An excellent article in the Globe and Mail Newspaper highlights one of the most useful business ethics case studies in recent history. Barry McKenna writes on September 25, 2015:
“The folks who think business ethics are an oxymoron are probably saying “I told you so,” right about now. …German auto maker Volkswagen AG admits that it rigged as many as 11 million diesel vehicles to fudge emission tests, apparently turning a blind eye to the environmental and health effects.
For all the talk about corporate responsibility, integrity and putting customers first, some companies are still willing to roll the ethical dice when profits are on the line. It’s bad enough that executives at Turing and Volkswagen apparently saw nothing wrong with behaviour that most reasonable people find abhorrent. They also betrayed their own corporate values.”
Do you think the world is waking up to the importance of ethics and appreciating that ethics and profits are closely intertwined?
