March
  2007
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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Fincorp: yet another failure
On March 26, Fincorp announced that it was voluntarily handing over to receivers, Kordamentha. After its preliminary investigations into the reported tangled web of finances, Kordamentha warned that between $100 and $150 million owed to 7800 investors may never be recovered. Are we just failing to learn the lessons or do we just have to get used to it?

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A different business model

Over the past 15 years, Ricardo Semler transformed his family's small engineering firm into an international success using a very unusual business model. The company, SEMCO, has grown in that time from a few hundred employees with a turnover of $400million pa to over 5000 turning over $1 billion.

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The James Hardie saga may be over, almost!
The deal has finally been brokered between James Hardie and asbestosis victims' groups, the Unions and the NSW Government with agreement from the Federal Government to allow the payments from James Hardie to the Asbestos Injuries Compensation Fund (AICF) to be tax deductible. But there is still a sting in the tail.

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MBA Mindset: Old Dogs New Tricks?

Attracta Lagan asks if MBA training is actually making it harder for graduates to be ethical.
Attracta Lagan

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  Roger Mackell
» Edmund Rice Business Ethics Initiative invites....
» Fair trade fiesta
··Fincorp: yet another failure
··A different business model
··The James Hardie saga may be over, almost!
··MBA Mindset: Old Dogs New Tricks?
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.