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A Promise to Be Ethical in an Era of Immorality

When a new crop of future business leaders graduates from the Harvard Business School next week, many of them will be taking a new oath that says, in effect, greed is not good.
When a new crop of future business leaders graduates from the Harvard Business School next week, many of them will be taking a new oath that says, in effect, greed is not good. Nearly 20 percent of the graduating class have signed “The M.B.A. Oath,” a voluntary student-led pledge that the goal of a business manager is to “serve the greater good.” It promises that Harvard M.B.A.’s will act responsibly, ethically and refrain from advancing their “own narrow ambitions” at the expense of others. What happened to making money? That, of course, is still at the heart of the Harvard curriculum. But at Harvard and other top business schools, there has been an explosion of interest in ethics courses and in student activities — clubs, lectures, conferences — about personal and corporate responsibility and on how to view business as more than a money-making enterprise, but part of a large social community.
traders car insurance “We want to stand florida homeowners insurance quotes up and recite something out loud with our class,” dental insurance nj said Teal Carlock, who is graduating from Harvard and new jersey home insurance has accepted a job at Genentech. “Fingers are now pointed at M.B.A.’s and we, as a class, have a real opportunity to come together and set a standard as business leaders.” At Columbia aa car insurance quotes Business School, all lawyers mutual insurance company motorcycle rental insurance students must pledge to an honor code: “As a lifelong member of the Columbia Business School community, I adhere mortgage insurance cover auto farm insurance to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.” The code has been in place for about three car cheapest insurance quote years and came flower mound insurance about after discussions instant travel insurance between students and faculty. In the post-Enron american classic car insurance and dental insurance programs post-Madoff era, the issue of ethics car cheap in insurance toronto and corporate social responsibility south florida title insurance has taken on greater urgency among car insurance no claims bonus students about to graduate. While this might easily cheap mg car insurance be dismissed as insurance auto auctions a passing fancy — or simply classic car insurance cover a defensive reaction to the egg car insurance current mental health insurance coverage business environment — permanent health insurance business school professors say car insurance in Baltimore that pet insurance toronto is not the case. Rather, they say, they are seeing casualty insurance claims a generational shift away from viewing an pet insurance texas M.B.A. as simply an on-ramp to the auto insurance in San Antonio road to riches. Those graduating today, they say, are far more concerned about how corporations renters insurance comparison affect the community, the lives of its workers and the environment. And mobile phone insurance online business schools are responding with more courses, new centers specializing in business canadian automobile insurance quotes price comparison car insurance ethics liability insurance online and, mgic insurance in the case after the event insurance of Harvard, student-lead efforts to bring about a professional code of conduct for M.B.A.’s, not classic auto insurance unlike oaths that are taken rv dealer insurance by lawyers and doctors. “I don’t see this as something that will fade vision insurance florida away,” said Diana C. Robertson, a professor of antitrust insurance business house insurance search ethics at children s health insurance program the Wharton principal mutual life insurance mini cooper insurance dental insurance tx School of import motorcycle insurance the University of irish car insurance companies Pennsylvania. “It’s coming from the students. I don’t know that we’ve seen such a surge in this activism since title insurance cost the 1960s. car cis insurance This activism is different, but, like that time, it is student-driven.” A decade ago, Wharton had one or two professors who california auto insurance laws taught a required ethics old line life insurance class. Today there are seven teaching low auto insurance rate an array of ethics classes individual dental insurance maryland that Ms. Robertson car insurance quotes northern ireland car churchill insurance said were among the most popular at long term care insurance consumer the school. Since fiduciary insurance 1997, it has had the Zicklin Center for dram insurance Business Ethics Research. In addition, over presidents choice car insurance the last five years, students have formed student contents insurance clubs around the issues of ethics that sponsor compare commercial insurance conferences, work on microfinance projects low cost mobile phone insurance in Philadelphia or engage in social impact consulting. “It’s been a dramatic change,” Ms. Robertson added. cencal insurance “This marine cargo insurance generation was raised learning about the environment and raised with the idea of home insurance san antonio a social package insurance conscience. That does not apply to every student. But this year’s financial crisis and the windstorm insurance downturn debt insurance have brought about a greater e&l wedding insurance emphasis on car endsleigh insurance tourist health insurance cruise insurance social ethics home insurance in IL and responsibility.” At Harvard, about 160 from a coast auto insurance graduating class of about low cost life insurance ontario auto insurance company car insurance companies ontario 800 have signed “The michigan car insurance dental insurance san antonio M.B.A. Oath,” which its student advocates contend is the first step in insurance abstract trying to develop a professional travelers auto insurance code not jackson national insurance unlike the Hippocratic Oath for physicians insurance mexican car or the pledge taken by lawyers to non owned auto insurance uphold the law and Constitution. Part flight cancellation insurance of this has emerged by the beating that Wall Street signature dental insurance lawyers professional liability insurance and financiers have car glass insurance taken in pennsylvania renters insurance the current economic crisis, which can set the stage car insurance low cost for auto insurance leads reform, horse trailer insurance Harvard students say. “There is the instant homeowners insurance quote feeling that we want fraud auto insurance our lives to mean something more and co op car insurance to wells auto insurance european health insurance run organizations for the greater good,” said Max Anderson, renters insurance toronto one fema flood insurance of the pledge’s organizers annual family insurance travel uk who is about to leave Harvard free auto insurance quote canada and buildings insurance subsidence toyota car insurance take a job nj title insurance at Bridgewater Associates, a dental insurance in Louisiana money management firm. “No one wants to have single parent travel insurance their future criticized as a place filled with unethical behaviors,” comprehensive car insurance he added. bajaj health insurance “We want to dog home owner insurance car insurance in Vancouver learn from those mistakes, do things differently and accept our duty to lead responsibly. Realistically, we nj manufacturers car insurance have tremendous potential to affect society malaysia travel insurance discount life insurance for better or contents insurance checklist worse. Let’s humbly step up. We are looking out for our own interest, but also for the interest of our rover car insurance employees and the insurance car direct california home insurance quote broader arizona car insurance rate insurance medical pacificare short term car insurance cover public.” Bruce Kogut, director of the Sanford C. combined liability insurance pet insurance horse Bernstein & Company Center for purchase dental insurance Leadership and Ethics at Columbia, columbus car insurance said that guaranteed issue life insurance this emphasis did not mean that genworth financial insurance students were necessarily going to shun jobs that horse farm insurance paid well. Rather, they business insurance services will think about dental georgia insurance plan how they earn their income, not maryland renters insurance just how much. At Columbia, an ethics course is required, but dental health insurance plan students have also formed a popular “Leadership business liability insurance uk and Ethics Board,” that sponsors lectures with topics like “The jewellry insurance Marie anchor general insurance Antoinettes of Corporate types of life insurance policies America.” “The courses make people aware that the financial crisis is auto insurance new jersey not a technical blip,” Mr. oklahoma small business health insurance Kogut said. “We’re seeing a generational change child term life insurance that understands that family dental plan insurance poverty is not just about Africa and India. combined life insurance company They see inequities and the role of business to address them.” Dalia Rahman, who is about to tennessee dental insurance leave cat c insurance claim auto insurance bodily injury Harvard for motorcycle insurance ireland a job with Goldman Sachs in London, said she signed the military dental insurance pledge average cost of homeowners insurance commercial general insurance because “it takes what we learned in class and makes it more concrete. When you national flood insurance policy have to auto insurance claims adjuster acceptance car insurance make a western insurance public veterinary pet insurance car insurance company ontario vow, it’s lenders title insurance a way pip car insurance to commit to uphold principles.”

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