While reading more about Jimmy Dunne’s ethical decisions, I came upon a man named David Miller who wrote a book called God at Work. In this book, Miller comes up with four different ways that he thinks people go about integrating faith and work which he calls The Integration Box. The four categories include ethics, experience, enrichment, and expression, with most people having the natural likelihood to fall into one or the other. Miller later goes onto say that, in his opinion, Dunne falls into the ethics category. “Ethical actors integrate faith and work through attention to personal virtue, business ethics, and to broader questions of social and economic justice,” writes Miller in his book God at Work. “Their understanding of faith instructs them to accent ethics and righteous living as informed by …show more content…
In the first ten years of his career on Wall Street, Dunne held a wide variety of positions that he had no idea would lead him to where he is today. He is currently Senior Managing Principal of Sandler O’Neill and head of the firm’s Executive Committee. Jimmy Dunne is responsible for the company’s long-term strategy and growth. Under his leadership, Sandler O’Neill has improved in fixed income, capital market, investment banking, research, equity sales, trading, and mortgage finance. “I learned later that Jimmy Dunne was more committed to his work than anyone I’d ever known. Thrust into a role he had never expected and had never prepared for — not just to lead Sandler O’Neill, but to save it — he embraced his task with an unnerving intensity,” says Joe Nocera. His first year on Wall street, 1978, Dunne started out working for L.F. Rothschild’s Bank Service Group and then soon went on to work at Lehman Brothers in 1982. Years later in 1986, Dunne became a part of Bear Stearns’ Financial Services Group where he acted as an advisor. In 1988, Dunne joined the Sandler O’Neill team which he has now been with for 28 years and
The purpose of this paper is to show that Revelational Christian Ethics is a viable metaethical approach to Business. This ethical theory is a prescriptive and a concrete expression of objective reality. It exemplifies the core values and teachings of Jesus Christ as the foundation of morality and guiding principles for ethical conduct, treatment of others, as well corporate leadership decisions that affect the environment, community, and economics.
God’s Double Agent: The True Story of a Chinese Christian’s Fight for Freedom is a Christian biography in which former underground Chinese Christian pastor Bob Fu details his life and the moral atrocities that occur in Communist China.
First and foremost, it is common knowledge that spirituality champions for good morals, equity, respect for human dignity, ethics and equality among all members of the human race. It is the above virtues that facilitate harmony and peaceful coexistence of human beings in all our day to day interactions. Reinhold, from his studies conducted in one of Detroit’s big automobile factories, noted numerous conflicts between Christian ideals and the realities that were in the industry. Surprisingly enough, Edward Earle conducted a research on twelve of America’s major corporations and urged all Americans to emulate them, a totally different thought from what
“Business ethics is the application of general ethical ideas to business behavior” (Lawrence & Weber, 2017, p. 94) and it’s through these ideas that good, bad, moral, and immoral decisions are made based on the foundation and framework of how we view life. For this reason, our moral compass when based on a biblical worldview should influence how we approach making decisions as it pertains to business ethics (Porter,2013).
Dyck and Neubert (2012) defined ethics as "[A] set of principles or moral standards that differentiate right from wrong". It is a way of determining the morality of any action. It is important that managers adhere to ethical principles that will guide them in making appropriate and ethical decisions for the company. Thus, Roger Berg, being Vice-President of Planning at The Lake Corporation plays a significant role in the company in ensuring that decisions are made without tarnishing management ethics. He must face and weather through the challenges caused by other sources that could put him in ethical dilemma situations and push him to render management decisions violating ethics.
In Iris Murdoch’s ‘Morality and Religion”, she discusses the balance between the conscious morality of human nature and the connection between a supernatural being of religious beliefs. Murdoch writes on the topic of virtue, if there can only be one true concept of it, or if there are multiple ideas or beliefs that create it. Murdoch then goes to discuss the difference between virtue and duty, which ultimately comes down to three types: virtue ethics, duty ethics, and pragmatic ethics. When she speaks of morality, she questions if good behavior has any part of religious idealism or if a nonreligious being could foster just as good behavior. Then leading into the feeling of guilt and if morality relates to it. Finishing her passage in the thought of whether religion is moral in nature and if high morality is essentially religion.
Jonathan Edwards’ memorable sermon, “Sinners in the Hands of an Angry God”, was first delivered in 1741 in Enfield, Connecticut during the peak of New England’s first Great Awakening. When he delivered this sermon with horrid descriptions of hell, the congregation listened. It left a dramatic effect on the listeners leaving them weeping, and some even considering suicide! Jonathan Edwards conveyed his message to turn their lives back to religion and repent to their god by his use of tone, emotional appeal, and imagery.
Putnam Investments faced difficulties in 2003 when it became a target of scrutiny investigation, because the firm was involved in the issues of market timing and late trading. By then, Lawrence Lasser had been the CEO of Putnam for almost 17 years. The culture of the company was built around hierarchy, individual achievement, and aggressive, sales-driven growth . Lasser’s daily small actions did affect the culture of the company and gradually the weak culture led to the difficulties faced by the firm in 2003. One of the most representative examples is the investment philosophy under Lasser’s leadership. Lasser focused on the short-term financial returns and immediate requisition of new customers. Employees were encouraged to do whatever
According to this framework ethical/unethical decisions are controlled/moderated by three independent variables, which are individual factors, significant others in an organizational setting, and opportunity for action. According to Ferrell & Gresham the three variables can be further categorized into individual and organizational contingencies. Individual factors like attitudes, knowledge, values, and intentions are assumed to be interacting with organizational factors, such as significant others and opportunity factors to influence an individual involved in an ethical/unethical dilemma. In the following paragraphs we will analyze how these individual as well as organizational factors interplayed in Courtland Kelley’s situation at GM.
The significant finding from this article is that the world of finance is a very strange world. This world can offer opportunities to many, and at the same time, it can prove to be a mess for the others. Many people are not corrupt in their person, but by being negligent or by being careless, they fail at doing their duty successfully at some points in time. However, what the article talks about is the complete picture. Steven A Cohen faced a problem. He got entangled in an enormous financial mess.
E. F Hutton as a broker and assistant manager, but when that firm merged with Shearson-
By Kohlberg’s (1969) stages of cognitive moral development (SoCMD) cited in Crane and Matten (2010, p.154) Gabriel Resources, just like most businesses, operate at a conventional level which implies that employees are searching for guidance from superiors through various cues (Treviňo and Nelson 2007 cited in Crane and Matten, p.153) which further emphasizes the fact that the decision relies on the superiors of the organisation. Taking this into account, the author considers
Alexander Hill’s Christian Ethics for the Marketplace in my view point focuses on ethics as it relates to business which also includes the Christian element. Hill outlines the scripturally grounded ethical structure of holiness, justice, and love for business practices. Hill also connects his Christian ethic to the dominant methods of ethical practice in the world of business. Lastly, Hill uses the analysis of case studies in lieu of his proposed Christian ethic. Although questions in regards to ethical behaviors remain conclusively unanswered, several find ethical structure valuable when dealing with difficult situations.
David Fletcher is a portfolio manager with many years of experience and success under his belt. He currently is a limited partner managing an Emerging Growth Fund for Jenkins Fletcher Partnership or JFP. The company was small when David started and consisted of a CEO, Paul Jenkins, CFO, 2 financial assistance, 4 research analyses, 1 research assistant and a receptionist. David first started with JFP he hired an Administrative Assistance, Whitney to help organize his calendar, contact companies and take messages, etc. Whitney proved to be capable and eager to learn. Under David’s guidance she received her MBA and
Blunt thought that NYL had a chance to sell a very large volume of immediate annuities through the roughly 500,000 independent and company-based investment advisors in the United States who helped people manage their retirement assets. To do this, he wanted to make a multimillion-dollar investment in people and resources to try to convince these investment advisors to sell NYL’s immediate annuities.