Three ethical responsibilities of boards

Ethics Institute of South Africa
27 March 2014

Ethics have become a permanent and pronounced feature of corporate governance. This growth in prominence can be traced through the three versions of the King Codes of Governance for South Africa. King III, the latest code, starts with a chapter on “Ethical leadership and corporate citizenship”.

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Corruption is the enemy of innovation: EthicsSA

Ethics Institute of South Africa
1 April 2014

There’s a view that a certain amount of corruption should be tolerated, especially in emerging economies. Such an approach, so the thinking goes, gives officials the opportunity to become entrepreneurial and this in turn stimulates innovation and the market.

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The gap between law and morality is harming South Africa

Ethics Institute of South Africa
15 April 2014

South Africans all agree that we need to create a more moral society, but we rely too heavily on law alone to produce one. This emphasis on law and legality creates a gap that is being exploited by unscrupulous people in both the public and private sectors to act corruptly. At the root of the problem, argues Professor Deon Rossouw, CEO of the Ethics Institute of South Africa (EthicsSA), is the general tendency to assume that law and morality are basically the same thing.

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Elections alone are not the answer; SA citizens should build an ethical society now

Ethics Institute of South Africa
6 May 2014

Widespread acceptance that corruption is now perhaps the major inhibitor of social progress and justice, and a major contributor to escalating social instability, is giving rise to calls for a more ethical society. Even the President, himself facing accusations of unethical conduct, intermittently makes a call for moral regeneration.

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Unethical behaviour has high social and financial costs—for companies and countries alike

Ethics Institute of South Africa
5 June 2014
By Professor Deon Rossouw, CEO of the Ethics Institute of South Africa

In January this year, JP Morgan, the investment bank, reported a fall of 7.3 percent in fourth-quarter earnings, at least in part as a result of the $1.1 billion in after-tax income it had to pay in legal expenses. These expenses included settlements regarding its failure to report suspicions about the viability of funds administered by Ponzi fraudster, Bernard Madoff. 

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Capitalists themselves in search of a new economic model

Ethics Institute of South Africa
7 July 2014
By Professor Deon Rossouw, CEO, Ethics Institute of South Africa

I have previously written about capitalism’s crisis of legitimacy in the wake of Marikana. The recently ended strike in the platinum sector further underlined some of the fault lines in the structure of our economy. And although the strike is now over, its long-term effects on the miners and the industry itself have yet to become apparent.

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Nkandla: Flaws in Executive Code of Ethics need urgent attention

Ethics Institute of South Africa
25 July 2014

President Zuma’s failure to meet the deadline for presenting his response to the Public Protector’s Nkandla report, demonstrates the urgent need to fix the existing Code of Ethics for national and provincial cabinet ministers and their deputies.

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Is your organisation ethical? Seven questions you should be asking

Ethics Institute of South Africa
1 July 2014

Most organisations within the public and private sectors accept that they need to be ethical in order to improve performance, build trust with stakeholders and achieve long-term success. But many of them struggle to integrate ethics into the way they do business—especially when nobody is watching.

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Africans indentify seven strategies for promoting ethics and corporate responsibility

Four ethical priorities for South Africa in 2013

Media Release
EthicsSA
21 January 2013

Few South Africans would argue with the view that our country is at a crossroads, with a set of interrelated challenges threatening to undermine the social fabric of our democracy. “To put the country back on track for a prosperous future and fulfil the promises of our transition, we need to focus on four key areas,” says Deon Rossouw, CEO of the Ethics Institute of South Africa (EthicsSA).

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Moral regeneration has to be an inside job

Opinion Piece
EthicsSA
14 February 2013

There’s no doubt that South Africans are finally waking up to the fact that we need to reset our nation’s moral compass. Just let’s be clear: this is not something that we can outsource to the state. The buck stops with communities.
By Deon Rossouw, CEO, the Ethics Institute of South Africa

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