Sunday, February 8, 2009

Ethics -CEO's

After watching Satyam Computers saga, we all have a different questions in mind....
whether we judge of un-judge the situation this video raised important ethical question for all CEOs.
This video was selected as the winner of the World Economic Forum and YouTube's "Davos Debates" program, at youtube.com/davos - see more videos and submit your own, and keep an eye this week as the leaders at Davos respond to your videos.

t is a good video, but it is not realistic enough. An international code of ethics is too idealistic. Some cultures think it is ethical to bribe, extortion, etc. Perhaps, it is time to restructure who the stakeholders of a company are; involve the community in business decisions. Look at the European model. It is about time Wall Street investors stop idolizing certain stocks -- look what happened with Enron.

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