Do you think capitalism is compatible with a sense of ethics, or is another system better suited for it?

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One of our professors in a Brand Management class told us, when running a business you don't think whether or not to sacrifice an ethical concern, but which one to sacrifice when.

From my own experience, ethical awareness/wokeness by companies is just a marketing gimmick.

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I think that for decades, capitalism encouraged a system of corporate governance that was singularly based on shareholders...do whatever is good for shareholders, nothing else matters. That philosophy has led to very short term thinking...whatever drives up the stock price today, or drives up a quarterly revenue number, is what matters. I think that's wrong...and that capitalism is evolving toward a much more nuanced, multiple stakeholder approach that will encourage longer term thinking...and more ethical decisions. So I don't think there's necessarily a better system suited for ethics, but I do think capitalism needs to continue to evolve and encourage/reward more ethical corporate behavior.

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Can someone guide on this?

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Fishes! Currently working in one of the big 4s. They are planning a stupid townhall on May. Is it like really mandatory to go to these meetings? Do they fire you if you don't :D

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6 PM- This bowl will be lit 🔥

More lit than ever!!

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Hi All

I have 5 years experience in management consulting/business analyst in Capital market and Investment banking Domain.
I am looking for referral.Please help as I am currently on notice period.I shall be grateful.

Thanks

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Does anyone know someone who has been fired from their firm for political activism? Please state why and the context.

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Anyone stay at the W Costa Rica? Planning a trip to Costa Rica and trying to decide between that and the all inclusive Westin right next door.

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What tax issues uncovered during tax DD can affect the FDD report?

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Do MBA student clubs use Teams or Slack? Do they use just the free tier?

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On a Zoom call:
Colleague A: *begins talking*
Colleague B: *begins talking at the the same time as A*
Colleague B: "I'm sorry, A. Go ahead"
Colleague B: (said with much attitude) "No, B. You go ahead. I'm sure what you have to say is more important anyhow."
Everyone else on the call: *Stunned silence....*

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I have many leaves in my bucket. Will leaves Be carry forwarded to next year

What is the industry standard of salary of a back end developer with 10 year of exp in Canada ?

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Can someone share any openings for JPMC Bangalore related to freshers.
Tech stack is SQL and Tableau. I am a fresher with 10 months of experience in internships and 1 month of full time experience.

Thank you for your help!

Anyone have a recommendation of a production partner that can install Grand Opening signage packages for a national scale retailer?

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A recruiter keeps discussing my salary level before sharing my resume with the client. I gave given my level and said I’m willing to discuss based on other benefits etc but feels a bit odd to keep discussing it before even sharing with the company... Is this normal?

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Hi Fishes,

Is there anyone currently working in
Roland Berger India office? Wanted to know about consultant salary range, wlb, projects and culture

Roland Berger Roland Berger

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Is the AWS CSA-A cert useless these days? I know at least 5 sales execs (non-technical of course) that got it this year and they’re not even in tech industry.

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Anyone from Apple who is kind enough to refer me? I have the job Id ready with me. Apple Inc. Apple

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What's it like working with BCG in Dubai? Which service lines have the best people and which should be avoided?

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For those who have passed the CIPM exam, what is it like (and how does it compare to the CIPP/US exam)?

Additional Posts in Ethics In Business

I was fired after I reported a partner for a serious (criminal) ethics violation. The firm covered it up. Are all companies like this in the end? I’ve lost my trust and don’t know how to start over.

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Does the ambit and application of ethics vary per the rank and profile of an employee in the organization? For instance what would be an ethical take on the Amazon VP quitting over virus firings?

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How do you thoughtfully instill ethics with leadership and have that trickle down to the rest of the organization?

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I feel like we talk a lot about ethics in business from a liberal standpoint - but what if that Colorado baker just really didn't want to make a cake for a gay wedding because they don't believe in equal marriage?

Like who gets to decide what’s moral and what’s ethical?

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Whew. It's been a busy morning, I've had a lot of fun responding to some fascinating questions around business and ethics for the last couple hours.

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Lots of great discussion this afternoon...there are few objectively "right" answers in this area, and I'm impressed that everyone on the forum engages in vigorous but respectful debate.

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Companies are not people... despite prevailing law. Why do we pretend they will behave ethically?

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Ethics is a topic in computer engineering that I have had to dance around. In a federal capacity with a security clearance ethics didn't mean anything.

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Hi everyone, wanted to come back and talk about the work environment at the Washington Redskins/Football Club -- the Washington Post story was pretty jaw dropping. One troubling angle was the use of NDAs to stifle victims. NDAs have for too long enabled bad behavior to continue, and it's time companies pledged to stop using NDAs in settlements with victims -- the coverup is worse than the bad acts. I think Warren torpedoed Bloomberg's campaign due to his use of NDAs. Thoughts?

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Thoughts on large companies taking PPP loans?

Can a company that is seemingly unethical incorporate ethics into its operations? Take Exxon for an example - can it ever become ethical?

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Hey guys, newbie here please be gentle with me 😅. I have recently accepted an offer but my gut tells me it might not be the best for my future move. As usual there a probation of three months during which the notice period is half the time as compared to if I was a comfirmed staff. Do you think I should start looking and make use of the shorter notice period during my probation?

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Ethics are a glorified way to protect companies from liability. Change my mind.

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Just wondering if anyone here has reported someone to Ethics, had the illegal or unethical behavior of the person been substantiated and STILL be retaliated by their company. Also please state if you followed the reporting policy and if your company has a non-retaliation policy

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From what I understand, ethics is separate from legal. Legal violations have consequences, ethical violations don’t. What’s the point of ethics if there are no consequences? Sure when it’s convenient to be ethnical, everyone will be. It only matters when it’s not convenient. So should there be ethics set up with consequences like loss of job that applies evenly for everyone in the company including the CEO? Should their be financial consequences set up for smaller violations?

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I’m a VC in SF and have been spending a majority of my time helping companies navigate the uncertain terrain ahead. I am able to address obvious concerns around fund raising and pivot strategies , yet there are many questions I am struggling to answer regarding PPP eligibility and this one. . “ Is there a way to ethically lay off employees?”

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FT Manager requested for an additional PT subordinate. The workload keeps herself & her current FT subordinate working 50 hours a week. The GM denied, saying working 40-60 hrs is "expected". Thoughts?

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How do you feel about leaving a company shortly after joining?

I've been told by people to not be loyal to companies & I've seen posts in forums where people have talked about leaving workplace 1, at workplace 2 for like 3 weeks, and already interviewing for workplace 3 (and the recruiter for workplace 3 doesn't even know that the person has left workplace 1). That feels a little disingenuous and...bad etiquette maybe? What do you think?

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Discrimination question. I’ve been passed for several job opportunities in the last 4 years. Every single time the job is given to a male who’s older than me, despite my qualifications being more in line with the job. Is it worth it to make a discrimination claim? I already know HR won’t help me but should I contact an attorney?

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