Trust Digest 31 (December 3, 2013)


‘Tis the season for retail deception

When it comes to retail, ’tis the season of artifice and deception. The retailers offer fake discounts via phony markdowns, and the news media breathlessly covers shopping as if it were an Olympic event. The Wall Street Journal calls it “retail theater” through which “bargains will be a carefully engineered illusion.”

Key Words: Retail Theater, Engineered Illusion

Trust Issues: Integrity, Ethics

  

Transparency International looks at global corruption levels

Transparency International has released its 2013 Corruption Perceptions Index, which sees the usual suspects doing badly. But it also reveals differing approaches to graft in what seem to be similar eurozone nations.

Key Words: Corruption

Trust Issues: Integrity, Ethics, Transparency

  

Germany's Reputation Takes a Hit

In two weeks, Bettina Wulff will testify in the trial of her estranged husband, Christian Wulff, the former president of Germany who stands accused of taking bribes. The hearing is the latest in a long line of embarrassing incidents that casts doubt on whether leaders of the most powerful nation in the European Union are as honest as they claim to be.

Key Words: Reputation, Corruption, Revolving Door

Trust Issues: Integrity, Ethics

  

Corruption Scandal Hits One of China’s Top Universities

Renmin University of China, in Beijing, one of the leading centers of higher learning in the country, conferred its first degrees this year in a new graduate program in combating corruption. Future classes now have a case study close to home to draw from. This week, the head of the university’s student admissions office was accused of trying to flee the country after he came under investigation in a corruption case involving hundreds of millions of renminbi, according to Chinese news reports.

Key Words: Corruption, Reputation

Trust Issues: Ethics, Integrity, Accountability, Responsibility

 

The Downside of Corporate Social Responsibility

The road to hell, they say, is paved with good intentions.  So too, apparently, is the road to corporate wrongdoing. At least that’s the conclusion to be drawn from a new study that asks what happens when companies (and their CEOs) engage in socially responsible behavior (and posturing). Short answer: Firms that are focused on pursuing a socially responsible agenda are more likely than other businesses to behave in a socially irresponsible ways.

Key Words: Corporate Social Irresponsibility (CSiR), CEO Moral Identity

Trust Issues: Integrity, Ethics


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