Showing posts with label Board responsibility. Show all posts
Showing posts with label Board responsibility. Show all posts

Sunday, November 20, 2016

Retired NBA commissioner David Stern went off about cheating and ethics; Quartz, 11/19/16

Oliver Staley, Quartz; Retired NBA commissioner David Stern went off about cheating and ethics:
"Cheating and ethical lapses are pervasive, from soccer stars evading taxes and state-sanctioned doping in the Olympics, to companies giving lip-service to social responsibility while gouging customers, Stern said Nov. 18 at a forum about business ethics and leadership hosted by Columbia Business School...
“It’s too easy,” he said. “Every company has a head of corporate responsibility, you form a foundation, you give all your employees Friday off to do charity, blah, blah, blah. Then you fix prices at a business association meeting.”
He took aim at Facebook, which said it has misreported how many people view its ads, and allowed the spread of fake news on its platform. The directors of venture-capital backed companies need to speak up, he said. “Where are the boards?” he said."