This document discusses the history and standards of corporate social responsibility (CSR) and sustainability reporting. It notes that while financial reporting standards are regulated, CSR reporting remains optional and lacks standardized guidelines. The development of CSR reporting was influenced by large-scale environmental disasters that increased demands for corporate transparency. Global standards like the Global Reporting Initiative framework aim to standardize and verify CSR disclosures, but challenges remain regarding inconsistent reporting practices across companies.
Privacy Breaches In Canada It.Can May 1 2009canadianlawyer
This document summarizes three key questions an organization faces after suffering a privacy breach:
1. Do they have to tell anyone about the breach? Laws in Canada currently only explicitly require notification for health information breaches in Ontario, but notification requirements are developing quickly in other areas.
2. What should they do about the breach? Organizations should investigate the breach, secure any compromised systems or information, and consider notifying affected individuals.
3. Can they be liable for the breach? Laws allow for potential liability, though the extent depends on factors like an organization's security measures and response to the breach. Overall liability in this area is still developing.
Discussion No.IIFirst Question You have just been hired by an.docxmadlynplamondon
Discussion No.II
First Question: You have just been hired by an accounting firm that focuses on fraud investigation. You first task is to gather evidence about suspected embezzlement by the accounting manager. What evidence would you gather to prove embezzlement and how would you gather that evidence? Keep in mind this case will probable go to trial. Be sure to provide examples to back up your opinion and use authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc).
My answer : When conducting an investigation on an accounting embezzlement, it is important to capture the right and accurate information. This ensures that should it end up in court, it can be proven beyond reasonable doubt. In such a situation it is essential for the investigator to adequately prepare and plan on how they will conduct a sober investigation, gather strong evidence, and conclude the whole process without any conflicts arising. It is essential that at the end, the evidence and reports presented to court are credible to ensure the company can actually prove that the accounting manager is indeed guilty. Overall, one must be keen on the type of information to gather as evidence and how to actually collect this evidence.
One of the information is evaluating profits and expenses in financial statements to be able to establish how revenues are generated and expenses incurred. It is possible that the manager could have cooked the books. This is prohibited by SEC because artificial inflation of sales can mislead investors ( Baugher, 2016). Second, is bank and credit card statements which indicate banking and payments made to vendors. Credit card fraud has been increasing leading to loss of billions of dollars from credit card companies, merchants and consumers (Barker et al., 2008). Third, inventory records can reveal a wealth of information in case there are any pilferages which do not reconcile with company’s revenues.
As an investigator, there are a number of ways to gather the evidence. One of them is conducting a background check. This helps to reveal if the suspect has any hidden assets and financial sources. One can rely on jurisdiction real property records including deeds, liens and other documents without need for a subpoena (RSMUS LLP, 2018). Secondly, one can assess the critical documents such as bank statement, financial statements, tax returns, invoices, general ledgers and journals. Thirdly, one needs to interview witnesses including employees, vendors and even customers. They might have evidence of any fraudulent activities by the manager. Fourthly, one can evaluate other records such as phone records, travel records and even mileage reports.
Second Question: (this is the one that I need u to answer)
You mention looking at phone and travel records in this case. What exactly would you be looking for to prove embezzlement in this case?
Discussion No.I
First Que ...
This document is the prepared statement of the Federal Trade Commission (FTC) on safeguarding consumers' financial data before the Senate Committee on Banking, Housing, & Urban Affairs Subcommittee on National Security & International Trade & Finance. It discusses the FTC's efforts to promote data security through law enforcement actions against companies that fail to protect consumer information, consumer education initiatives, and calls for legislation to strengthen its authority to regulate data security standards and require breach notification. The FTC has settled 50 cases against companies for unreasonable data security practices and works to educate businesses and consumers on maintaining reasonable data protections.
This document is a comment submitted to the Pennsylvania Human Relations Commission in support of criminal background checks in employment. It argues that such checks help employers make informed hiring decisions, protect vulnerable groups, and reduce criminal recidivism. It also argues that failing to conduct background checks increases employers' risk of negligent hiring lawsuits, as courts increasingly find employers liable for harm caused by employees with criminal histories that could have been discovered. Several examples of large negligent hiring lawsuits are provided to support this point. The comment urges the PHRC to endorse broader employer use and access to criminal records for employment screening.
1) The document discusses whether physicians are considered "creditors" under the Fair Credit Reporting Act and therefore subject to the Identity Theft Red Flags Rule.
2) It examines the definitions of "creditor" and "credit" in the Equal Credit Opportunity Act, on which the FCRA definition is based, and concludes that professionals who regularly bill clients for services after rendering them, such as physicians, are creditors.
3) It also notes that federal agencies and courts have interpreted the terms broadly, and that excluding physicians would require explicit action from Congress.
What explains why certain services were covered and others were not .docxajoy21
This document contains questions about various healthcare topics and a passage about the HIPAA Privacy Rule, which established the first national standards for protecting private health information. It discusses what protected health information is and the deadline for covered entities to comply with the Privacy Rule. It also contains passages about public health practices using protected health information and ERISA rules that medical providers can use to challenge health insurance claim denials.
Privacy Breaches In Canada It.Can May 1 2009canadianlawyer
This document summarizes three key questions an organization faces after suffering a privacy breach:
1. Do they have to tell anyone about the breach? Laws in Canada currently only explicitly require notification for health information breaches in Ontario, but notification requirements are developing quickly in other areas.
2. What should they do about the breach? Organizations should investigate the breach, secure any compromised systems or information, and consider notifying affected individuals.
3. Can they be liable for the breach? Laws allow for potential liability, though the extent depends on factors like an organization's security measures and response to the breach. Overall liability in this area is still developing.
Discussion No.IIFirst Question You have just been hired by an.docxmadlynplamondon
Discussion No.II
First Question: You have just been hired by an accounting firm that focuses on fraud investigation. You first task is to gather evidence about suspected embezzlement by the accounting manager. What evidence would you gather to prove embezzlement and how would you gather that evidence? Keep in mind this case will probable go to trial. Be sure to provide examples to back up your opinion and use authoritative sources (including peer reviewed articles from the library, Fraud Examiners Manual, etc).
My answer : When conducting an investigation on an accounting embezzlement, it is important to capture the right and accurate information. This ensures that should it end up in court, it can be proven beyond reasonable doubt. In such a situation it is essential for the investigator to adequately prepare and plan on how they will conduct a sober investigation, gather strong evidence, and conclude the whole process without any conflicts arising. It is essential that at the end, the evidence and reports presented to court are credible to ensure the company can actually prove that the accounting manager is indeed guilty. Overall, one must be keen on the type of information to gather as evidence and how to actually collect this evidence.
One of the information is evaluating profits and expenses in financial statements to be able to establish how revenues are generated and expenses incurred. It is possible that the manager could have cooked the books. This is prohibited by SEC because artificial inflation of sales can mislead investors ( Baugher, 2016). Second, is bank and credit card statements which indicate banking and payments made to vendors. Credit card fraud has been increasing leading to loss of billions of dollars from credit card companies, merchants and consumers (Barker et al., 2008). Third, inventory records can reveal a wealth of information in case there are any pilferages which do not reconcile with company’s revenues.
As an investigator, there are a number of ways to gather the evidence. One of them is conducting a background check. This helps to reveal if the suspect has any hidden assets and financial sources. One can rely on jurisdiction real property records including deeds, liens and other documents without need for a subpoena (RSMUS LLP, 2018). Secondly, one can assess the critical documents such as bank statement, financial statements, tax returns, invoices, general ledgers and journals. Thirdly, one needs to interview witnesses including employees, vendors and even customers. They might have evidence of any fraudulent activities by the manager. Fourthly, one can evaluate other records such as phone records, travel records and even mileage reports.
Second Question: (this is the one that I need u to answer)
You mention looking at phone and travel records in this case. What exactly would you be looking for to prove embezzlement in this case?
Discussion No.I
First Que ...
This document is the prepared statement of the Federal Trade Commission (FTC) on safeguarding consumers' financial data before the Senate Committee on Banking, Housing, & Urban Affairs Subcommittee on National Security & International Trade & Finance. It discusses the FTC's efforts to promote data security through law enforcement actions against companies that fail to protect consumer information, consumer education initiatives, and calls for legislation to strengthen its authority to regulate data security standards and require breach notification. The FTC has settled 50 cases against companies for unreasonable data security practices and works to educate businesses and consumers on maintaining reasonable data protections.
This document is a comment submitted to the Pennsylvania Human Relations Commission in support of criminal background checks in employment. It argues that such checks help employers make informed hiring decisions, protect vulnerable groups, and reduce criminal recidivism. It also argues that failing to conduct background checks increases employers' risk of negligent hiring lawsuits, as courts increasingly find employers liable for harm caused by employees with criminal histories that could have been discovered. Several examples of large negligent hiring lawsuits are provided to support this point. The comment urges the PHRC to endorse broader employer use and access to criminal records for employment screening.
1) The document discusses whether physicians are considered "creditors" under the Fair Credit Reporting Act and therefore subject to the Identity Theft Red Flags Rule.
2) It examines the definitions of "creditor" and "credit" in the Equal Credit Opportunity Act, on which the FCRA definition is based, and concludes that professionals who regularly bill clients for services after rendering them, such as physicians, are creditors.
3) It also notes that federal agencies and courts have interpreted the terms broadly, and that excluding physicians would require explicit action from Congress.
What explains why certain services were covered and others were not .docxajoy21
This document contains questions about various healthcare topics and a passage about the HIPAA Privacy Rule, which established the first national standards for protecting private health information. It discusses what protected health information is and the deadline for covered entities to comply with the Privacy Rule. It also contains passages about public health practices using protected health information and ERISA rules that medical providers can use to challenge health insurance claim denials.
The document provides an overview of changes to HIPAA regulations under the HITECH Act. It discusses how HITECH increased penalties for violations, expanded the definition of business associates to directly regulate them, and established new breach notification rules requiring notification for breaches of unsecured protected health information. It also summarizes some examples of HIPAA violation cases and settlements to illustrate the types of breaches that have occurred and how organizations can work to be compliant.
Protecting Patient Information - Feds Find Security Lapses in State and Local...Patton Boggs LLP
This document summarizes two recent announcements from the Department of Health and Human Services highlighting the need for state and local governments to regularly review their policies and procedures for protecting patient health information. An audit found serious cybersecurity lapses in 10 state Medicaid systems, including lack of security plans, encryption of laptops, and disaster recovery testing. Additionally, Skagit County, Washington agreed to a $215,000 settlement for exposing patient information on a public server in violation of privacy and security rules. Both announcements emphasize the importance of risk assessments, administrative and technical safeguards, and compliance with health information privacy laws.
Apa format450 words1 biblical integration34 minutes agoaman341480
The document discusses how health care reform and the Affordable Care Act (ACA) rely on health information technology (HIT) and electronic medical records. It outlines the goals of the ACA to make affordable insurance available to more people and support innovative care delivery methods. HIT helps track standardization of insurance coverage and facilitates telehealth. Chief knowledge officers and HIPAA compliance officers ensure proper documentation and privacy of patient information. Overall, HIT plays a key role in implementing the ACA and improving quality of care.
All levels of society rely upon information technology systems. Network operations are pervasive and impact nearly every aspect of our society. The desire of companies to collect, use, store, and secure information about customers, employees, and other individuals is a requirement of the new economy. It is no wonder that the prevalence of electronic communications and a growing dependency on cyber structures and operations also create potential vulnerabilities to cyberattacks. It is critical to preserve information systems and address and prevent weaknesses in cyber protection efforts. This webinar examines the means for companies to reach data goals ethically, efficiently and legally. The panel will also discuss the evolving regulatory approaches of the European Union, United States Federal government and significant developments in U.S. state regimes, including California. Best practices and model comprehensive privacy and cybersecurity policies are discussed. And, data breach response and related litigation, including class action litigation issues and fiduciary duty violations under corporate law, are discussed.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/data-privacy-compliance-2021/
This document provides an overview and compliance guidance for covered entities regarding the HIPAA Final Omnibus Rule. It outlines key changes to the HIPAA Privacy, Security, and Breach Notification Rules. It also provides a checklist for covered entities to develop compliance strategies and update policies, procedures, risk assessments, training programs, and notices by the September 2013 deadline. The document is intended to help covered entities understand requirements and avoid penalties for noncompliance.
Data breach events result in significant losses each year. Our partners at Bonahoom & Bobilya, LLC, created a presentation about understanding the hidden regulatory risks of a data breach so you can keep your company from going out of business.
This presentation has been shared with permission.
Cost of Data Breah in Healthcare_Quinlan, Courtneycourtneyquinlan
This document discusses the high costs of data breaches in the healthcare industry. It notes that the rise of electronic health records has led to more data theft opportunities. Data breaches can result in identity theft and fraudulent charges against patients. They also cost organizations millions to respond to. The document examines the financial costs of data breaches to both individuals and organizations. It then discusses strategies organizations can take to prevent data breaches, such as encrypting data, training employees, and developing a formal security plan.
250-500 words APA format cite references Check this scenario out.docxjeanettehully
250-500 words APA format cite references
Check this scenario out. Long term care can consists of servicing patients need at a patient's home, providing meals, transportation and in home therapy. Some long term care is within the home and some can be rehab. Lets say there is a growing need to extend those services to our growing need in elderly population. Part of that need is a demand for servicing the increasing population of the Hispanic community. We as a team need to meet with a cross- functional management team that can relay the need and services outside of the facility. We need hired people who are bilingual that can work the call center, deliver food, offer in home therapy, and provide transportation.
Our audience will be the new management team. Each member of the coordination of care team of management will cover or be responsible for one of those areas. Our standpoint will be that we are the board of directors that would be talking with them.
Giving the above screnario my part of assignment is to come up with strategies of the transition and what methods may be needed?
.
2 DQ’s need to be answers with Zero plagiarism and 250 word count fo.docxjeanettehully
2 DQ’s need to be answers with Zero plagiarism and 250 word count for each question. Due in 6 hours TODAY! Please include all references if necessary.
Week One DQ1
Week One DQ3
To clarify... these ratios are part of the DuPont model, and the DuPont model considers liquidity as one of the factors to be evaluated, but at the end of the day, the DuPont model is all about return on equity... basically getting your money's worth. Given that, what are the elements of liquidity and how do they lead us into the discussion on equity? Why is this important to understand?
.
270w3Respond to the followingStress can be the root cause of ps.docxjeanettehully
270w3
Respond to the following:
Stress can be the root cause of psychological disorders. Name four symptoms shared by acute and posttraumatic stress disorders.
What life events are most likely to trigger a stress disorder?
Traumatic events do not always result in a diagnosable
PSYCHOLOGICAL
disorder. What factors determine how a person may be affected by one such event?
What is the link between
PERSONALITY
styles and heart disease?
List and briefly describe four psychological treatments for physical disorders.
.
250 word response. Chicago Style citingAccording to Kluver, what.docxjeanettehully
250 word response. Chicago Style citing
According to Kluver, what are the ramifications of technology and globalization on global communication?
Compare Kluver’s arguments with endangered languages, and with the readings about the Digital Divide. How do they compare? From these readings, what are the general trends of communication?
Readings
Jandt, Fred E. (editor) Intercultural Communication: A Global Reader. Thousand Oaks, CA: Sage. 2004
“Globalization, Informatization, and Intercultural Communication,” Kluver, Jandt pages 425-437
“Part II: Language,” Introduction, Jandt pages 99-102
“Babel Revisited,” Mühlhäusler, Jandt pages 103-107
“Africa: The Power of Speech,” Bâ, Jandt pages 108-111
http://en.wikipedia.org/wiki/Digital_divide
http://www.endangeredlanguages.com/
.
250+ Words – Strategic Intelligence CollectionChoose one of th.docxjeanettehully
The Collection Management function oversees intelligence gathering to support strategic analysis. At the CIA, analysts are separated from the intelligence collectors, so some question if this model is effective. Strategic intelligence collection uses methods aimed at supporting strategic analysis, with strategic meaning long-term and focused on understanding adversaries and their capabilities.
2–3 pages; APA formatDetailsThere are several steps to take w.docxjeanettehully
2–3 pages; APA format
Details:
There are several steps to take when submitting a claim form to the insurance company for reimbursement. The result of a
clean claim
is proper reimbursement for the services the facility has provided.
In this assignment, you will be addressing the claims submission process and the follow-up.
Include the following in your submission:
List all of the information that is important before the claim can be submitted.
Discuss some of the reasons why a claim may be rejected.
What steps should be taken to check the claim status?
.
250 Word Resoponse. Chicago Style Citing.According to Kluver, .docxjeanettehully
Kluver argues that technology and globalization are leading to increased global communication but also threaten endangered languages. This compares to readings on the digital divide showing unequal access to technology, and endangered language articles demonstrating languages disappearing. Overall, trends point to more connected communication worldwide but also loss of local languages and cultural diversity as dominant languages and technologies spread.
250 word mini essay question.Textbook is Getlein, Mark. Living wi.docxjeanettehully
250 word mini essay question.
Textbook is: Getlein, Mark. Living with Art, 9th Ed., New York: McGraw-Hill, 2010.
Please Cite in MLA format.
1. Distinguish between the Paleolithic and Neolithic Periods in terms of time and cultural developments.
2. Compare and contrast specific examples of artifacts, practices, and systems of belief.
3.Discuss why art survives or does not. Include the four reasons Getlein cites for how art survives, giving an example of art work from both the Paleolithic and Neolithic Periods that meet one of these requirements.
4. What types of art work or materials would not likely survive?
5. How might this affect our opinion of a culture?
.
250 word discussion post--today please. Make sure you put in the dq .docxjeanettehully
250 word discussion post--today please. Make sure you put in the dq that the research paper focused around recent Civil Rights in the Mississppi Area
How do you define Mississippi?
In your post, identify your thesis and the sources you used to prove your argument. Discuss how you came to define Mississippi and what conclusions you made about the state. Make sure to point out the general areas of History that you discuss and what events, people, or ideas were especially important to your interpretation of Mississippi History. What readings, from Bond, Busbee, or another source you found, profoundly influenced your view of the state? Overall, has your view of Mississippi changed or mostly stayed the same? What can we learn about Mississippi today from your paper? Is Mississippi as a "closed society" (Silver, 1964) an accurate way to look at the state? Has this been true at some point in the past, but is no longer true? What time period is most crucial to understanding Mississippi and best defines it?
Some examples of different periods in Mississippi History are:
pre-European Mississippi
colonial Mississippi
territorial Mississippi
antebellum Mississippi
Civil War/Reconstruction Mississippi
Jim Crow Mississippi
Mississippi during the Civil Rights Movement
Post Civil Rights Mississippi
.
2By 2015, projections indicate that the largest category of househ.docxjeanettehully
2
By 2015, projections indicate that the largest category of households will be composed of
·
[removed]
childless married couples and empty nesters
·
[removed]
married couples with children
·
[removed]
single-parent families
·
[removed]
singles living with nonrelatives
3
Which of the following elements of sociocultural environment can be associated with the growing demand for social surrogates like social networking sites, television, and so on?
·
[removed]
Views of nature
·
[removed]
Views of others
·
[removed]
Views of ourselves
·
[removed]
Views of organizations
Wabash Bank would like to understand if there is a relationship between the advertising or promotion it does and the number of new customers the bank gets each quarter. What type of research is this an example of?
·
[removed]
Secondary
·
[removed]
Exploratory
·
[removed]
Causal
·
[removed]
Qualitative
5
Which strategy does this exemplify? Kayak and Orbitz provide their customers with a variety of travel options including flight reservations, vacation packages, flight and hotel options with or without car rentals, and cruise offerings.
·
[removed]
Diversification
·
[removed]
Promotional
·
[removed]
Differentiation
·
[removed]
Focus
A company's sales potential would be equal to market potential when which situations exists?
·
[removed]
The marketing expenditure of the company is reduced to zero.
·
[removed]
The company gets 100 percent share of the market.
·
[removed]
Industry marketing expenditures approach infinity for a given marketing environment.
·
[removed]
The market is nonexpandable.
Marketing is considered both an art and a science. How do the 4Ps, or marketing mix, help us bridge the gap between art and science?
·
[removed]
Marketing focuses on sales as the primary goal.
·
[removed]
Marketing is involved with price as the major factor.
·
[removed]
Marketing is about advertising.
·
[removed]
Marketing balances the need for data with that of creativity.
In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because
·
[removed]
of steady supply of loanable funds in the economy during recession
·
[removed]
consumer borrowing increases during recession
·
[removed]
of stringent credit policies adopted by the Fed before the onset of recession
·
[removed]
the consumers have a high debt-to-income ratio
Which of the following statements demonstrates behavioral loyalty towards a brand?
·
[removed]
Myfavorite Laundry detergent is so easy to use.
·
[removed]
I always buy Myfavorite Laundry detergent when purchasing laundry detergent.
·
[removed]
My friends agree Myfavorite Laundry detergent is the best.
·
[removed]
Myfavorite Laundry detergent smells good.
When Apple introduced iTunes, a new market was opened. Which of the following describes this type of innovation?
·
[removed]
Operational excellence
·
[removed]
Value capture
·
[removed]
Presence
·
[removed]
Value chain
11
Which of.
29Answer[removed] That is the house whe.docxjeanettehully
29
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
The doctor examined a man whose hands were colder than the rest of
his body.
30
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
Mrs. Carnack has a cousin whom she would like us to meet.
31
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
Who was the person who won the track meet?
32
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
The restaurant where there was music was almost deserted.
33
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
Find a boy whose eyes are green.
34
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
The tale that was told that night was never forgotten.
35
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose..
250 words discussion not an assignementThe purpose of this discuss.docxjeanettehully
250 words discussion not an assignement
The purpose of this discussion is to gain a more complete awareness of the extent of socio-environmental influences impacting the development of adolescents. Triandis (as cited in Coon and Kemmelmeier, 2001) states, "Individualism and collectivism are broadly defined cultural syndromes that encompass a number of elements, including values, norms, goals, and behaviors" (Coon and Kemmelmeier, 2001, p. 348).
Consider the audio piece in this unit's studies (also linked in the Resources) that compares two teens' viewpoints of life within their cultural domains. This piece highlights the impact of family, community, and cultural beliefs and values on an individual's development. For your initial post in this discussion, explore these influences by addressing the following questions:
How does exposure to media influence the manner in which adolescents develop?
How does exposure to peers influence development in both systems?
Using the reading from the textbook on risky behaviors, how might adolescents' influences and understanding of risk be different, based on their culture and expectations of self?
The optional reading in this unit's studies may provide additional information to support your post, if you choose to use it.
Response Guidelines
Respond to one learner by supporting his or her analysis of the two teens with additional information you have acquired outside of the textbook. Cite and reference your source with proper APA formatting. Be sure to address concepts in the post and find any similarities in your thinking as well.
Reference
Coon, H. M., Kemmelmeier, M. (2001). Cultural orientations in the United States: (Re)Examining differences among ethnic groups.
Journal of Cross-Cultural Psychology, 32
(3), 348–364. Thousand Oaks, CA: Sage.
.
25. For each of the transactions listed below, indicate whether it.docxjeanettehully
25. For each of the transactions listed below, indicate whether it is an operating (O), investing (I) or financing (F) activity on the statement of cash flows. Also, indicate if the transaction increases (+) or decreases (-) cash. 12 points
Transaction Type of Activity Effect on Cash
A) Paid dividends to the owners
B) Purchased equipment by paying cash
C) Issued stock for cash
D) Paid wages to employees
E) Repaid the bank loan
F) Collected cash on account from customers
.
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This presentation has been shared with permission.
Cost of Data Breah in Healthcare_Quinlan, Courtneycourtneyquinlan
This document discusses the high costs of data breaches in the healthcare industry. It notes that the rise of electronic health records has led to more data theft opportunities. Data breaches can result in identity theft and fraudulent charges against patients. They also cost organizations millions to respond to. The document examines the financial costs of data breaches to both individuals and organizations. It then discusses strategies organizations can take to prevent data breaches, such as encrypting data, training employees, and developing a formal security plan.
Similar to Running Head HEALTHCARE INFORMATICS AND PATIENT CARE12HE.docx (8)
250-500 words APA format cite references Check this scenario out.docxjeanettehully
250-500 words APA format cite references
Check this scenario out. Long term care can consists of servicing patients need at a patient's home, providing meals, transportation and in home therapy. Some long term care is within the home and some can be rehab. Lets say there is a growing need to extend those services to our growing need in elderly population. Part of that need is a demand for servicing the increasing population of the Hispanic community. We as a team need to meet with a cross- functional management team that can relay the need and services outside of the facility. We need hired people who are bilingual that can work the call center, deliver food, offer in home therapy, and provide transportation.
Our audience will be the new management team. Each member of the coordination of care team of management will cover or be responsible for one of those areas. Our standpoint will be that we are the board of directors that would be talking with them.
Giving the above screnario my part of assignment is to come up with strategies of the transition and what methods may be needed?
.
2 DQ’s need to be answers with Zero plagiarism and 250 word count fo.docxjeanettehully
2 DQ’s need to be answers with Zero plagiarism and 250 word count for each question. Due in 6 hours TODAY! Please include all references if necessary.
Week One DQ1
Week One DQ3
To clarify... these ratios are part of the DuPont model, and the DuPont model considers liquidity as one of the factors to be evaluated, but at the end of the day, the DuPont model is all about return on equity... basically getting your money's worth. Given that, what are the elements of liquidity and how do they lead us into the discussion on equity? Why is this important to understand?
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270w3Respond to the followingStress can be the root cause of ps.docxjeanettehully
270w3
Respond to the following:
Stress can be the root cause of psychological disorders. Name four symptoms shared by acute and posttraumatic stress disorders.
What life events are most likely to trigger a stress disorder?
Traumatic events do not always result in a diagnosable
PSYCHOLOGICAL
disorder. What factors determine how a person may be affected by one such event?
What is the link between
PERSONALITY
styles and heart disease?
List and briefly describe four psychological treatments for physical disorders.
.
250 word response. Chicago Style citingAccording to Kluver, what.docxjeanettehully
250 word response. Chicago Style citing
According to Kluver, what are the ramifications of technology and globalization on global communication?
Compare Kluver’s arguments with endangered languages, and with the readings about the Digital Divide. How do they compare? From these readings, what are the general trends of communication?
Readings
Jandt, Fred E. (editor) Intercultural Communication: A Global Reader. Thousand Oaks, CA: Sage. 2004
“Globalization, Informatization, and Intercultural Communication,” Kluver, Jandt pages 425-437
“Part II: Language,” Introduction, Jandt pages 99-102
“Babel Revisited,” Mühlhäusler, Jandt pages 103-107
“Africa: The Power of Speech,” Bâ, Jandt pages 108-111
http://en.wikipedia.org/wiki/Digital_divide
http://www.endangeredlanguages.com/
.
250+ Words – Strategic Intelligence CollectionChoose one of th.docxjeanettehully
The Collection Management function oversees intelligence gathering to support strategic analysis. At the CIA, analysts are separated from the intelligence collectors, so some question if this model is effective. Strategic intelligence collection uses methods aimed at supporting strategic analysis, with strategic meaning long-term and focused on understanding adversaries and their capabilities.
2–3 pages; APA formatDetailsThere are several steps to take w.docxjeanettehully
2–3 pages; APA format
Details:
There are several steps to take when submitting a claim form to the insurance company for reimbursement. The result of a
clean claim
is proper reimbursement for the services the facility has provided.
In this assignment, you will be addressing the claims submission process and the follow-up.
Include the following in your submission:
List all of the information that is important before the claim can be submitted.
Discuss some of the reasons why a claim may be rejected.
What steps should be taken to check the claim status?
.
250 Word Resoponse. Chicago Style Citing.According to Kluver, .docxjeanettehully
Kluver argues that technology and globalization are leading to increased global communication but also threaten endangered languages. This compares to readings on the digital divide showing unequal access to technology, and endangered language articles demonstrating languages disappearing. Overall, trends point to more connected communication worldwide but also loss of local languages and cultural diversity as dominant languages and technologies spread.
250 word mini essay question.Textbook is Getlein, Mark. Living wi.docxjeanettehully
250 word mini essay question.
Textbook is: Getlein, Mark. Living with Art, 9th Ed., New York: McGraw-Hill, 2010.
Please Cite in MLA format.
1. Distinguish between the Paleolithic and Neolithic Periods in terms of time and cultural developments.
2. Compare and contrast specific examples of artifacts, practices, and systems of belief.
3.Discuss why art survives or does not. Include the four reasons Getlein cites for how art survives, giving an example of art work from both the Paleolithic and Neolithic Periods that meet one of these requirements.
4. What types of art work or materials would not likely survive?
5. How might this affect our opinion of a culture?
.
250 word discussion post--today please. Make sure you put in the dq .docxjeanettehully
250 word discussion post--today please. Make sure you put in the dq that the research paper focused around recent Civil Rights in the Mississppi Area
How do you define Mississippi?
In your post, identify your thesis and the sources you used to prove your argument. Discuss how you came to define Mississippi and what conclusions you made about the state. Make sure to point out the general areas of History that you discuss and what events, people, or ideas were especially important to your interpretation of Mississippi History. What readings, from Bond, Busbee, or another source you found, profoundly influenced your view of the state? Overall, has your view of Mississippi changed or mostly stayed the same? What can we learn about Mississippi today from your paper? Is Mississippi as a "closed society" (Silver, 1964) an accurate way to look at the state? Has this been true at some point in the past, but is no longer true? What time period is most crucial to understanding Mississippi and best defines it?
Some examples of different periods in Mississippi History are:
pre-European Mississippi
colonial Mississippi
territorial Mississippi
antebellum Mississippi
Civil War/Reconstruction Mississippi
Jim Crow Mississippi
Mississippi during the Civil Rights Movement
Post Civil Rights Mississippi
.
2By 2015, projections indicate that the largest category of househ.docxjeanettehully
2
By 2015, projections indicate that the largest category of households will be composed of
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childless married couples and empty nesters
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married couples with children
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single-parent families
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singles living with nonrelatives
3
Which of the following elements of sociocultural environment can be associated with the growing demand for social surrogates like social networking sites, television, and so on?
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Views of nature
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Views of others
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Views of ourselves
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Views of organizations
Wabash Bank would like to understand if there is a relationship between the advertising or promotion it does and the number of new customers the bank gets each quarter. What type of research is this an example of?
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Secondary
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Exploratory
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Causal
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Qualitative
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Which strategy does this exemplify? Kayak and Orbitz provide their customers with a variety of travel options including flight reservations, vacation packages, flight and hotel options with or without car rentals, and cruise offerings.
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Diversification
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Promotional
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Differentiation
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Focus
A company's sales potential would be equal to market potential when which situations exists?
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The marketing expenditure of the company is reduced to zero.
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The company gets 100 percent share of the market.
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Industry marketing expenditures approach infinity for a given marketing environment.
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The market is nonexpandable.
Marketing is considered both an art and a science. How do the 4Ps, or marketing mix, help us bridge the gap between art and science?
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Marketing focuses on sales as the primary goal.
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Marketing is involved with price as the major factor.
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Marketing is about advertising.
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Marketing balances the need for data with that of creativity.
In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because
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of steady supply of loanable funds in the economy during recession
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consumer borrowing increases during recession
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of stringent credit policies adopted by the Fed before the onset of recession
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the consumers have a high debt-to-income ratio
Which of the following statements demonstrates behavioral loyalty towards a brand?
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Myfavorite Laundry detergent is so easy to use.
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I always buy Myfavorite Laundry detergent when purchasing laundry detergent.
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My friends agree Myfavorite Laundry detergent is the best.
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Myfavorite Laundry detergent smells good.
When Apple introduced iTunes, a new market was opened. Which of the following describes this type of innovation?
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Operational excellence
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Value capture
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Presence
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Value chain
11
Which of.
29Answer[removed] That is the house whe.docxjeanettehully
29
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
The doctor examined a man whose hands were colder than the rest of
his body.
30
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
Mrs. Carnack has a cousin whom she would like us to meet.
31
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
Who was the person who won the track meet?
32
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
The restaurant where there was music was almost deserted.
33
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
Find a boy whose eyes are green.
34
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose. Type the first word
followed by a space and the last word of the adjective clause in the
following sentence:
The tale that was told that night was never forgotten.
35
Answer:
[removed]
That is the house "where I grew up."
The words in quotes make up an adjective clause. An adjective clause does
what an adjective does: it modifies the noun "house." Adjective clauses
begin with that, which, where, who, whom, or whose..
250 words discussion not an assignementThe purpose of this discuss.docxjeanettehully
250 words discussion not an assignement
The purpose of this discussion is to gain a more complete awareness of the extent of socio-environmental influences impacting the development of adolescents. Triandis (as cited in Coon and Kemmelmeier, 2001) states, "Individualism and collectivism are broadly defined cultural syndromes that encompass a number of elements, including values, norms, goals, and behaviors" (Coon and Kemmelmeier, 2001, p. 348).
Consider the audio piece in this unit's studies (also linked in the Resources) that compares two teens' viewpoints of life within their cultural domains. This piece highlights the impact of family, community, and cultural beliefs and values on an individual's development. For your initial post in this discussion, explore these influences by addressing the following questions:
How does exposure to media influence the manner in which adolescents develop?
How does exposure to peers influence development in both systems?
Using the reading from the textbook on risky behaviors, how might adolescents' influences and understanding of risk be different, based on their culture and expectations of self?
The optional reading in this unit's studies may provide additional information to support your post, if you choose to use it.
Response Guidelines
Respond to one learner by supporting his or her analysis of the two teens with additional information you have acquired outside of the textbook. Cite and reference your source with proper APA formatting. Be sure to address concepts in the post and find any similarities in your thinking as well.
Reference
Coon, H. M., Kemmelmeier, M. (2001). Cultural orientations in the United States: (Re)Examining differences among ethnic groups.
Journal of Cross-Cultural Psychology, 32
(3), 348–364. Thousand Oaks, CA: Sage.
.
25. For each of the transactions listed below, indicate whether it.docxjeanettehully
25. For each of the transactions listed below, indicate whether it is an operating (O), investing (I) or financing (F) activity on the statement of cash flows. Also, indicate if the transaction increases (+) or decreases (-) cash. 12 points
Transaction Type of Activity Effect on Cash
A) Paid dividends to the owners
B) Purchased equipment by paying cash
C) Issued stock for cash
D) Paid wages to employees
E) Repaid the bank loan
F) Collected cash on account from customers
.
250-word minimum. Must use textbook Jandt, Fred E. (editor) Intercu.docxjeanettehully
250-word minimum. Must use textbook: Jandt, Fred E. (editor) Intercultural Communication: A Global Reader. Thousand Oaks, CA: Sage. 2004 and articles provided. MLA citation.
Levi-Strauss and Hofstede portray culture as a dichotomy. What are the implications of such a dichotomy? How do these variants affect you when you attempt to communicate with other cultures? Likewise, how do these variants affect your audience when you attempt to communicate with them?
.
250-500 words APA format cite references Check this scenario o.docxjeanettehully
250-500 words APA format cite references
Check this scenario out. Long term care can consists of servicing patients need at a patient's home, providing meals, transportation and in home therapy. Some long term care is within the home and some can be rehab. Lets say there is a growing need to extend those services to our growing need in elderly population. Part of that need is a demand for servicing the increasing population of the Hispanic community. We as a team need to meet with a cross- functional management team that can relay the need and services outside of the facility. We need hired people who are bilingual that can work the call center, deliver food, offer in home therapy, and provide transportation.
Our audience will be the new management team. Each member of the coordination of care team of management will cover or be responsible for one of those areas. Our standpoint will be that we are the board of directors that would be talking with them.
Giving the above screnario my part of assignment is to come up with strategies of the transition and what methods may be needed?
.
250+ Words – Insider Threat Analysis Penetration AnalysisCho.docxjeanettehully
250+ Words – Insider Threat Analysis / Penetration Analysis
Choose one of the following. The first is insider threat analysis and the other is the threat presented by hostile intelligence operations. Be challenging and show what you know.
Topic 1
Insider threats come from individuals who operate inside friendly intelligence and national security organizations who purposefully set out to cause disruption, destruction, and commit crimes to those ends. Please read
Insider Threat IPT
and
Solving Insider Threat
in the Course Materials Folder. Using the web or the online library choose a high profile case of insider threat (cyber, intelligence, military) and draft a 350 word summary of the case highlighting successes or failures of
analysis
in bringing resolution to the case. What analysis methods can you discern? What do think could have been done differently to improve the analysis?
--or--
Topic 2
Complete reading
Foreign Espionage Threat
and
Observations on the Double Agent
and
Social Courtesy
. In the penetration of a hostile intelligence service analysis is central to identifying, pursuing, and preparing the recruitment of an agent. In 350 words please research the Oleg Penkovsky, Aldritch Ames, or Jonathan Pollard cases. Provide a summary of the role of analysis in the recruitment and running of these agents from the perspective of their handlers (the US/British, Soviet Union, and Israel, respectively). You'll need to conduct additional research on the web or in the online library to help you develop a factual understanding of the case you choose.
.
250 wordsUsing the same company (Bank of America) that you have .docxjeanettehully
250 words
Using the same company (Bank of America) that you have using in previous weeks, please review its cashflow sheet The statement of cash flows is divided into three parts: (1) operational cash flows, (2) financing cash flows, and (3) investment cash flows. Discuss the primary components of each of these sections of the cash flow statement:
Operational cash flows:
Use the direct method, which focuses on the sources of cash and the uses of operating cash such as cash from customers minus cash payment for expenses and payments to creditors.
Financing cash flows:
This should include cash received as the owner’s investment and cash withdrawals by owners.
Investing cash flows:
These include cash from investing activities (in other companies or securities) and any cash paid to make these investments.
.
250 mini essay questiontextbook Getlein, Mark. Living with Art, 9.docxjeanettehully
250 mini essay question
textbook: Getlein, Mark. Living with Art, 9th Ed., New York: McGraw-Hill, 2010 Please include citations in MLA format.
First, describe the shift in the Roman Empire that created Byzantium in the East and what would eventually become Europe in the West and explain the impact of this political, religious, and social split on the art produced in these regions in this era. Provide specific examples of particular works of art or architecture to illustrate your points.
Second, trace the subsequent development of art in the East and the West from the Early through the High and Late Middle Ages by citing specific works of art or architecture and describing characteristic features these works exemplify. Be sure to include the each of the following terms in your discussion:
-animal style
-Carolingian
-Romanesque
-Gothic
.
22.¿Saber o conocer… With a partner, tell what thes.docxjeanettehully
22.
¿
Saber
o
conocer
…?
With a partner, tell what these people know, using
saber
or
conocer
.
Natalia [removed] al suegro de Mirta. Ella [removed] dónde vive él, pero no [removed] su número de teléfono.
David [removed] muchas ciudades de España, pero no [removed] hablar español.
Estela [removed] muchos poemas de ese poeta, pero no [removed] ninguno de memoria.
Roberto [removed] a la familia que da la fiesta de Año Nuevo, pero no [removed] dónde es la fiesta.
Yo [removed] que Lorca es un poeta español.
.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
हिंदी वर्णमाला पीपीटी, hindi alphabet PPT presentation, hindi varnamala PPT, Hindi Varnamala pdf, हिंदी स्वर, हिंदी व्यंजन, sikhiye hindi varnmala, dr. mulla adam ali, hindi language and literature, hindi alphabet with drawing, hindi alphabet pdf, hindi varnamala for childrens, hindi language, hindi varnamala practice for kids, https://www.drmullaadamali.com
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
Assessment and Planning in Educational technology.pptxKavitha Krishnan
In an education system, it is understood that assessment is only for the students, but on the other hand, the Assessment of teachers is also an important aspect of the education system that ensures teachers are providing high-quality instruction to students. The assessment process can be used to provide feedback and support for professional development, to inform decisions about teacher retention or promotion, or to evaluate teacher effectiveness for accountability purposes.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
How to Build a Module in Odoo 17 Using the Scaffold Method
Running Head HEALTHCARE INFORMATICS AND PATIENT CARE12HE.docx
1. Running Head: HEALTHCARE INFORMATICS AND PATIENT
CARE 1
2
HEALTHCARE INFORMATICS AND PATIENT CARE
Healthcare Informatics and Patient Care
Healthcare Informatics and Patient Care
Managers
In this paper, we will discuss the benefits of having technology
around us and how it can be crucial for the daily operations of
healthcare organization. Some of the benefits of having
technologies are improvement in patient care, operate
efficiently and reduction of cost. To make a healthcare
organization successful, every staff member should know their
role in improving patient care. One of them is a Director of
Admissions, who can utilize technology/system to improve
patient care in many ways. The Director of Admissions “admits
patients by directing the admissions process; developing,
implementing and maintaining revenue-generating strategies;
determining and implementing admissions best-practices;
promoting the hospital; maintaining a satisfied patient base”
(Monster, n.d.).
Patient Care The technology that the Director of Admissions
2. use to make daily workflow seamless is the Electronic Health
Record (EHR) and admission/discharge/transfer (ADT) system.
An ADT system is “used to input patient registration
information which results in the creation of an automated
master patient index (MPI) database that allows for storage and
retrieval of the information” (Bowie, M. J., 2018). Using these
systems can easily improve patient care because the technology
can allow for an efficient workflow without errors. The
Director of Admissions can manage an HL7 ADT Message
system for the staff to let each department know when a patient
is admitted, discharged or transferred (Health Standards, 2006).
This can be handy to better care of patients by properly
communicating with different departments of the hospital. For
example, if a patient has arrived for his/her minor same day
surgery, upon registration the message can be sent to the
surgery department that patient has been admitted and on the
way. This can expedite the service and patient experience.Cost
and Efficiency
The EHR and ADT systems are safe and can admission
process much easier, efficient, and reduce human errors.
Reducing error can essentially reduce cost. The Director of
Admissions can run daily “admission logs, bed utilization
reports, current charges reports, daily census, daily
discharge/transfer logs, and patient profile (Green & Bowie,
2016, 8-1a). The Director of Admissions can run daily current
charges reports that can help them keep on track with expected
account receivable. The Director of Admissions can track down
who owes the company money, and he /she can forward the
report to organizations account and billing department. This
can help organization collect money. Technology makes this
process easier and elements costly run around and paper trails.
Decision Making
The reports and data collected from the Director of Admissions
can help organization make decisions in different department.
For example, running a daily census report can let certain wards
of the hospital know how busy they are and what kind of
3. staffing level will be needed to properly care for the patients.
The Director of Admissions has to make sure that the collected
data are sent to all the managers and supervisors of the hospital
to help them make decision.
Reference
Bowie, M. J. (2018). Essentials Health Information
Management: Principle & Practices (4th ed.). Place of
publication not identified: Cengage Learning Custom P.Monster
(n.d.). Admissions Director Hospital Job Description. Retrieved
on November 21, 2018 from https://hiring.monster.com/hr/hr-
best-practices/recruiting-hiring-advice/job-
descriptions/admissions-director-hospital-job-description.aspx
Health Standards (2006 October 5). What is an HL7 ADT
Message? Retrieved on November 21, 2018 from
http://healthstandards.com/blog/2006/10/05/what-is-an-adt-
message/
Fair To All People: The SEC and the Regulation of Insider
Trading
· Introduction
· Pre-Securities Act Common Law Enforcement
· The Securities Exchange Act of 1934 - Principles of Full
Disclosure
· Foundations of Fairness: The SEC Develops Theories and
Rules on Corporate Disclosure
· The SEC Takes Command
· Counterattack From the Supreme Court
· Raising the Stakes
· Power of SEC Resilience
· Rule 14e-3 and the Misappropriation Theory
· United States v. O'Hagan
· Old Debate and New Rules: SEC Regulation of Insider
4. Trading in the Global Marketplace
· In Recognition
Power of SEC Resilience
United States v. O'Hagan
It took nearly a decade for the Supreme Court to revisit the
applicability of the misappropriation doctrine they had
deadlocked on in Carpenter. That is not to say that the SEC sat
on the sidelines waiting for a case to arise. In fact, after
the Carpenter deadlock, the SEC actively enforced insider
trading cases, urging lower courts to adopt the misappropriation
theory. But the lower courts divided on the issue, and the Eighth
Circuit overturned the conviction of James O'Hagan for
securities and mail fraud and for violation of Rule 14e-3,
because the court found that O'Hagan owed no duty to Pillsbury,
the company in whose stock he had traded. The Supreme Court
resolved to settle the disputes among the circuit courts
in United States v O'Hagan.(53)
O'Hagan, a Minneapolis legal icon, was charged with violating
Section 10 and Rules 10b-5 and 14e-3 by trading on
misappropriated, non-public information he acquired while at
his law firm. O'Hagan was neither a classic nor a constructive
insider, nor could he be held liable under the disclose or abstain
rule. The SEC and the U.S. Justice Department prosecutors
advocated a broad, expansive reading of Rule 10b-5 to cover
any deceit, meaning that for O'Hagan, his misappropriation of
his employer's information was for his personal benefit, in
connection with the purchase or sale of a security. At oral
argument, Chief Justice Rehnquist quizzed Deputy Solicitor
General Michael Dreeban about the SEC theory.
"What bothers me about this case," queried Rehnquist, "is what
is the connection between the ‘deceptive device' and the
‘purchase or sale' of the security" since O'Hagan didn't deceive
anyone who sold him the Pillsbury stock."
The misappropriation theory, replied Dreeban, "had a broader
aim to pick up the cunning devices that people might use." The
issue in O'Hagan, he remarked, was "a unique kind of fraud,
5. unique to the securities markets" in which a person could profit
from misappropriated information only by trading or tipping
someone else off.
But John D. French, O'Hagan's lawyer, dismissed the SEC
attempt to expand the misappropriation theory. "If Congress
wants to get the misappropriation theory into law, it has to write
it into law." Otherwise, he added, remembering the troika of
Justice Powell-inspired cases from the 1980s, "you cannot
disconnect the misappropriation from the purchase and
sale."(54)
On June 25, 1997, in an opinion written by Justice Ruth Bader
Ginsburg, the Supreme Court upheld the misappropriation
theory as a valid basis on which to impose insider trading
liability. While the Supreme Court acknowledged that
misappropriators had no independent duty to disclose to persons
with whom they traded, the legal obligation under the Securities
Acts was founded on the theory that "a fiduciary's undisclosed,
self-serving use of a principle's information to purchase and sell
securities, in breach of a duty of loyalty and confidentiality,
defrauds the principal of the exclusive use of that information."
So defined, the misappropriation theory thus satisfied the 10(b)
requirement of a "deceptive device or contrivance" used "in
connection with a securities transaction." SEC Chairman Arthur
Levitt Jr. commented that the decision reaffirmed "the SEC's
efforts to make the stock market fair to all people, whether
you're a Wall Street veteran or a Main Street newcomer." The
misappropriation theory was well-tuned to the animating
principle of federal securities law: to insure honest securities
markets and thereby promote investor confidence.
The success of the SEC was the result of a long and persistent
strategy that avoided congressional definitions that it felt would
make actual enforcement more difficult, while advocating for
common law interpretations that promoted a somewhat nebulous
definition of insider trading based on principles of equal access
to market information. Opting for a common law interpretation
while developing administrative rules of enforcement allowed
6. the SEC to react to market abuses, but not overreact in a way
that might damage its enforcement flexibility or the stability of
the markets. The ideological and legal persistence of the SEC
won the day in 1997, but insider trading issues remain an
ongoing debate.
<< PREVIOUSNEXT >>
Footnotes:
(53) 484 US 19 (1997)
(54) Linda Greenhouse, "S.E.C. Argues Insider-Trade Theory
Before High Court," The New York Times, April 17, 1997, D1.
Related Museum Resources
Papers
FEBRUARY 27, 1997
Brief for the United States, United States of America v. James
Herman O'Hagan
IMAGEPDF (Courtesy of the Library of Congress)
FEBRUARY 28, 1997
Brief of Amici Curiae North American Securities
Administrators Association, Inc. and Law Professors in Support
of Petitioner, United States of America v. James Herman
O'Hagan
IMAGEPDF (Courtesy of the Library of Congress)
MARCH 27, 1997
Brief of Amici Curiae Law Professors and Counsel in Support
of Respondent, United States of America v. James Herman
O'Hagan
IMAGEPDF (Courtesy of the Library of Congress)
MARCH 28, 1997
Brief for Respondent James Herman O'Hagan on Writ of
Certiorari to the U.S. Court of Appeals, United States of
American v. James Herman O'Hagan (begins at Questions
Presented)
IMAGEPDF (Courtesy of the Library of Congress)
APRIL 27, 1997
8. resale or redistribution.
Section 9.1Financial and CSR Reports
Pretest Questions
1. Firms can legally report company earnings numbers in just
one way. T/F
2. Offering CSR or sustainability reports remains optional in all
industries. T/F
3. Publicity is the major leverage point for externally
motivating corporations to
report CSR. T/F
Answers can be found at the end of the chapter.
Introduction
Customers and other stakeholders (even employees) cannot
usually become aware of socially
responsible behaviors without some effort on the organization’s
part. Thus, accurate and
timely reporting of CSR efforts can engage stakeholders and
provide concrete evidence of
sustainability attempts and successes. However, not all firms
report the same way, and con-
sumers are not always able to protect themselves from false or
misleading reports. Also, some
firm managers still choose to only report financial returns and
don’t discuss the social or
environmental aspects of or contributions to those returns.
This chapter addresses types of financial and CSR reporting. It
discusses reasons why compa-
9. nies make the effort to report and describe standards and
general practices that, if adhered to,
can help such reports be maximally useful to customers and
other stakeholders.
9.1 Financial and CSR Reports
Today the most common type of corporate reports are financial
reports. Interestingly, com-
panies can legally present investors with two types of financial
reports: (a) those that strictly
adhere to generally accepted accounting principles (GAAP) and
(b) those that include
some simplifications or leave out some facts from the main
body of the report. The first type
is well known to accountants; such reports follow a
standardized format that make them easy
to compare to reports from other companies that use the same
standards. Thus, the GAAP
format enables the financial situation of two or more companies
to be compared. In contrast,
non-GAAP reports feature adjusted figures known as pro forma
or non-GAAP numbers. Com-
pany leaders have significant freedom in reporting such
adjusted numbers, in part because
there are no rules about what they can strip from the reporting.
This allows executives to
paint a simplified or idealized picture of the corporate situation
(Morgenson, 2015). Even
within the same industry, companies can differ on what they
include or exclude from the
nonstandard report. For example, one company may exclude
facts about how employees are
compensated, while another company in the same industry may
include such numbers. When
these differences occur, it makes it challenging for investors or
other stakeholders to compare
11. value dropped by almost $60
billion, largely as a result of investor reactions to the discovery
of the variance between the
two versions of the report (Morgenson, 2015).
What are government and exchange regulators doing about this
issue? In 2003, when pro
forma or non-GAAP earnings first became popular, the SEC
instituted Regulation G to help
investors. Regulation G requires companies that use adjusted
non-GAAP figures in regulatory
filings to present comparable numbers calculated using GAAP.
However, the regulation does
not cover news releases, a major source of information for
investors.
According to many, this kind of market deception reflects the
need for transparency and stan-
dardization in reporting, not just for accounting measures
(which are only one part of the
triple bottom line), but also for CSR (Howell, 2015b).
Transparency means being open, hon-
est, and direct about a company’s past, present, and future.
Standardization means using a
common system that allows people to make fair comparisons
between similar corporations.
Transparency and standardization are a foundational element of
sustainability because they
allow companies to fairly measure and compare shareholder
value, return on investment in
finance, and environmental impact and social contributions to
CSR. CSR reports are a rela-
tively new phenomenon, and making sure they are useful
requires understanding the history
of reports, the standards related to reporting, and cases of
reporting use and abuse. Doing so
13. The Exxon Valdez became a symbol of how the drive for
profit can conflict with environmental and social respon-
sibility, with devastating results. The short-term media
and social response was significant, and public outrage
and concern continued for years.
Some of the disaster’s long-term implications relate to
corporate transparency. The spill instigated new pres-
sures for firms to report how they were (or were not)
protecting workers and the environment. Groups of
activists began to push for accountability through vol-
untary corporate reporting. One of the leading orga-
nizations responsible for demanding more corporate
transparency was the Coalition for Environmentally
Responsible Economies (Ceres), which was formed in
response to the spill.
The Coalition for Environmentally
Responsible Economies
Ceres was formed by a small group of investors who
believed that if firms like Exxon had to publicly admit
they were overworking people (a social CSR issue),
were failing to invest in safe equipment (another social
CSR issue), or lacked the policies to protect the environment in
the event of an emergency,
they might find reason to fix such irresponsible and
unsustainable behaviors. Essentially, the
founders of Ceres believed that transparency could herald
change.
Over the organization’s 25-year history, its mission has
expanded. It has introduced report-
ing tools to help organizations weave environmental and social
challenges into company and
14. investor decision making. It has inspired a reevaluation of
companies’ roles and responsi-
bilities as stewards of the global environment when it published
the Valdez Principles, later
named the Ceres principles. These consist of 10 points of
environmental conduct that Ceres
encourages companies to publicly endorse (Lubber, 2014):
1. Protection of the biosphere: How well does the corporation
protect the general bio-
sphere, including by reducing greenhouse gases?
2. Sustainable use of natural resources: Does the corporation
strive to use renewable
resources and reduce the consumption of nonrenewable ones?
3. Reduction and disposal of wastes: Does the corporation
practice lean manufacturing
and seek to reduce or eliminate waste?
4. Energy conservation: Does the corporation conserve energy?
5. Risk reduction: Does the corporation have safety and
accident-reduction programs
in place?
6. Safe products and services: Does the corporation create
products and packaging that
are safe for consumers? Are consumers safe when they use the
product?
7. Environmental restoration: Does the corporation take steps to
renew and restore
the environment when damage is done?
John Gaps III/AP Images
16. The creation of the principles and the requirement for
supporters to publicly declare support
ushered in renewed pressure to make public data on where
companies stand in regard to CSR
and sustainability. Ceres spearheaded a movement to get firms
to publicly report and state
sustainability and CSR goals, progress, and setbacks.
Recent research suggests that 93% of the top global companies
publish CSR or sustainability
reports (KPMG, 2013). The statistic indicates how far
sustainability and CSR reporting have
come, but the journey was not easy. As Bob Massie, Ceres’s
executive director from 1996 to
2002, stated in 2014:
The whole idea of having an environmental ethic, or measuring
your perfor-
mance above and beyond your legal requirements, was
considered completely
insane. Sustainability was considered to be a shockingly
difficult thing that no
company would ever take on as a goal. (Ceres, 2014)
As Ceres pushed reporting, it also spearheaded a worldwide
effort to standardize and system-
atize disclosure on environmental, social, and human rights
performance. In the late 1990s
Ceres launched a separate entity known as the Global Reporting
Initiative (GRI), the aim
of which was to create a standardized and transparent
accountability process that ensures
compliant companies follow the Ceres principles (GRI, 2015).
The Global Reporting Initiative
The GRI is the most widely adopted framework for
18. decided to spin off the reporting
efforts from the rest of the organization. Thus, GRI became a
separate and independent non-
profit institution in 2001. The organization moved to
Amsterdam and became part of the
United Nations under its environmental program (the UNEP).
That same year, in 2002, the
second generation of guidelines (G2) was unveiled at the World
Summit on Sustainable Devel-
opment in Johannesburg, South Africa. The summit was the
most important international
convention related to climate change, and being part of it was
another sign of the organiza-
tion’s value and prestige.
Over the next 4 years, demand for CSR reporting guidance grew
dramatically, and the third
generation of the guidelines (G3) was launched with the help of
more than 3,000 experts
from multiple sectors, including packaged goods, shipping,
agribusiness, and more (GRI,
2015). However, it was not until 2007 that GRI created a
product for mass consumption and
utility—Pathways I. This publication provides a step-by-step
procedure for report makers. To
create a regional presence and learn how different regions
responded to the document, GRI
set up regional offices around the world, beginning with Brazil.
Today it has offices in many
countries.
To encourage the use and enforcement of the current guidelines
(G4), GRI launched a
60- question multiple-choice exam that enables individuals to
be accredited to use the G4
guidelines. The exam is available in more than 70 countries;
19. successful participants receive
a certificate and get their name published on the GRI website
for 3 years. While this kind of
recognition may seem narrow, it has significant weight with
environmentally and socially
conscious investors who have come to expect transparent
reporting and this kind of standard
measurement. Also, certified people can go into business for
themselves (or be selected by
employers) to help others create better CSR and sustainability
reports—this provides a way
for CSR and sustainability skills to be turned into financial
benefits. The more people who are
accredited to the GRI standards, the more the GRI brand grows
and the more the reporting
movement gains momentum and standardization. GRI’s vision is
for organizations to con-
sider sustainability throughout their decision-making processes
(GRI, 2015). Such a goal puts
them in partnership with corporate leaders and individuals who
are interested in increasing
CSR and sustainability.
The emergence of Ceres and GRI illustrate how a small group of
individuals can form a collec-
tive and ultimately drive major change. The ability of
individuals to report, support report-
ing efforts, and engage with standardized guidelines has moved
from nonexistent in 1992 to
being the purview of a few experts to being readily accessible
by almost all interested parties.
What have companies done with this ability, and what are the
consumer and competitive
pressures to conform? As stated earlier, data suggests that each
year, more companies report
and that these reports are becoming more accessible, detailed,
21. During the 1970s and 1980s, CSR messages (if they existed at
all) were based on public rela-
tions goals more than truth or adherence to standards. One
important breakthrough came in
1972, when a consulting firm named Abt & Associates added an
unexpected environmental
report to its typical annual financial statements. This pioneering
effort focused strictly on
sharing data on air and water pollution by the company and its
affiliates. Abt & Associates’
financial auditor certified the financial data. But since he was
only trained to evaluate finan-
cial reports, he disclaimed any responsibility for the
environmental data, since no standards
existed for such audits. In response, John Tepper Marlin (1973)
wrote an article for the Jour-
nal of Accountancy suggesting ways accountants could measure
pollution; the article included
a model environmental report, which was subsequently adopted
by a few accounting and
auditing firms around the nation (Marlin & Marlin, 2003). Still,
neither the practice of report-
ing nor the practice of having auditors measure environmental
pollution gained much trac-
tion until the 1980s.
Phase 2
In the second phase of CSR reporting, Mar-
lin continued to innovate and improve on
his original ideas. He found an interested
innovation partner in gourmet ice cream
purveyor Ben & Jerry’s. In a groundbreak-
ing deviation from standard practice, Ben
& Jerry’s commissioned a social auditor to
work with its staff on a report covering the
previous year’s activities. This was unusual
23. first stakeholder report was
divided into categories that represented different audiences,
including communities (out-
reach, philanthropic giving, environmental awareness, global
awareness), employees, cus-
tomers, suppliers, and investors (Marlin & Marlin, 2003). This
was notable because it marked
the first time that Ben & Jerry’s considered suppliers to be a
stakeholder. The report was also
a landmark because it was commissioned by Marlin.
This report, as well as others from similarly progressive
companies such as the Body Shop
and Shell Canada, helped introduce a new model of corporate
reporting—a precursor to the
GRI standards. After the first social audit, Ben & Jerry’s
continued to issue social reports,
using different social auditors to refine the concept and practice
of CSR reporting. While these
audits still lacked a set of generally accepted standards by
which to measure CSR, they were
transparent and offered a road map for improvement (and
inspired others).
It is important to note that it was not just awareness and
goodwill that led to the rise in CSR
reporting during the 1980s. Legal issues were also at play in the
United States. The open
records and meeting laws passed in the 1970s as a result of the
Watergate scandal increased
the volume of environmental pollution emissions data that
entered the public record. In 1987
“right to know” legislation was extended by Congress to
establish the Toxic Release Inventory
and the Pollution Prevention Act of 1990, which created a
database that is used by investors
25. jeopardize the environment
and the possibility of achieving report certification. Auditors
are generally solution oriented
and tend to give the corporation time to address any violations
before the problems affect
certification. Reporting in general, and the role of auditors in
that process, has matured into
an industry where auditors receive standardized training and
follow specific CSR standards
before certifying a company and its reports.
Several agencies and organizations stand out as early leaders in
the final phase of CSR
reporting. Among them is Social Accountability International,
which was founded in 1997
(Marlin & Marlin, 2003). Other auditing pioneers include the
FSC, the International Foun-
dation for Organic Agriculture, and the Fairtrade group.
Together, these groups formed a
larger organization called the International Social and
Environmental Accreditation and
Labelling, which sets reporting standards internationally and
provides uniform training to
thousands of social auditors. This group uses GRI standards as
well as others that change
by industry.
Such agencies help companies assess, measure, and certify CSR
and environmental compli-
ance. The very existence of such a wide number and variety of
certifying organizations indi-
cates how CSR and sustainability reporting has become an
established feature of modern
organizational life. Such reports provide customers, employees,
competitors, governments,
and other stakeholders the ability to evaluate whether firms are
27. f09_01
Step 1:
Identify
Step 2:
Prioritize
Step 3:
Validate
Step 4:
Review
CSR Report
Principles
Materiality
Stakeholder
Inclusiveness
Sustainability
Context
Completeness
Source: Adapted from “How to Define What Is Material,” by G4
Online, 2013 (https://g4.globalreporting.org/how-you-should-
report/how-
to-define-what-is-material/Pages/default.aspx
To begin, a publisher would focus on the steps of the process—
identification, prioritization,
29. Section 9.2CSR Reports and Audits
suppliers were stakeholders. This type of awakening is possible
in every industry as leaders
fine-tune the definition of stakeholder inclusiveness. The
principle of sustainability context
ensures that reports include how an organization’s performance
influences sustainability
in a wider context (locally to globally). Finally, completeness
ensures the report’s topics are
adequately covered to provide stakeholders with sufficient
information about the organiza-
tion’s economic, environmental, and social performance. The
report should also detail its own
process and methodologies used, as well as mention any trade-
offs or assumptions involved
in creating the report. Once the report is ready, many companies
ask a third-party agency to
verify and validate it.
CSR Report Auditors
Earlier in this chapter, we discussed the way GAAP guidelines
inform the financial audit of
any publicly traded firm. While corporate financial audits were
and are a standard practice,
CSR audits are less common—a fact that began to change in
2002. That year, two of the then
major accounting firms, PricewaterhouseCoopers and KPMG,
jointly signed and verified a CSR
report from Shell Oil. This represented a landmark event for
CSR and sustainability efforts
because it marked the moment when mainstream financial
auditors became willing and able
to offer CSR audits, too.
30. It is important to note this change, because even GRI
representatives cannot consult on the
verification of reports, as doing so would be a conflict of
interest and violate the GRI mandate
to remain independent and impartial. Thus, GRI does not
recommend or endorse any audi-
tors or consultancies. However, it does suggest guidelines on
where to find auditing agencies
and how to engage with them. In selecting service providers,
organizational managers should
primarily consider the level of expertise and competency with
sustainability disclosures. To
ensure results are objective, managers should choose an external
provider who is indepen-
dent of the hiring organization.
External auditing firms generally fall into three categories:
accountancy, engineering, and
sustainability services. There are different advantages to each
type. Accounting firms typi-
cally connect to global networks; they usually have a business
focus and expertise in finan-
cial and nonfinancial reporting. Engineering firms, on the other
hand, may be able to offer
technical certifications and assurance, including the ability to
conduct important tests and
other scientific and technical verifications related to, say,
toxicity (or lack thereof ) of ingredi-
ents. Furthermore, engineering firms understand complex
processes and are typically famil-
iar with risk-based analyses. Finally, sustainability services
firms understand sustainability
issues. They are typically smaller than the other two types of
firms and are often locally based
and well versed in stakeholder management issues. Each type of
32. are multiple approaches, three international standards are the
most widely used—ISAE 3000,
AA1000AS, and ISO 26000.
ISAE 3000
The International Standard on Assurance Engagements (ISAE)
standard known as ISAE 3000
offers guidelines for any assurance engagements other than
financial audits or reviews of
historic financial information. The standard came from the
International Auditing and Assur-
ance Standards Board of the International Federation of
Accountants; it was formed in 2003.
It emphasizes comprehensive procedures for evidence-gathering
processes and assurer
independence (GRI, 2015). Assurance reports in accordance
with ISAE 3000 standards can
only be issued by a certified accountant, as they must also
comply with the International
Ethics Standards Board for Accountants Code of Ethics for
Professional Accountants. Non-
accountants can use the assurance methodologies or combine
elements of ISAE 3000 with
other methodologies, but they cannot certify the results. There
are related ISAE standards
between 3000 and 3999, depending on the specificity of the
topic (for example, ISAE 3410
relates to assurance of greenhouse gas emissions). Leaders in
some industries will value that
accountants have verified and issued the company report; in
other industries the extra effort
to obtain this certification may not matter. Different types of
certification exist because some
firms value one kind of certification or assurance over another.
AA1000AS
34. provide examples of best prac-
tices in CSR from around the world. The document also helps
organize and unify activities
and verbiage, which is helpful as more organizations adopt the
principles and guidelines. ISO
26000 was developed by a working group of more than 500
experts (ISO, n.d.b). According to
the ISO, the working group disbanded after the standard was
published, but the leaders were
retained to provide support and expertise for those who adopt
the standards.
The United Kingdom’s Marks & Spencer provides an example
of how a major retailer inte-
grated ISO 26000 into its operational strategy.
CSR and Sustainability in Action: Marks & Spencer
In late 2015 Marks & Spencer introduced ISO 26000 standards
to its largest suppliers.
By voluntarily adopting ISO 26000, suppliers agree to conduct
business in a more
transparent and accountable manner, which helps them comply
with the sustainability
goals to which Marks & Spencer has publicly committed. In this
way the standard helps
Marks & Spencer nudge suppliers in a new direction and gives
the suppliers a head
start in meeting goals that Marks & Spencer has set. In
particular, given the volume of
clothing the retailer sells, the company uses ISO standards as
part of its effort to track
the supply chain and check the source of raw materials and
labor conditions in supplier
organizations. Although ISO 26000 is not an approved GRI
standard, it still provides useful
35. information for companies that want to improve CSR and
sustainability. After voluntarily
implementing the standard, the firm garnered free publicity,
gained additional industry
attention, and learned where it was weak and strong in terms of
CSR goals and progress.
Since the firm sells a wide range of product categories, the ISO
26000 data can be used to
appease a wide range of stakeholders, which offers Marks &
Spencer a strategic market
advantage.
For managers deciding which reporting standards to follow, it is
important to consider that
GRI recommends using external third-party validation for
sustainability reports. However,
GRI does not require third parties to prepare reports in
compliance with the G4 guidelines.
This means that various reports approved by GRI associates
may have a different look and
feel. As a result, reports continue to differ widely, and there is
likely to be continued variety in
terms of what constitutes a “good” report—this is because even
with third-party validation,
subjectivity surrounds the issue. This means there is a real
opportunity for different orga-
nizational leaders to help improve and standardize CSR
reporting. If companies voluntarily
follow GRI report guidelines and validate reports, they can
make them easier to compare and
understand. Essentially, those firms that provide validated
reports that stand out to stake-
holders have a real opportunity to set the tone for multiple firms
and industries.
The next section discusses reasons leaders should validate
37. that the company believes its
own story; it reflects a seriousness about the topic that
investors, customers, employees, and
other stakeholders may value highly. Rating agencies and
analysts increasingly look for audits
and verification when making investment and rating decisions
(Corporate Register, 2008).
Reduced Risk and Increased Value
The top international accounting and auditing firm, KPMG
(2011), reported that one third
of the 250 largest global companies amended reports after
auditors identified errors in the
company’s CSR compliance. This statistic feeds the cynicism
that companies issue untrue
or confusing data that they only correct once caught. Using a
qualified third-party reviewer
means there is a greater chance that the report reflects the truth
about a company’s efforts;
auditing reduces data-quality risks. Given how quickly news can
spread in our connected
age, firms can take extra steps to ensure that information is
checked before going public. GRI
documents also suggest that when firms make the effort to
produce robust, audited, and cred-
ible documents, the reliability and value of the entire reporting
process increases (GRI, 2013).
Improved Board and C-suite Engagement
Decision makers at all levels should evaluate choices based on
the best available data. This fact
about decision making holds for CSR and sustainability
decisions as much as for other invest-
ment and personnel decisions. Thus, when top management
teams must decide whether to
enact or otherwise support CSR and sustainability efforts, they
39. employees at all levels improve
results. If the validation process includes feedback on errors, it
can lead to learning, training,
and improved behaviors. External validation can also confirm
the presence of good practices
and processes, which further encourages and supports positive
efforts. For these reasons, the
process of reporting on CSR efforts and getting third parties to
verify constituent data can
offer a firm many benefits, even if it is in the early stages of
enacting CSR and sustainability
projects.
Improved Stakeholder Communication
As mentioned before and as evidenced in the Ben & Jerry social
audit, many (but not all)
report validation processes involve the review (or inclusion) of
stakeholder engagement
efforts. Once such processes are examined, they can be
complimented and broadcasted or
criticized and improved upon. Publishing results allows others
to copy good processes and
practices, which can improve the status quo across multiple
industries and organizations.
Some organizations even use reporting processes as an entry
point into conversations with
stakeholders; the reporting process can be an icebreaker that
helps start a conversation that
may not otherwise take place. For example, if a firm wanted to
create its first CSR report,
managers could contact key stakeholders and request a meeting
to learn which CSR topics
concern them. Managers could then use the information to tailor
the reporting process.
Apply Your Knowledge: Plan a CSR Report
41. Thus far, this chapter has addressed the history of CSR
reporting and introduced the concept
and benefits of third-party assurances for CSR and
sustainability reports. What remains to be
covered is how both the organization and the public can
interpret and use CSR reports.
Publicity
Organizations that create CSR and sustainability reports have
the power to influence readers
and stakeholders—and it is safe to assume that most people
create CSR reports to garner
stakeholder goodwill. However, reactions to reports can be
positive or negative.
An example of positive publicity comes from a study done by
Reputation Institute, a New
York–based consulting firm. In early 2015 the institute invited
approximately 55,000 con-
sumers to participate in a study that ranked the world’s 100
most reputable companies (“The
10 Companies,” 2015). It found that 41% of how people feel
about a company is based on
their perception of the firm’s CSR. As a result of this finding,
Reputation Institute separately
ranked the top 10 firms with the best CSR—and it did this in
part by focusing on CSR and
sustainability reports.
This example also portrays how CSR rankings and reports
remain vulnerable. After the rank-
ings came out, at least two of the companies, Sony and
Volkswagen, experienced dramatic
events that called into question their ranking and that no doubt
will result in lower rankings
from future polls. Sony experienced a computer hacking
42. incident that compromised confi-
dential data, including information about the company’s unfair
hiring and salary practices
(Phelan, 2015). Volkswagen faced reports of fraud, including
how the firm purposely misled
consumers by cheating on emissions tests and lying about its
vehicles’ fuel efficiency (Phelan,
2015). Consumers and leaders must work harder than ever to
continuously monitor firms as
they progress in the pro-CSR and sustainability journey.
It is also common for companies to experience some negative
publicity when they report
early CSR efforts. Sometimes, early efforts seem small or
insignificant, given the organiza-
tion’s size, or early reports mention baseline numbers that draw
criticism. Some stakehold-
ers may interpret the report data negatively. In these situations,
it is best to continue on the
path toward CSR and sustainability, so that with time naysayers
can come to realize that early
efforts were real and part of a longer commitment to CSR and
sustainability.
In other cases reports about CSR or sustainability efforts do not
originate from companies
themselves. Nongovernmental organizations also monitor
corporate behavior and may
report on findings that benefit larger society but that companies
may prefer to downplay or
ignore. Many organizations feel they have an ethical duty to
reveal and advertise negative
corporate activities as a way to motivate change. For example,
the Business & Human Rights
Resource Centre, a nonprofit organization dedicated to
advancing human rights in business,
44. • Glencore Xstrata: Negatively impacted the rights of local
communities and indig-
enous groups.
• HSBC: Provided funding to companies that do not uphold
CSR ideals, such as Sime
Darby & Wilmar, a company accused of human rights abuses.
• Marine Harvest: Caused damage to the environment and
negatively influenced the
livelihoods of the indigenous people of Chile (Business &
Human Rights Resource
Centre, 2014).
Lists such as these can make the public more aware of problems
and also bring negative public
attention to offending companies. When this happens, managers
and leaders may react more
quickly or choose a more sustainable response than they might
have without the reports and
related negative press. In the long term, such reports can benefit
society. Changes that firm
leaders eventually enact have the potential to succeed in the
future and avoid being criticized
for poor CSR efforts.
Overcoming Challenges
Negative publicity is not the only risk faced by companies in
creating CSR reports. A study
undertaken by the accounting firm Ernst & Young and the
Center for Corporate Citizenship
at Boston College offers some insight into why firm managers
might resist reporting. Survey
respondents disclosed three primary challenges (Ernst & Young,
2013):
46. Chapter Summary
Benefits of Creating CSR Reports
The four primary motivations for reporting are:
1. Transparency: reports can improve investor confidence, trust,
and employee loyalty.
2. Competitive advantage: reports serve to differentiate the
company from its
competitors.
3. Risk management: reports allow managers to identify and
address potential envi-
ronmental and social risks.
4. Stakeholder pressure: reports can appease certain
stakeholders or alert new ones to
key firm accomplishments or goals. (Ernst & Young, 2013)
Reporting CSR and sustainability efforts can
also help recruit and retain employees.
There is also a financial advantage to shar-
ing CSR reports. Research shows that the
most transparent companies tend to have
higher cash flow (Margolis, Elfenbein, &
Walsh, 2007).
In addition to the survey results, data from
other sources suggest ways that CSR and
sustainability reporting benefit a firm’s
bottom line. GRI Chief Executive Ernst Lig-
teringen has seen companies change their
practices as a result of increased report-
47. ing. General Electric (GE) and Siemens, for
example, focused on increasing energy effi-
ciency and lowering emissions, both of which have helped the
company grow. GE’s “ecoimag-
ination” initiative is a company-wide effort to use sustainability
concepts to drive innova-
tion. The initiative has brought more than $160 billion in
revenue since 2005, while lowering
greenhouse gas emissions 34%, reducing freshwater use 47%,
and saving the company $300
million (Ceres, 2015).
Ceres (2015) finds that sustainability reporting is becoming
more mainstream in the United
States and abroad. Further, some governments even require
mandatory reporting—the Euro-
pean Union and India, for example, are in the process of
adopting mandatory sustainability
disclosure requirements. The integration of financial and
sustainability data by many firms
creates an opportunity to enhance the data on CSR and
sustainability practices (Ceres, 2014).
It also can lead to more CSR behaviors by a greater number of
organizations.
Chapter Summary
This chapter discussed the history of CSR and sustainability
reporting to clarify how the prac-
tice has changed over time. It also discussed the need for CSR
and sustainability reporting and
its benefits. As more companies provide reports, scholars and
practitioners learn more about
how to report and how communities and shareholders benefit. In
particular, all stakeholders
50. resale or redistribution.
Chapter Summary
6. According to the GRI, the following are all principles that
should define the content of
a CSR report EXCEPT .
a. stakeholder inclusiveness
b. materiality
c. completeness
d. prioritization
Answers: 1(c); 2(d); 3(b); 4(a); 5(d); 6(d)
Critical-Thinking Questions
1. Discuss the overall advantages of CSR reporting. When can
transparency be a liabil-
ity and expose a company to risk?
2. How is reporting CSR similar to a publically held
corporation’s responsibility to
report finances using GAAP? How are they different?
3. What are the three kinds of CSR auditor, and what are the
advantages and disadvan-
tages of each?
4. Suppose a small company would like to create a CSR report.
What are some sug-
gestions you could make to the company regarding how to start
the report? What
strategies would you recommend to ensure accuracy and prevent
negative publicity?
51. 5. What are some ways CSR reporting can become more
standardized for all companies
on a global scale?
6. What does the history of CSR and sustainability reporting
illustrate about the power
of a small group of individuals to instigate positive change?
7. What kinds of value does sustainability/CSR reporting create
inside a firm? What
kinds of value does it potentially create outside a firm? How
might your answer
change based on a report’s content?
Additional Resources
Learn more about GRI by visiting:
https://www.globalreporting.org/Pages/default.aspx
For an example of a Symantec CSR report, see:
http://www.symantec.com/content/en/us/about/media/pdfs/2015-
corporate
-responsibility-report-en-us.pdf
Review the Public Eye Awards 2014 and corporate responses
here:
http://business-humanrights.org/en/documents/public-eye-
awards-2014
Answers and Rejoinders to Chapter Pretest
1. False. Non-GAAP members have considerable freedom and
can report earnings in
various ways.
2. True. There are no government or industry requirements.
3. True. There are few actual requirements enforced globally,
53. 6. According to the GRI, prioritization is part of the process of
creating a CSR report,
but not one of the principles that should guide its content.
Key Terms
AA1000AS CSR standards based on
AccountAbility principles that focus heavily
on whether the organization and its sustain-
ability reporting respond to stakeholder
concerns.
Coalition for Environmentally Respon-
sible Economies (Ceres) An organization
that supports reporting tools that include
environmental and social responsibility.
Exxon Valdez An oil tanker that ran
aground in Prince William Sound in Alaska
in 1989, causing one of the worst environ-
mental disasters in history.
generally accepted accounting principles
(GAAP) Accounting standards and proce-
dures defined by the accounting industry
and adopted by nearly all publicly traded
companies in the United States.
Global Reporting Initiative (GRI) A
framework for sustainability reporting that
was originally created to help leaders and
managers start reporting.
ISAE 3000 The ISAE standard for any assur-
ance reporting that is not a financial audit or
review of historic financial information.
56. plants. Firm employees who drive to work use energy and likely
create pollution in the pro-
cess. Manufacturing companies use natural and human-made
inputs to create new products
for sale.
This chapter examines the relationship between the natural
environment and the corpora-
tion. It addresses the environmental issues introduced in
Chapter 5 and explores the true
social, environmental, and financial cost of certain corporate
activities. Part of addressing
how companies relate to the environment includes discussing
how they comply with legal
regulations, best practices prescribed by nongovernmental
agencies, and international orga-
nizations (such as the United Nations). This chapter describes
analytical tools that allow peo-
ple to identify risks, rewards, and impacts related to creating,
using, and disposing products
and services. These tools also provide data for companies that
want to create less damag-
ing or more restorative products. The discussion then turns to
communitarianism, the green
movement, and the formation of environmental regulatory
agencies in the United States and
European Union. It closes with a short discussion of how
strategic concerns about risk man-
agement and human welfare issues related to water rights and
water supplies may dominate
corporate conversations going forward.
6.1 Corporate Fiduciary Stewardship
Building on the environmental issues described in Chapter 5,
this chapter examines the role
and responsibilities of a corporate leader. Central to this
58. A fiduciary refers to a person who holds a legal relationship of
trust with one or more par-
ties (such as shareholders). Typically, a corporate fiduciary
prudently takes care of money or
other assets. Corporate leaders by default become fiduciaries, or
people with a special duty to
owners/shareholders to protect and keep assets safe but also
efficiently and effectively use
assets. By law, a corporate leader cannot profit at the expense
of corporate shareholders; he
or she can also be fired for not managing funds to maximize
profits. In other words, leaders
are morally and legally bound to seek profit on behalf of owners
(Inc., n.d.). Thus, fiducia-
ries are stewards, or caretakers, of the financial side of
business. However, seeking profit for
shareholders is not the only aspect of the complex notion of
stewardship.
Peter Block is a thought leader in the world of business who
spent the past 40 years advocat-
ing for an expanded notion of corporate stewardship; one that
goes beyond fiduciary con-
cerns. Rather than just representing the interests of
shareholders, Block (2013) advocates
that corporations should adopt a stewardship model of
management whereby they treat
people and natural resources as assets to be cared for, nurtured,
preserved, and respected.
Stewardship commonly refers to the responsible care and
management of an asset over time
that allows for sustainability and growth. Some argue that
stewards are caretakers who bal-
ance all interests in the hopes of sustaining the life and value of
an asset (Inc., n.d.). For Block,
59. stewardship is a mind-set that changes the fundamental way
corporate managers and leaders
behave. Block suggests that not only are managers and leaders
stewards of what happens
within the corporation, they are also stewards of the
corporation’s social and environmental
impacts.
Block (2013) says that corporate leaders are responsible for
ethical communication and for
providing a quality good or service. He challenges corporate
leaders to tend to environmen-
tal issues while simultaneously being fiduciaries of the financial
bottom line. Block makes a
compelling argument that most corporations act in immediate
self-interest and do not have
the capacity to balance long-term environmental needs with
demands for short-term profit.
Stewardship involves listening and weighing multiple interests,
including long-term financial,
social, and environmental interests, in addition to short-term
financial ones.
Religious, social, and environmental movements have long
advocated the notion of steward-
ship over resources, which suggests that human and natural
resources have intrinsic and
long-term value and thus should be viewed with a long-term
mind-set. But Block’s version of
environmental stewardship suggests going one step further—to
restore environments. Such
restorative behaviors include removing trash, planting trees,
leaving nature as you found it,
and actively caring for people and places. Stewards have a wide
range of choices in how to
act and may often feel squeezed between the short-term wants
61. productive lives. This means that
good stewards attempt to practice inclusion by involving all
stakeholders in communication,
and they practice, submit to, and attempt to exemplify
appropriate governance.
In order to embody this view, good stewards consider and work
across boundaries of juris-
diction, sector, and discipline to connect these four spheres and
create opportunity for the
region.
It should be noted that people who are not necessarily corporate
leaders are also considered
stewards. For example, educators and students exercise
important stewardship over society,
the environment, and future generations when they study the
world’s various interconnec-
tions. Society also entrusts politicians and civil servants to be
stewards of regions, resources,
and people’s well-being. Citizens can remove these privileges
(by vote or impeachment) if
government leaders do not practice stewardship. Owners can
also remove corporate stew-
ards (managers) if they are not acting in the corporation’s best
interests.
In some way, we all have stewardship roles. To be sure,
corporate leaders have macro stew-
ardship responsibilities, but employees at all levels are
accountable for many of the same
issues. People who work for firms come face-to-face with
stewardship issues if they waste
resources, are asked to dispose of toxic waste inappropriately,
take safety shortcuts, or lie on
a financial report. Stewardship is a shared responsibility. To
63. Union and contemporary North Korea, the
concept of ownership is totalitarian, and
the state owns most businesses and other
factors of production. In contrast, the United States and
European democracies conceive of
ownership as a state in which assets can be held privately or by
different government entities,
including on national, state, and local levels. For example,
governments may own transporta-
tion systems, such as Amtrak in the United States or British
Rail in the United Kingdom. Many
of the older European airlines, such as Air France, KLM, and
Swissair, began as government-
owned businesses. They have since been privatized or are
semiprivate, which means they are
jointly owned by government entities and private companies.
Partial ownership creates stewardship and legal challenges; it is
difficult to determine who
is responsible for performance when both shareholders and
elected governments own part
of a corporation. This state of affairs is further complicated
when an owner needs to be held
responsible by a court of law. When legal entities hold someone
responsible for environmen-
tal damage, for example, it is difficult to prosecute or defend
owners when the owner is the
same government that manages the regulatory agency.
Extending Ownership and Responsibility
When a corporate stakeholder sees a poorly calculated decision
or one that has a negative
environmental impact, it may not be easy for him or her to
signal concern; nor are such warn-
ings necessarily welcomed. It is clearly documented, for
example, that engineers from the
65. complexity theory and leadership,
believes that stewardship resides in everyone, regardless of the
social and leadership envi-
ronment in which they live.
This stance illustrates how some people, such as Wheatley,
consider individual workers and
actors to be quite powerful. Such a mind-set suggests that one
need not wait to have a leader-
ship position or be deeply experienced and highly credible to
guide an organization to sus-
tainability. Everyone has the capacity to be a good steward and
advance the interests of the
organization and the greater good.
How can stewards at all levels of an organization take
appropriate stances on critical con-
cerns? By respecting, encouraging, and considering multiple
voices.
Extending the ideas of Havel and Wheatley, Max De Pree, the
longtime leader of the Her-
man Miller corporation (manufacturers of office furniture),
publicly fostered the idea of an
inclusive corporation, or one in which all voices are heard and
given credence. He wanted
to create a caring organization that was also financially
successful. Because of that belief, he
opposed business ideas that only benefited senior management.
He suggested that good lead-
ers and stewards are open to communication. But most of all, he
was known for talking and
listening to anyone and considering and enacting ideas from all
levels of the company (De
Pree, 1987). Unlike Wheatley and Block, who are consultants
and idea leaders, De Pree was a
66. manager and corporate actor. His ideas focused less on what a
steward is and more on what
he or she does.
6.2 The Cost of Failed Stewardship
Up to this point, stewardship has been described as both a mind-
set and a set of behaviors
that can be distributed or enacted from inside or outside an
organization. Equally important
to cover are stewardship failures; indeed, examining failures
creates another way to motivate
action. Most instances of failed corporate stewardship go far
beyond harming financial stake-
holders. Such failures impact the social community, the
environment, employees, the legal
system, and the banking system (Clarke, 2004). For example,
the potential failure of the U.S.
auto industry in the 2008 recession triggered Congress to offer
massive financial aid to top
manufacturing companies. The subsequent financial “bailout”
was justified for a variety of
reasons, including to preserve jobs and national security.
However, the same bailout cost tax-
payers; cost the firms in reputational capital; and cost citizens
and investors stress, in terms
of uncertainty and fear.
What are the additional costs when stewardship fails? These can
be seen in the blunder by
Atlas Minerals, a now closed industrial site near the entrance of
the Arches National Park in
Moab, Utah. Driven by a demanding client and a perceived
threat, members of management
did not consider the longer term environmental impacts when
they decided how to mine and
store uranium. Atlas Minerals was not considering
68. Minerals entered Chapter 11 bankruptcy, and in so doing
dodged liability for undertaking
a massive cleanup that cost many times more than the company
was worth. Since then, the
DOE has taken over the site (Grand County Utah, 2016) and is
now tasked with cleaning up
all such sites that contributed to pollution related to the creation
of nuclear weapons (Yahoo!
Finance, 2016).
After the DOE assumed ownership of the land, it set up a trust
to fund the site’s cleanup.
As of 2016, only 50% of the tailings had been removed.
Trainloads of radioactive tailings
are continuously removed from the site—about 5,000 tons each
week. The tailings are taken
approximately 40 miles away to a location considered less
environmentally sensitive because
it is not at the edge of the Colorado River (Yahoo! Finance,
2016). The project will cost taxpay-
ers many times the amount that Atlas Minerals made in profit
during its years in production.
In fairness, corporate leaders who in the 1950s endorsed the
plan to build a uranium mill and
store tailings near the Colorado River did so with the approval
of, and even encouragement
from, government agencies. They operated using the best
science of the time, although there
were environmental engineers, local workers, and others who
could see the folly of putting
a radioactive tailings pile so close to the Colorado River.
However, their concerns were dis-
missed, ignored, or discounted.
For the sake of short-term cost savings and expediency, and due
to a narrow definition of
69. impact, a river was polluted, the life expectancy of nearby
humans and animals was reduced,
and the cost of conducting a massive cleanup was passed on to
taxpayers. In contrast, cor-
porate leaders of today and the future, especially those who take
a stewardship mind-set,
research the impacts of location, sourcing, and product
ingredients on current and future
generations before making decisions.
If we agree with Havel, Wheatley, and De Pree, then most (but
not all) of the blame goes to
those who own the corporation. The bad planning, failed
science, poor execution, and bank-
ruptcy are not just the failure of corporate leaders, but also of
regulatory agencies, govern-
ment, and even local citizens and employees. We all share in the
blame for poor stewardship if
we are connected to a community. But as problems get larger
and involve more stakeholders,
it becomes increasingly difficult to reach agreement and take
collective action.
In addition, it may seem difficult to foresee the impacts of
large-scale corporate activities
on future generations. However, several tools can help assess
the environmental impact of
a product, process, plant, or any other activity in which an
organization may engage. One is
the life cycle assessment (LCA), which provides a way to
measure a corporation’s environ-
mental impact and includes energy costs and material usage
information. An LCA describes
the process of evaluating the social and environmental
implications associated with creating,
71. receiving bad publicity. Run-
ning an LCA would help managers identify and address weak
spots and risky areas.
When managers do not assess impacts, they may fail to see risks
as well as opportunities to
evolve products to mitigate environmental and social impacts.
For example, after performing
an LCA, Levi Strauss & Company implemented changes to
mitigate the environmental impact
of its jeans.
CSR and Sustainability in Action: Levi Strauss & Company
An LCA done by Levi Strauss & Company in 2016 showed that
approximately 1,003
gallons of water are used to make a single pair of jeans.
Producing the material accounts
for 680 gallons, and the washing and cleaning of machines and
manufacturing facilities
account for the rest. Almost 70 pounds of carbon dioxide are
produced to create each
pair of jeans, mostly during fabric production. The LCA, which
follows the product from
birth to end of use, also found that Americans wash jeans, on
average, after wearing
them 2 times. Europeans wear them 2.5 times, while Chinese
wear them 4 times before
washing. The LCA suggested that if consumers wear their jeans
10 times before washing
them, they could reduce the environmental impact of jeans by
77%. Using cold water
and air-drying them would further reduce jeans’ environmental
footprint (Levi Strauss &
Co., 2016).
73. components, and the extraction of petro-
leum for plastics and the gasoline or electricity that will power
the car. Performing an LCA
for a car also means considering its end-of-life destination,
which for many cars is either a
junkyard, a landfill, or a recycling facility, where some or all of
the parts are extracted and
reused. As another example, consider the cradle-to-grave LCA
of a newspaper. Harvesting and
grounding trees into pulp is an energy-intensive process. Paper
is produced from the pulp;
the paper is shipped to suppliers and then sent on to printing
facilities that print ink on it. The
same facilities fold and prepare the paper to ship to vendors.
The paper is then delivered to
homes and offices in cars and trucks that produce pollution and
are powered by fossil fuels. At
this point, the paper has left the cradle stage and is now moving
through the life stage, where
it is consumed (read). It is then disposed of and heads toward
the grave stage. Newspapers
(those that still exist in this digital age) can be burned, used as
wrapping or protective cover,
be recycled, or thrown away to decompose in landfills. The
impacts of each grave can also be
analyzed. If papers are recycled, one possible outcome is to
create cellulose insulation, which
can be installed in homes and offices. It is also possible to
calculate the fossil fuel savings
from the insulation, along with the effects of most other steps in
the life cycle. Conversely, if
the papers are burned, then the release of carbon can also be
measured and assigned to the
product LCA measurement tally.
When recycling costs and benefits enter the picture, some