The Bangladesh Factory Collapse: A Case for Intervention and Policy Change

March 20th, 2014 by Kara in Case Studies

By Edward Henniker-Major   On April 24, 2013, an industrial building containing five factories collapsed in Savar, near Dhaka, the capital of Bangladesh.  More than 1,100 people, predominately young women producing garments for export to western retailers, were killed in South Asia’s worst industrial accident since the Bhopal disaster of 1984. Yet, there is much disagreement on what changes, if any, the garment industry should implement to improve work conditions. The industry is vital to the Bangladeshi economy and some commentators believe regulation that demands improvements may damage its competitiveness and slacken economic ...

An interview with John R. Boatright

March 7th, 2014 by Kara in Ethics 101

  Professor Boatright recently published the third edition of his book, Ethics in Finance (Wiley Blackwell). We speak with him about his book and about financial ethics. Seven Pillars Institute: Why did you write this book? John R. Boatright:  Although finance occupies a prominent place in business—both as an industry unto itself and as a function within all companies—it was at the time I began writing and continues to this day to be largely neglected in business ethics teaching and research. The reasons are many but include a lack of familiarity with finance ...