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Welcome!
Welcome to the website of The Prudential Business Ethics Center at Rutgers. The center is funded by the Prudential Foundation and staffed by faculty of the Rutgers Business School. Our mission is to help create social as well as financial capital for the business and professional communities of New Jersey and beyond. Our programs have been designed to contribute to the theory and practice of ethics in business and the professions.
More About the Center
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Department of Philosophy at Rutgers-Newark
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News
Forthcoming Conference:
Predatory Lending: Causes, Costs and Consequences
April 2008
Rutgers Ethics Initiative
Final Report Issued
Rutgers Ethics Initiative Launched
to Encourage Ethics Reform Rutgers
Ethics Initiative Poll Results
"Partnering Between The Public and Private Sector
for Good Government: Can We Restore Trust by Ethics Reform?"
Rutgers Ethics Initiative Fellows
Minutes of 10/31 Fellows Meeting
Minutes of
5/24 Organizational Meeting
Minutes of 9/28/06 Fellows Meeting
Minutes of 12/12/06 Meeting
Interviews conducted by Barrie Peterson
Preferred
Reforms by Interviewees ---------------------------------------
The Prudential Business Ethics Center helped two MBA
students attend the Net Impact Conference at the Stanford Graduate School of
Business.
Click here for Anna Marie Sykes's
perspective on the event.
Click here for Marilyn Tracz's
perspective on the event. |
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Recent Events
Tuesday, December 11, 2007
Prudential Lecture:
"UNDERSTANDING FINANCIAL MISREPRESENTATION: Executive Pay, Firm
Performance, and Corporate Governance"
Professor Jared D. Harris, Darden School of business, University of Virginia
Bove Auditorium, Engelhard Hall, Newark
4:00 p.m.
Reception to follow in Esterly Lounge
Financial misrepresentation is a critical ethical problem in the modern
economy, and studies indicate that it is growing in prevalence. What are its
causes, and what are its effects on the firms and stakeholders involved?
Professor Harris will present insights from several related empirical
studies of financial misrepresentation, examining the influences of (and
implications for) firm performance, executive compensation, and corporate
governance practices.
The combined analyses show that:
• the influence of ‘incentive alignment’ runs counter to conventional
academic wisdom and common business practice
• poor performance can spiral into a mutually reinforcing vicious cycle of
unethical behavior
• the symbolic and substantive roles of lauded corporate governance
practices can substantially differ.
This leads to integrative insights about how businesses ought to be managed,
as well as the role of managers, regulators, and academic ethicists in
contributing to better business practice.
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