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The latter shows a company’s efforts to enhance society rather than degrade it, and includes environmental impacts, ethical responsibility, philanthropic endeavors, and financial responsibilities.
After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...
Ethics violations, safety issues, security issues, a lack of sustainability, poor quality, and lack of or unethical innovation can all cause reputational damage if they become known. [ 2 ] Reputational damage can result from an adverse or potentially criminal event, regardless of whether the company is directly responsible for said event (as ...
Transparency International has warned that a country with a clean CPI score may still be linked to corruption internationally. For example, while Sweden had the 3rd best CPI score in 2015, one of its state-owned companies, TeliaSonera, was facing allegations of bribery in Uzbekistan. [27]
Not being paid well enough, followed by little opportunity for a raise or promotion. 24/7 Wall St. looked at publicly traded companies with over 300 reviews on Glassdoor, and found the lowest of ...
Companies that suffered significant declines in the reputation rankings include Best Buy , Honda , Kraft Foods , Microsoft , and J.C. Penney . Photo Credit: Getty Images Show comments
Goldman Sachs Tower at 30 Hudson Street in Jersey City.. Goldman Sachs, an investment bank, has been the subject of controversies.The company has been criticized for lack of ethical standards, [1] [2] working with dictatorial regimes, [3] close relationships with the U.S. federal government via a "revolving door" of former employees, [4] and driving up prices of commodities through futures ...
The Reputation Institute recently ranked companies according to the public's perception in seven key areas -- and one classic watch brand tops the list. The world's top 10 companies, ranked by ...