Trust and Verify Artificial Intelligence systems can obscure the data in a way that creates biased information depending on the human values of those who enter the data from its source. For example, an algorithm developed from mortgage loan data might include a variable for the expectation of homeowners’ repayment... Read more →

Actions Constitute an Act Discreditable to the Profession On May 18, 2020, the Securities and Exchange Commission (SEC) announced settled charges against three former KPMG LLP audit partners for improperly sharing answers to internal training exams. The exams were administered to determine whether its audit professionals understood certain accounting and... Read more →

Tone at the Top Defines Ethical Culture What would you do if you discovered that a superior was engaged in inappropriate conduct? Beyond matters that deal with sexual harassment and other forms of discrimination that should be reported to the Human Resources Department, employees sometimes uncover fraudulent financial practices and... Read more →

The Search For a Purpose-Driven Corporation Last week I blogged about the social responsibilities of corporations and what their purpose should be. Today, I look at those obligations from the point of view of millennials. But first, here’s a brief summary of last week’s blog. Social Responsibilities of Business The... Read more →

Should a Company (or person) Be Defined By Their Worst Act? Every time I walk into the local branch of Wells Fargo Bank I wonder whether I should change banks simply because of the massive fraud committed by Wells Fargo that was made public in 2016. I thought about last... Read more →

Product Safety Scandals Keep On Coming How can we explain the extent of recent corporate wrongdoing that raises the question: Where were the top officials? Just in the past few years we learned of fictitious accounts set up for customers at Wells Fargo and adding costs to the products sold... Read more →

Blog by Pepperdine University student Victoria Dong This week I will post five blogs from students at Pepperdine University. Professor Carolyn Galantine assigned students to choose a blog and post comments. I appreciate students' inclusion of my blog in their responses. This is blog # 2. Last week at Happy... Read more →

Ethics & Compliance Initiative 2018 GBES Survey Results The Ethics & Compliance Initiative (ECI) recently issued its 2018 Global Business Ethics Survey (GBES) that reports on the impact that an ethics and compliance (E&C) can have in the workplace with respect building a sound, ethical culture in organizations. A strong... Read more →

Elder Fraud is a Growing Problem There are countless seniors today who play a vital role in the workforce. Unfortunately, there are many aging myths out there that suggest seniors are unable to work as well, as hard or as often as younger adults. These myths are not only completely... Read more →

Here's Why Dodd-Frank Worker Retaliation Protections Have Been Turned on its Head Thinking about blowing the whistle on wrongdoing at your organization? Well, you need to read on because the U.S. Supreme Court ruling on February 21, 2018 in the case Digital Realty Trust, Inc. v. Somers changes the rules... Read more →