October
  2004


ABOUT US

The Edmund Rice Business Ethics Initiative, launched in 1991, exists to promote a conversation between business and the community on values and ethics: promoting life humanly in our businesses, our communities, our planet. It aims to create a space where these issues can be discussed and researched in mutually supportive ways. It seems to promote better communication for the sake of better outcomes for us all.

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The community goes to the Bank
Dissatisfaction with escalating fees, lack of client service and regional branch closures has led to growing defections from the big banks to community Banks and Credit Unions.

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Women In Business
The 2004 Census of Women in Leadership by the Equal Opportunity for Women in the Workplace Agency (EOWA) reveal that women comprise 10.2% of executive management positions, 2.3% of CEO’s and 1.1% of Chairs in the top 200 public companies. This is in contrast to the promotion of women in other fields, such as university vice-chancellors (25%), Federal and state politicians (28.6%) and managerial and professional positions (44.4%).

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Business School Professors write to President Bush
“Some degree of inequality is inherent in any free market economy, creating positive incentives for economic and technological advancement. But when inequality becomes extreme, it can be socially corrosive and economically dysfunctional.”



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At the movies: “The Corporation” and “Outfoxed”
Two recent documentaries are receiving excellent reviews, perhaps reflecting growing public interest in the corporate sector’s effects on international society as well as local communities.

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A Case to Codify “Business Ethics”
It appears that many funds managers use different definitions as to what constitutes an “ethical investment” and private fund advisers structure funds to match the potentially different ethical aspirations of their clients. While such arrangements are satisfactory where all players involved are fully informed, the lack of a clear definition is misleading to the “mug punter”.
Peter Walsh

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  Gerry Gleeson
» CA Lunch Series - Feed you mind
··The community goes to the Bank
··Women In Business
··Business School Professors write to President Bush
··At the movies: “The Corporation” and “Outfoxed”
··A Case to Codify “Business Ethics”
This newsletter is a publication of the Edmund Rice Centre and the Trustees of the Christian Brothers. While all reasonable attempts have been taken to ensure that the information in this newsletter is correct and that opinions and points of view are in accordance with the purpose of the Business Ethics Initiative, the Edmund Rice Centre and the Trustees of the Christian Brothers do not guarantee its accuracy nor should anything contained in the newsletter be treated as professional advice. The Edmund Rice Centre and the Trustees of the Christian Brothers do not necessarily endorse or recommend any opinions, individuals or organisations which are linked to, or mentioned in, this newsletter.