February 25, 2010 by Avra Elliott NMSU Round Up
University of New Mexico professors to speak on moral business practices
The College of Business at New Mexico State University will host a seminar on ethics instruction Friday in Guthrie Hall.
The seminar is geared toward faculty, but the event is open free of charge to the public. Those interested in ethics and ethics instruction are encouraged to attend.
“[Ethics] is a very exciting field,” said Bruce Huhmann, Daniels Fund Ethics Program chair.
Students interested in business ethics in particular will find the seminar interesting, Huhmann said, and there are monetary benefits to ethics as well.
“Ethical firms tend to be more profitable in the long run,” Huhmann said.
Huhmann said seminar speakers O.C. and Linda Ferrell have done research in the field and are interesting speakers.
The speakers will focus on ethics education, as well practices for bringing greater relevance to ethics for students and faculty.
Huhmann said the seminar and ethics study is important because of the present and historical corruption of businesses, similar to the Enron scandal.
“Ethics has always been important in business as well as in society,” College of Business Dean Garrey Carruthers said in a press release.
The seminar is part of the Daniels Fund Ethics Initiative. According to danielsfund.org, eight universities partnered with the Business Ethics initiative. NMSU is one of six universities that will receive $1.25 million over the next five years to develop a principle-based ethics program.
According to the Web site, the Daniels Fund Ethics Initiative is a private foundation established by cable television pioneer Bill Daniels.
Huhmann said Daniels, who once lived in New Mexico, was known for his ethical practices.
The Daniels Fund Ethics Program at NMSU is in its first semester and although attending the seminar is one of the few ways for students to be involved, Huhmann said there will be a student case competition in the future.
The initiative will include more seminars in the future as well as networking with businesses and working with the Business Advisory Council.
“We are in the developmental stage,” Huhmann said.