Articles on business ethics

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Bone-marrow transplants to treat leukaemia are one of the miniscule number of stem-cell treatments that have a strong evidence base. from shutterstock.com

What Australia needs to do to protect consumers from untested stem-cell treatments

Australians clinics are offering stem-cell-based anti-ageing and cosmetic therapies that have not been clinically tested. Here's what we need to do to ensure consumers don't get ripped off, or worse.
Farm workers tend to a tobacco crop in Zimbabwe in 2014. The push to establish a business and human rights treaty is fraught with problems. Reuter/Philimon Bulawayo

Why we need to tread carefully in drawing up human rights rules for business

Traditionally human rights are viewed as being indivisible, interdependent and interrelated. The notion that a company may need to choose which human rights it will protect is antithetical.
He’s having a laugh: Jack Ma with the NYSE traders. Justin Lane/EPA

Alibaba feeding frenzy shows how little we have learnt

Greed is still good. Wall Street has just witnessed its largest ever stock market launch as Chinese internet giant Alibaba raised some $25 billion and watched its share price rise by 35% on its first day’s…
Diwali celebrations in the City of London. everheardofaspacebar

Bankers should look eastwards for ethical guidance

The crash of 2008 revealed an ethical crisis in banking, one of our most powerful and critical industries. To encourage bankers to clean up their act, proposals including caps on bankers bonuses, better…
Self-interest and greed drive the decision-making of too many of the professional classes who most influential global policies. www.shutterstock.com

Want ethical responses to a world of trouble? Focus on character

We read a lot these days about corruption, self-interest and personal tragedies. The latest report from the Intergovernmental Panel on Climate Change for the first time explicitly considers climate change…
Barry O'Farrell has resigned after acknowledging that his denial to ICAC of receiving expensive wine, was incorrect. AAP Image/Dan Himbrechts

O’Farrell fell short of basic standards in business and public life

It is tragic that New South Wales has lost an able and dedicated Premier apparently over a bottle of wine, even if it is a $3000 bottle of 1959 Penfolds Grange. Many will be sad to see Barry O’Farrell…

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