Bank CEO’s are paid too much: TD Bank CEO admits

Posted by & filed under Compensation & Benefits, Ethics, Human Resource Management.

Description: Toronto-Dominion’s outgoing CEO, Ed Clark, admits that bank chief executives are paid too much. There is a growing spread between average incomes and what senior executives are paid at the bank. Source: CBC Date: October , 2014 Video Link: http://www.cbc.ca/news/business/td-ceo-ed-clark-i-m-paid-too-much-so-i-give-back-1.2818836 Questions for Discussion: Do bank chief executives deserve such high salaries? Why or Why… Read more »

Canada Improves its Record on Bribery in Foreign Markets

Posted by & filed under Environment, Ethics, Social Responsibility, Video Report.

Description: According to Transparency International, Canada has improved its record in combating corruption and bribery among Canadian companies that operate in foreign markets. Source: CBC Date: October 23, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2568579479/ Questions for Discussion: Why is it important that Canada should more actively enforce its rules on combating corruption by its companies in foreign… Read more »

“Guilt Tipping”

Posted by & filed under Ethics, Individual Behavior, Innovation/Creativity, Technology, Video Report.

Description: Technology has made it easier for people to tip. Starbucks will soon allow customers to leave a tip using a mobile app. It is almost impossible today for customers to forget to tip. Source: CBC Date: March 13, 2014 Link: http://www.cbc.ca/player/News/Business/ID/2441753660/ Questions for Discussion: According to Bruce Sellery, what is “Guilt Tipping”? How has… Read more »

JPMorgan fined $1.7 billion

Posted by & filed under Conflict, Control, Ethics, Human Resource Management, Social Responsibility, Video Report.

Description: The U.S. government seems to be coming hard on Wall Street. In a recent judgment, the U.S. justice fined JPMorgan $1.7 billion for failing to inform the authorities over Bernard Madoff’s Ponzi scheme.                                 Source: CBC Date: Jan 10, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2429428298/ Questions for Discussion: Should JPMorgan be held responsible and fined… Read more »

Swiss to vote on CEO pay

Posted by & filed under Compensation & Benefits, Ethics, Leadership, Social Responsibility, Video Report.

Description: Switzerland goes to vote on capping CEO pay to 12 times the pay received by the lowest paid employee in the company. The reasoning behind this referendum is to maintain some level of parity among the highest and the lowest earners in the country. Source: CBC Date: Nov. 21, 2013 Video Link:  http://www.cbc.ca/player/News/Business/ID/2419872290/ Questions… Read more »

Major North American Retailers Refuse to Sign Bangladesh Safety Accord

Posted by & filed under Ethics, Global Management, Social Responsibility.

Description: In the wake of the recent tragedy at a factory in Bangladesh that killed more than 1000 workers, a new Bangladesh safety accord was set-up. While a large number of European retailers signed the accord, several large North American retailers, such as Wal-Mart and Gap Inc., abstained from signing the accord. Source: The Huffington… Read more »

Canadian CEOs among top bank earners

Posted by & filed under Compensation & Benefits, Ethics, Social Responsibility, Video Report.

Description: The top earning banker earns nearly $26 million. CEOs of several Canadian banks are ranked among the top bank earners in North America with salaries ranging between $7 million to $15 million. Source: CBC Date: May 29 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2388467779/ Questions for Discussion: Do you agree that no one except shareholders have a… Read more »

Barrick Gold Corp’s continuing problems with their Chile project

Posted by & filed under Conflict, Environment, Ethics, Global Management, Operations Management, Social Responsibility, Strategy.

Description: Chile files serious violations against Toronto-based Barrick Gold Corporation (world’s largest gold miner) dealing a blow to their Pascua-Lama mine project. The Pascua-Lama mine is believed to house nearly 18 million ounces of gold reserves. Source: The Globe and Mail Date: May 24 2013 Text link:  http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chile-freezes-barricks-pascua-lama-orders-urgent-measures/article12129034/ Questions for Discussion: What are some of… Read more »

Passengers bypassing Canadian airports

Posted by & filed under Environment, Ethics, Global Management, Social Responsibility, Video Report.

Description: An estimated five million Canadians hop the border every year to catch their flights from U.S. airports. By driving a few extra hours to U.S. airports, Canadian passengers save thousands of dollars. Source: CBC Date: May 03 2013 Video link:  http://www.cbc.ca/player/News/Business/ID/2383198577/ Questions for Discussion: Should Canadians be flying out of U.S. airports given that… Read more »

Loblaw on Bangladesh

Posted by & filed under Communication, Decision Making, Environment, Ethics, Global Management, Leadership, Social Responsibility, Strategy, Video Report.

Description: Following the tragic collapse of a garment factory in Bangladesh, Loblaw decided to compensate the families of the victims and to continue their operations in the country. They also stressed that they will increasingly audit the working conditions at their outsourced factories. Source: CBC Date: May 02 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2382985825/?page=2 Questions for Discussion:… Read more »