This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
To foster a culture of ethical leadership, boards should: Establish Clear Ethical Guidelines: These should outline expectations around conflicts of interest, legal compliance, and responsible decision-making. This includes making decisions that reflect the organization’s values and promote transparency and accountability.
While this dual role can lead to conflicts of interest, it offers significant advantages, making it a common practice. Larger, older companies and those with high stock-market returns also preferred separation, likely due to their complexity. This is the situation for chief legal officers (CLOs) at many publicly traded U.S.
Insurance executives face unique challenges and opportunities with emerging technologies, including AI, evolving regulatory environments, and global economic uncertainties. This includes understanding market trends, anticipating risks, and crafting effective risk management strategies.
Decision markets are increasingly common to help weed out the best decisions, but they are still dwarfed by decisions made via committees or other adhoc groups. However, the researchers find that people can learn to trust information markets the more often they use them, thus offering a ray of light. ” Trusting the crowd.
Innovation involves trying out new things, making improvements, and seeing what works in the market. They have less conflict of interest but are not always capable,” the researchers explain. This might be because they don’t need as much advice from their top executives on technology-related issues.
The source of much of this faulty information is client service personnel, who ultimately are not in an objective position to gather and share unbiased feedback, due to factors such as personal client relationships and potential conflicts of interest. Obtain candid, timely ‘voice of the client’ feedback. About the Author.
In their marketing, accounting and auditing firms claim to be full-service business advisors, in order to get business. There was a conflict of interest in alliance with Enron…not objective enough. Overt marketing hype led to an unwatchful marketplace…which always wakes up to the realities of business eventually.
Due to the drop in costs for solar technology and increases in electric utility rates , solar photovoltaic-generated electricity is now less expensive than grid electricity, and adoption is rising rapidly throughout the U.S. To understand why, we have to start by looking at the market for solar. We suggest that a blanket federal U.S.
But in hierarchical, high-power-distance markets like Asia — specifically Hong Kong, Taiwan, and Thailand — this policy created unintended conflicts among leaders and sent confusing signals to the rest of the organization regarding who was more powerful and higher-ranking within the organization. -led
One innovative portfolio-management technique the mission employed was a novel free-market resource-allocation concept drawn from the field of economics. This approach ensured that project resources were properly allocated where they were really needed and minimized conflicts of interest and management overhead.
One innovative portfolio-management technique the mission employed was a novel free-market resource-allocation concept drawn from the field of economics. This approach ensured that project resources were properly allocated where they were really needed and minimized conflicts of interest and management overhead.
In this glowing yet skeptical-in-all-the-right-places article, Jason Fagone introduces readers to the SpeedForm, a shoe made in a bra factory that just might be Under Armour''s best chance at chipping away Nike''s 40% hold on the athletic shoe market. Plank says the shoe is cheap enough to be made in the U.S. —Andrea Ovans.
Changing technology and markets make it impossible to foresee future contingencies. These fences can reduce the potential for conflicts of interest that make managing incomplete contracts so challenging. Here are some of the typical situations that lead to this problem in business partnerships.
The details of the proposed new rules are sure to raise questions about things like fee disclosures and conflicts of interest. Technology can even impact how people feel about their investment returns. Such a debate is unavoidable. That’s a huge improvement from a simple digital fix.
With this week’s in-feed promotion of Internet.org, Facebook crossed the line between promoting general civic engagement and sponsoring citizen communication by supporting a specific company program favorable to its commercial interests. We’re being introduced to a new lever of corporate influence on democracy.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content