Posts in Capitalism
Does business ethics training do any good?

A global bank's reputation is at rock bottom after a string of money-laundering scandals, fraud cases, and government bail-outs. A new CEO is appointed, with a mission to clean up the bank’s profile. He introduces a ‘five point ethics plan’, including strengthened risk controls, more enlightened incentives for bankers, an 'ethics hot-line', and a huge ethics training programme for the company’s 300,000 employees - arguably the biggest ethics training initiative in the history of American business.

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