Word: b-school
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...through after a lot of talk and question marks to show it's in it for the long haul, after years of people saying it should do something and [President Derek C.] Bok saying it should do something," says the Rev. Robert K. Massie, a doctoral student at the B-School and a former fellow in the University's Ethics and the Professions program. "Ethics is something that could have been blown off, [but B-School officials] have shown they're not kidding about...
...B-School's efforts to improve ethics instruction were facilitated two years ago by the well-publicized $30 million grant to the school, announced shortly after Wall Street's unprecedented insider trading scandal. Two-thirds of the funds were given by 1949 Harvard MBA John S.R. Shad, now Chair of the Board of Drexel, Burnham, Lambert, Inc., who chaired the Securities and Exchange Commission at the time of his gift...
Besides using cases in its own courses, Harvard is the main supplier of case studies to business schools throughout the country; and some outside scholars have noted that the B-School has published few cases dealing with ethical issues...
...fact, it appears that only after the announcement of the Shad grant did the B-School begin to display concern about retaining its ethics specialists. Shortly before announcement of the gift, the school advised its only junior ethicist, Associate Professor of Business Administration Kenneth E. Goodpaster, not to pursue tenure. B-School sources then said Goodpaster was told that if he sought tenure, he would be denied...
After the gift became highly publicized, however, the school reversed its stance. B-School officials offered Goodpaster two additional years on the faculty, after which he will again be eligible for tenure review. Goodpaster and school officials have since declined to discuss his extension, which is an unusual arrangement in academia...