Business ethics: Is it a priority for corporate America?

Article Abstract:

America's major corporations are making progress in the ethical conduct of their business, as demonstrated by the inclusion of ethics in management training programs, written codes of conduct, etc. However, recent public opinion polls are inconclusive, and the 1985 Opinion Research Corp. survey indicated that large companies and their executives rank low in public confidence and trust. Moreover, most people do not understand the corporate world and exaggerate corporate profits. Although the public opposes government regulation, it does not trust businesses to regulate themselves. For American business to obtain more economic freedom, the public must be convinced of the corporate world's integrity. By the middle 1970s, approximately 75 percent of Fortune 500 companies had adopted written codes of ethics, probably as a response to the Watergate hearings, according to a survey by the Ethics Resource Center. Management support of ethical standards might also reduce labor-management problems.

Usage, Behavior, Ethical aspects, Executives, Ethics, Business ethics, Businessmen, Corporate corruption

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Segment reporting in Indian business: the corporate view

Article Abstract:

The growth of diversified enterprises in India means that investors' informational needs are no longer satisfied by that nation's financial reporting conventions. A survey of 255 private and public sector firms in India demonstrates business attitudes toward segment reporting in that nation. Results of this survey, illustrated in tables, indicate that diversified companies should respect the wishes of the Indian investor by publishing segment information in annual reports, even though the Indian Companies Act does not require such disclosures.

Laws, regulations and rules, Reports, India, Corporation reports, Company reports, Line of business reporting, Corporations, Indian

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Sowing new seeds for corporate responsibility

Article Abstract:

Corporate responsibility covers many areas of social concern, including public welfare, unemployment, product integrity, plant safety, and environmental protection. Due to a poor U.S. educational system, many high school graduates do not have the basic skills in math or science to prepare themselves properly for high-tech employment. There are currently about 35 million people who are living in poverty in the U.S. and there are over 9 million Americans without jobs. Corporations must invest in programs that will help to eliminate social ills.

Social aspects, Planning, Corporate culture, Organizational behavior

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