in this business for 28 years, is yes.

Nice to see a corporate CEO who finds the value in ethical behavior and benefit to customers.

The Role of Business Ethics in Relationships with Customers

Now who would have thunk (I know that’s not a real word), that Girl Scout Cookie sales would have anything to do with business ethics.  But, that is part of the lesson… Through the Girl Scout Cookie Program, girls develop five essential skills: Goal setting, decision-making, money management, people skills and business ethics.

Girl Scout cookie booth sales begin this weekend

Firms should put their IT ethics policy at the heart of any new business strategy, according to a new paper launched today by the Institute of Business Ethics (IBE).

Institute of Business Ethics Emphasise IT ethics policy

Bill Daniels — the late cable giant who funded the formation of the Daniels College of Business at the University of Denver — was known for his strong belief in practicing business ethics.

One of the more famous stories about his business practices: He owned the Utah Stars of the American Basketball Association when the team declared bankruptcy in 1975. Though his financial obligations were taken care of, he still spent $750,000 of his own money to repay every season ticket holder and vendor, with interest.

Daniels Fund launches ethics initiative at region’s business schools

Barry R. Bekkedam, best known as a basketball star in the 1980s, later built his Main Line investment firm into one of the largest of its kind in the country, thanks to a knack for attracting money from extremely wealthy families.  Unfortunately, Bekkedam’s Ballamor Capital Management L.L.C., of Radnor, has been struggling with the loss of $30 million of client money to an alleged massive Ponzi scheme.

Seems like every time we turn around we hear of yet another Ponzi scheme.

Radnor firms struggles with alleged S. Fla Ponzi scheme