Fraud is not an ethical dilemma: Avoiding scams like the Wells Fargo fake accounts

When the Wells Fargo fake accounts scandal—two million unauthorized accounts created for clients by bank employees under an unrealistic incentive scheme—erupted earlier this fall,...

Why business people should be honest

In my years of teaching ethics to business students, I must have heard it all when it comes to justifying deception and lying in...

Leonardo DiCaprio, climate change and “corporate greed”

The World Economic Forum (WEF) in Davos has again attracted politicians, environmental activists, and celebrities to pontificate about how to save the world—of which...

New Year’s wishes: more reason and freedom

I can’t make resolutions to increase long-term success and prosperity for business, but I can identify their requirements: more reason and freedom. Many of...

What selfishness requires: lessons from Volkswagen

To say that there is a lot of confusion about selfishness is an understatement. Last week I wrote about Volkswagen’s emissions rigging and argued...

Pragmatism is impractical—why does it rule in business?

Pragmatism—compromising principles to achieve goals—is prevalent not just among politicians (think of President Obama’s nuclear deal with Iran). It is also a common hazard...

Kudos to Exxon CEO for not appeasing climate alarmists

Exxon’s Rex Tillerson is my current CEO hero: unlike his peers, he refuses to appease the climate change alarmists who attack the Big Oil....

Pragmatism: A perilous approach to business

If you think that the best approach to business is to be pragmatic, think again. Pragmatism is widely considered a virtue in business, but...

Lesson from Brian Williams’ dishonesty: Faking is futile—and hazardous

I am not writing to attack the lying NBC news anchor Brian Williams, although his fictional story about being in a helicopter that was...

Tax avoidance, productiveness, and employee cheating

In a recent column in Canada’s Globe & Mail, my colleague Loren Falkenberg discusses “unintentional” and “benevolent” cheating by employees and offers advice for...