KPMG Study Shows Company Bosses Increasingly Commit Fraud (vis Ethics Sage)

The invaluable Ethics Sage has a new article.

I, in particular, like this paragraph -

I find it astonishing that corporate fraud continues to increase and top management is leading the way. The increase in the FRP statistic seems to bear out the spread of the cancer that has been attacking the capitalistic system during the past 20 years or so. Remember the “Greed is Good” mantra in Wall Street? Well it’s instructive to look at the entire quote by Gordon Gekko: “The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated…The  point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the            essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the uoward surge of mankind.”

I won’t spoil the article by revealing more. But I promise you if you subscribe and favorite the Ethics Sage, you will have little cause for regret and many reasons to be pleased with your good judgment.

James Pilant

#Sustainability of Values alone would esnure profits. My reply (via Jayaribcm’s Blog)

This is a post from one of web buddies. I am pleased to have the opportunity to put up his blog posts.

James Pilant

What’s “New” About Creating Shared Value?  05 Apr 2011 – by Michael Sadowski: This is an interesting post http://bit.ly/h5z2YL on Sustainability I give below my reply to the nice article from Michael that raises a number of basic issues. Michael, very valid points raised. Thanks. I would like to take you back to the days before ISO 9000 was introduced. In arriving at the harmonization of standards the Cecchini Committee had deliberated in detail … Read More

via Jayaribcm’s Blog