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Ethisphere Magazine Features

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2008 Government Contractor Ethics Rankings

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Hey Bill, What Were You Waiting For?

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Ethics & Compliance Makeover: Can a Bad Code of Conduct be Saved?

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Global Compliance: South Africa

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If Ethics Isn’t Everywhere, It’s Nowhere

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How Nike is Changing The World, One Factory At a Time

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Bribery’s Broken Windows

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Big Shot CEO’s EthiGear Selection Q1 - 2008

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Speak Now Or…

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50 Codes of Conduct Benchmarked Q1 - 2008

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Strictly Business: Marks & Spencer’s 100-Point Plan A

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Q4 Corrections

  • Page 22: Influential Person #28, Mark Parker, was unintentionally referenced as "Knight"
  • Page 25: Under #84, Leslie Gaines-Ross' name was incorrectly spelled Lesley Gaines-Ross
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Milton Friedman (Economist and Nobel Laureate)

December 11, 2007

Milton Friedman

Friedman, by virtue of dying in late 2006, was still causing chatter and influence in 2007- primarily due to his oft-cited quote: “Few trends could so thoroughly undermine the very foundations of our free society as the acceptance of corporate officials of a social responsibility other than to make as much money for their stockholders as possible.” Hey, it’s a great quote but how many people realize that it’s from 1962! Friedman got a lot of things right, but even he admitted that he was often wrong, too. He also frequently stated that free markets have been shown to solve social and political problems that other systems have failed to address adequately. Perhaps that is exactly what the CSR movement is doing today!

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