Saturday 30 May 2009
Venice. Vegas: Based on a True Story.
posted by: Currentmedia in Media on 05 30th, 2009 | | No Comments »
Venice. Vegas: Based on a True Story.

“This no-budget, digitally shot parable from Iran-born writer-director Amir Naderi has a long fuse and a tragic payoff,” writes Time’’s Richard Corliss.

“Disdaining dramatic filigree, Naderi reveals the consuming obsessiveness of addiction, as Eddie [Mark Greenfield] pursues the American dream of prospecting for gold in his own backyard. If you have ever shared that dream, that disease, [Vegas: Based on a True Story] could bore into your gut.”

By:  dwhudson                        Source

Monday 18 May 2009
Corporate ethics and law
posted by: Currentmedia in Media on 05 18th, 2009 | | No Comments »
Corporate ethics and law

More than two years ago, I did a blog entry on the difference between ethics and morality. Moral decisions, around issues like theft and corruption, are absolutes regardless of time or culture. They are just wrong, wherever they happen. Ethical decisions on the other hand are underpinned by rules and codes of behavior.

This might explain why there is a mismatch between the law and corporate ethics. According to Boston College Law School's Kent Greenfield it can only be addressed by changing the law itself, and aligning it better with ethics.

In his paper Corporate Ethics in a Devilish System, Greenfield talks about what we see happening all the time: companies behaving unethically but perfectly within the bounds of the law. "In essence, a corporation should consider the cost of illegality as the penalty, fine or other costs discounted by the chance of the exposure of the corporation's illegality. The law, in other words, merely imposes a price for illegal behavior. If the corporation is willing to pay, then no problem with illegality."

So to claim that ethics merely means complying with the rules is limited. Indeed, limited liability which is the cornerstone of corporate law and which is the reason why businesses choose to incorporate is inconsistent with the ethical norm of taking responsibility for one's own actions.

He argues that this means changing the law and rules of governance where companies would be required to give stakeholders who don't own stock - like for example employees and communities - to make their views heard and part of the firm's governance. "Bringing the views of non-shareholder stakeholders into the governance of the firm would not only make it more likely that the corporation will consider broadly the impacts of its decisions, it also will - because shareholders tend to have a very short time horizon - necessarily cause the firm to take a longer term view of its decisions and strategies. Such inclusion will also cause corporations to internalize more the costs of their decisions. In addition, the law should require corporations to tell the truth not only to shareholders and consumers, but employees as well."

By:  leon                        Source

Tuesday 5 May 2009
APPRENTICE RECAP: The Rivers Wil
posted by: Currentmedia in Media on 05 5th, 2009 | | No Comments »
APPRENTICE RECAP:  The Rivers Wil

So how about that Apprentice? If you didn”t see it, watch it. Or at least watch the video clip at the end of this post. Explosive might be an understatement. I”m not even going to bother with an intro. I”m just gonna get right into the recap….

By:  B-Side                        Source