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Blockchain As a Solution for Certification in an Age of "Do-Good" Business
Vanderbilt Journal of Entertainment & Technology Law Volume 20 Issue 3 Issue 3 - Spring 2018 Article 6 2018 Linking the Public Benefit ot the Corporation: Blockchain as a Solution for Certification in an Age of "Do-Good" Business Margaret D. Fowler Follow this and additional works at: https://scholarship.law.vanderbilt.edu/jetlaw Part of the Antitrust and Trade Regulation Commons, and the Computer Law Commons Recommended Citation Margaret D. Fowler, Linking the Public Benefit ot the Corporation: Blockchain as a Solution for Certification in an Age of "Do-Good" Business, 20 Vanderbilt Journal of Entertainment and Technology Law 881 (2020) Available at: https://scholarship.law.vanderbilt.edu/jetlaw/vol20/iss3/6 This Note is brought to you for free and open access by Scholarship@Vanderbilt Law. It has been accepted for inclusion in Vanderbilt Journal of Entertainment & Technology Law by an authorized editor of Scholarship@Vanderbilt Law. For more information, please contact [email protected]. Linking the Public Benefit to the Corporation: Blockchain as a Solution for Certification in an Age of "Do-Good" Business ABSTRACT As part of its now-infamous emissions scandal, Volkswagen spent tens of millions of dollars on advertising geared toward environmentally conscious consumers. The scandal is an example of "greenwashing," which, along with the corresponding term "fairwashing," represents the information asymmetry present in product markets that involve claims of social and environmental responsibility in companies' production practices. As consumers and investors demand responsible production practices from both traditional corporations and entities organized under the newer corporateform known as public benefit corporations(PBCs), it becomes even more important to verify that those entities' supply chains are, in fact, meeting standards for the social or environmental responsibility that they purport or strive to have. -
Senate Vote on Trump Trial Signals an Acquittal Is Likely
P2JW027000-6-A00100-17FFFF5178F ****** WEDNESDAY,JANUARY27, 2021 ~VOL. CCLXXVII NO.21 WSJ.com HHHH $4.00 DJIA 30937.04 g 22.96 0.1% NASDAQ 13626.06 g 0.1% STOXX 600 407.70 À 0.6% 10-YR. TREAS. unch , yield 1.039% OIL $52.61 g $0.16 GOLD $1,850.70 g $4.20 EURO $1.2162 YEN 103.62 In India, Farmers’ Protest Over New Law Turns Violent Microsoft What’s News SalesRise 17%Amid Business&Finance Covid-19 icrosoftposted record Mquarterly sales under- pinned by pandemic-fueled Pandemic demand forvideogaming and accelerated adoption of itscloud-computing services Demand for cloud during the health crisis. A1 services, videogaming Walgreens Bootsnamed Starbucks operating chief fuels earnings during Rosalind Brewerasits next work-from-home era CEO,making her the only Black woman leading a BY AARON TILLEY Fortune 500 company. A1 CK J&J said it expectstore- TO MicrosoftCorp. posted re- port pivotal resultsofalarge cord quarterly sales under- clinical trial of itsCovid-19 SHUTTERS pinned by pandemic-fueled de- vaccine by early next week, A/ mand forvideogaming and as the companyposted im- I/EP accelerated adoption of its AG proved quarterly sales. B1 TY cloud-computing services dur- ing the health crisis. GE booked $4.4billion Theremote-work erahas in fourth-quarter cash HARISH STREET CLASH: Indian farmers clash with police in New Delhi on Tuesday after breaking through barriers to escape po- been a boon for Microsoft. In flow,beating itsown pro- lice-approved routes for a tractor rally that coincided with a military parade celebrating India’s Republic Day. -
Page 01 March 11.Indd
ISO 9001:2008 CERTIFIED NEWSPAPER Home | 2 Business | 18 Sport | 25 Qatar Foundation Euro sinks close India sweep to host youth to 12-year to untroubled forum on crime low against 8-wicket win prevention. the dollar. over Ireland. WEDNESDAY 11 MARCH 2015 • 20 Jumada I 1436 • Volume 20 Number 6366 www.thepeninsulaqatar.com [email protected] | [email protected] Editorial: 4455 7741 | Advertising: 4455 7837 / 4455 7780 Emir meets German Vice Chancellor Qatar budget Motorists told surplus at QR100bn DOHA: Qatar’s budget surplus to move cars stood at more than QR100bn by the end of January 2015, despite the sharp decline in global oil prices. Qatar also managed to achieve after accident QR160bn current account sur- plus in the balance of payments during the first nine months of Overtaking from right very common 2014, said QCB Governor H E Sheikh Abdullah bin Saud Al BY SIDI MOHAMED on an experimental basis to see Thani here yesterday. The glo- its effect. bal economic landscape has DOHA: Overtaking from the Meanwhile, the findings of a seen the emergence of new eco- right side is the most common study conducted by Qatar Road nomic, financial and political traffic rule violation, followed by Safety Studies Centre show that challenges that left a negative use of mobile phones by motor- Al Shamal Road was the most impact on the global economy ists while driving, a seminar vulnerable in terms of acci- growth. Global financial markets was told yesterday. dent-related deaths as some experienced huge volatility dur- The other most frequent mis- 54 people died in four years on ing the period. -
Lessons from the Volkswagen Diesel Emissions Scandal∗
Willingness to Pay for Brand Reputation: Lessons from the Volkswagen Diesel Emissions Scandal∗ Xiaogang Chey Hajime Katayamaz Peter Leex December 3, 2019 Abstract In this study, we use the announcement of the Volkswagen emissions scandal on September 18, 2015, as an exogenous shock to measure consumers’ willing- ness to pay (WTP) for brand reputation. Only Volkswagen diesel cars produced in 2009-2015 were announced as emissions violators. Using eBay car auction data, we estimate the impacts of the scandal on the prices of Volkswagen emissions non- violating cars. Our difference-in-differences estimates show that final bid prices decreased by 14% and 9% in diesel and gasoline car markets, respectively, which purely reflected a decline in consumers’ WTP for Volkswagen’s brand reputation. Additionally, the difference in price-drops between the violating and non-violating diesel cars is statistically insignificant. This may be due to the fact that consumers rationally adjust their WTP by expecting compensation which will almost surely be provided by Volkswagen for violating models. Keywords: Volkswagen emissions scandal, willingness to pay, brand reputation. JEL codes: D12, L62. ∗We thank Nejat Anbarci, Anurag Banerjee, Jingnan (Cecilia) Chen, Yiquan Gu, Tilman Klumpp, Georgia Kosmopoulou, Daniel Li, Tong Li, Jingfeng Lu, Justin Marion, Anastasiia Parakhoniak, Leslie Reinhorn, Henry Schneider, Nan Shi, Steven Tadelis, Angel Hernando-Veciana, Le Zhang, and Xiaoyong Zheng for helpful discussions and comments. Early versions of the paper benefited from discussions at the Auction Conference at Lancaster University 2017, the Durham Micro-Workshop 2018, APIO 2019. yCity, University of London, UK. E-mail: [email protected]. zWaseda University, Japan. -
An Inquiry Into How Company Culture Influenced the Volkswagen 2015 Emissions Scandal by Ahmad Ahbab and Matthew Yu Submitted To
An Inquiry into How Company Culture Influenced the Volkswagen 2015 Emissions Scandal by Ahmad Ahbab and Matthew Yu Submitted to Dr. D’Arcy Randall and Matthew Chovanec ChE333T Spring 2019 VOLKSWAGEN EMISSIONS SCANDAL 2 Table of Contents Introduction 3 Martin Winterkorn Outlines a New Plan, and a New Volkswagen 6 Volkswagen Launches Strategy 2018 6 Volkswagen Charms the Public to Expand and Gain Recognition Overseas 7 Implications on Corporate Culture 7 Volkswagen Steers Itself into a Precarious Situation 8 Volkswagen Discovered Cheating Emissions Regulations 8 Defeat Devices explained 10 Volkswagen Denies Allegations of Cheating 11 New Leadership Attempt to Chart a New Course for Volkswagen 12 Impacts of the Scandal on Both Volkswagen and the Public 13 Volkswagen Changes Policy and Develops a More Sustainable Organization 14 Ethical Analysis of the Actions by the Engineers and Management at Fault 14 Violations of IEEE Code of Ethics Tenet 1 and 9 15 Violations of IEEE Code of Ethics Tenet 3 and 7 16 Ethics at Volkswagen Post-Dieselgate 16 Conclusion 18 List of Abbreviations 20 Works Cited 21 List of Tables Table 1: A listing of all affected vehicles identified to contain “defeat devices” 9 Table 2: Tenets 1 and 9 of the IEEE Code of Ethics 15 Table 3: Tenets 3 and 7 of the IEEE Code of Ethics 16 List of Figures Figure 1: Diagram of How VW’s Switch Software Worked 11 Appendices Appendix A: Discussion of NOx Capture Systems (LNT and SCR) 25 VOLKSWAGEN EMISSIONS SCANDAL 3 Introduction Volkswagen is renowned as a global powerhouse in the automobile industry. -
Volkswagen Emission Scandal: Reputation Recovery and Recall Strategy1
W17228 VOLKSWAGEN EMISSION SCANDAL: REPUTATION RECOVERY AND RECALL STRATEGY1 Rachna Shah, Gaganpreet Singh, and Sandeep Puri wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized, or otherwise reproduced in any form or by any means without the permission of the copyright holder. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Business School, Western University, London, Ontario, Canada, N6G 0N1; (t) 519.661.3208; (e) [email protected]; www.iveycases.com. Copyright © 2017, Richard Ivey School of Business Foundation Version: 2017-04-25 We have totally screwed up. Michael Horn, chief executive offer, Volkswagen USA2 The trust-shattering exposure of the Volkswagen Group (VW) emission scandal on September 18, 2015, left Matthias Müller, VW’s newly appointed chief executive officer (CEO), with a daunting management challenge—reputation recovery. Müller’s task was to draw the German multinational automotive manufacturing company out of the abyss of one of the worst reputation crises it had faced since its inception in 1937. The matter came to the fore when the United States Environmental Protection Agency (EPA) slapped a legal notice on VW for violation of the Clean Air Act.3 The EPA accused VW of manipulating nitrogen oxide emissions tests to ensure its EA 189 diesel engines, built during fiscal years 2009–2015, met EPA standards. -
Match Summary
MATCH SUMMARY Match Date and Time Duration Stadium Weather Temp Attendance 7 19-Nov-2008 07:30 PM 90 Al Sadd Club very good 22 13000 QATAR 0 1st Half 1 JAPAN 0 2nd Half 2 0 Ext. Time 3 Penalty Kick Maroon Maroon Maroon White Blue White No. Pos Name G Y R S No. Pos Name G Y R S Start List 1 GK MOHAMED SAQR AHMED 1 GK KAWAGUCHI YOSHIKATSU (C) 2 DF MESAAD ALI A M ALHAMAD 2 DF TERADA SHUHEI IBRAHIM MAJED A 4 DF 92 3 DF UCHIDA ATSUTO ABDULLMAJED TANAKA MARCUS TULIO 5 MF MAJDI ABDULLA SIDDIQ 80 4 DF 68 LYUJI MURZANI MESHAL MUBARAK A M 6 DF 7 MF ENDO YASUHITO BUDAWOOD (C) 11 MF FABIO CESAR MONTESIN 68 8 FW TANAKA TATSUYA 19 71 KHALFAN IBRAHIM KH A AL- 14 MF 10 MF NAKAMURA SHUNSUKE KHALFAN 15 MF TALAL ALI H ALBLOUSHI 11 FW TAMADA KEIJI 47 92 16 DF BILAL MOHAMMED B RAJAB 89 15 DF NAGATOMO YUTO 17 MF HAMID ISMAEIL H KHALEEFA 59 16 FW OKUBO YOSHITO 86 ANDRES SEBASTIAN S 18 FW 17 MF HASEBE MAKOTO QUINTANA Substitutes 3 GK ABDULAZIZ ALI ABDULLA 5 MF KONNO YASUYUKI 7 FW YUSEF AHMED M ALI 6 MF ABE YUKI 8 DF SAAD SATTAM S ALSHAMMRI 9 MF MATSUI DAISUKE 71 9 FW SAYD ALI BECHIR 59 12 FW SATO HISATO 92 MOHAMMED ABDULRAAB A A 10 MF 68 13 FW OKAZAKI SHINJI 86 AL YAZIDI 12 FW MAGID MOHAMAED I HASSAN 90 80 14 MF NAKAMURA KENGO MUSTAFA MOHAMMED 13 DF 18 GK TSUZUKI RYOTA ABDULLA Not Eligible Not Playing Team Coach Team Manager Team Coach Team Manager BRUNO METSU OKADA TAKESHI Delegation Refree Match Commissioner SUN, Baojie (CHINA P.R.) RAMADAN, MAZEN (LEBANON) Assistant Refree 1 Refree Inspector LIU, TIEJUN (CHINA P.R.) ENAYAT, MASOUD (I.R. -
Volkswagen Emissions Scandal: the Perils of Installing Illegal Software
R M B www.irmbrjournal.com March 2017 R International Review of Management and Business Research Vol. 6 Issue.1 I Volkswagen Emissions Scandal: The Perils of Installing Illegal Software PETER STANWICK Auburn University, Department of Management Email: [email protected] SARAH STANWICK Auburn University, School of Accountancy Abstract This paper presents a case study related to the negative impacts of Volkswagen installing illegal software in its automobiles in order to manipulate the emissions level of its diesel vehicles. The case addresses reasons why Volkswagen decided in install the illegal software and highlights the negative consequences of its actions. These negative consequences include significant financial and reputational costs to Volkswagen. Key Words: Volkswagen; Emission Levels, Environmental Standards, Corporate Reputation. Introduction In a stunning announcement on September 18, 2015, the Environmental Protection Agency (EPA) accused Volkswagen of illegally installing software in its diesel cars that manipulated the amount of emissions occurring during testing of the levels of emission. The EPA alleged that Volkswagen used the software to turn on the full emissions control systems for the vehicle only when the vehicle was being tested for emissions. During any other time the vehicle was operating, the full emissions control system was turned off. The software would turn on the control systems when the car was running in a stationary position since that would be the condition when the car was being tested for emissions. The EPA estimated that when the full emissions control system had been turned off, the vehicle could release up to 40 times as much of the pollutant nitrogen oxide than is allowed under the Clean Air Act. -
[2]Eric Schlosser, Command and C
大惨事と情報隠蔽 原注 Handbook for Communicating まえがき Environmental, Safety, and Health Risks, Battelle Press, 2004 [1]Scott D. Sagan, The Limits of Safety, [7]Regina E. Lundgren and Andrea H. Princeton University Press, Philadelphia, McMakin, Risk Communication: A 1995 Handbook for Communicating [2]Eric Schlosser, Command and Control, Environmental, Safety, and Health, Nuclear Weapons, the Damascus Accident, Wiley-IEEE Press, 2013 and the Illusion of Safety, Penguin Books, [8]Timothy L. Sellnow, Robert R. Ulmer, 2014 Matthew W. Seeger and Robert Littlefield, [3]Mikhail Gorbachev, Turning Point at Effective Risk Communication: A Chernobyl, Project Syndicate, April 14, Message-Centered Approach, Springer, 2006, http://www.project-syndicate.org/ 2009 commentary/turning-point-at-chernobyl [9]Peter Bennett, Kenneth Calman, Sarah [4]Dan Ariely, Predictably Irrational: The Curtis and Denis Smith, Risk Hidden Forces That Shape Our Decisions. Communication and Public Health, Harper Perennial, New York, 2010(ダン・ア Oxford University Press, 2010 リエリー『予想どおりに 不合理―行動経済学が [10]Robert L. Heath and H. Dan O'Hair, 明かす「あなたがそれを選ぶわけ」』熊 谷 淳 子 訳 、 Handbook of Risk and Crisis 早川書房、2008年) Communication, Routledge, 2010 [11]Pamela (Ferrante) Walaski, Risk and 第1部 リスク情報隠蔽はなぜ問題か Crisis Communications: Methods and Messages, Wiley, 2011 [1]Hedberg, B., How organizations learn [12]James E. Lukaszewski, Lukaszewski on and unlearn, in: Nyström, P.C. & Starbuck, Crisis Communication: What Your CEO W.H., Handbook of Organizational Needs to Know About Reputation Risk and Design, Oxford University Press, 1981 Crisis Management, Rothstein Associates [2]Mullins, L.J. and G. Christy, Inc., 2013 Management & Organisational Behavior, [13]Joseph Arvai and Louie Rivers III, Financial Times Management, May 2010 editors, Effective Risk Communication, [3]Lee Clarke, Mission Improbable: Using Routledge, 2013 Fantasy Documents to Tame Disaster, [14]Robert R. -
JAVAD NEKOUNAM Shaikh Salman
QUARTERLY THE OFFICIAL MAGAZINE OF THE ASIAN FOOTBALL CONFEDERATION ISSUE 3 JAVAD Shaikh Salman New AFC President NEKOUNAM tells of his plans to Iran’s captain bring unity to Asia fantastic steers Team Melli to Brazil 2014 Quarter-finals ISSUE Preview PLUS OMAN The Sultanate striving for greater July3 2013 professionalism ALI AL HABSI BURIRAM UNITED WOMEN’S ASIAN CUP Middle East’s goalkeeping Thai FA Cup winners set their Jordan advance to first finals icon on Wigan Athletic’s sights on making their alongside Vietnam, Thailand and FA Cup triumph and inspiring mark at the highest level Myanmar to join Australia, Japan, the next generation of Asian club football China and Korea Republic hypervenom 2 july neymar.pdf 1 2/7/13 4:46 PM CONTENTS QUARTERLY Issue No. 3 July-September 2013 Official quarterly publication of the Asian Football Confederation Published on behalf of the Asian Football Confederation by Asian Sports Media in conjunction with World Sport Group Asian Football Confederation AFC House, Jalan 1/155B, Bukit Jalil 5700 Kuala Lumpur Malaysia Tel: +603 8994 3388 18 Fax: + 603 8994 2689 Interview: Shaikh Salman www.the-afc.com Bin Ebrahim Al Khalifa President: Shaikh Salman Bin Ebrahim Al Khalifa MEET THE NEW BOSS Vice Presidents: Zhang Jilong C HRH Prince Abdullah Ibni Sultan Ahmad Shah M Yousuf Yaqoob Yousuf Al Serkal Moya Dodd Y Ganesh Thapa 24 – JAVAD NEKOUNAM 42 – AFC CHAMPIONS CM With qualification for the FIFA World Cup LEAGUE PREVIEW FIFA Vice President: finals sealed, Javad Nekounam is setting HRH Prince Ali Bin Al Hussein MY The field contesting the continent’s his sights on even more success leading club competition is down to FIFA Executive Committee CY just eight. -
Agenda and Meeting Material
Agenda Investment Advisory Council (IAC) Wednesday, September 11, 2019, 1:00 P.M.* Hermitage Room, First Floor 1801 Hermitage Blvd., Tallahassee, FL 32308 1:00 – 1:05 P.M. 1. Welcome/Call to Order/Approval Bobby Jones, Chair of Minutes (See Attachments 1A – 1B) (Action Required) 1:05 – 1:15 P.M. 2. Opening Remarks/Reports Ash Williams (See Attachments 2A – 2E) Executive Director & CIO 1:15 – 2:15 P.M. 3. Asset Liability Review Aon Hewitt (See Attachment 3) Phil Kivarkis Kristen Doyle 2:15 – 3:15 P.M. 4. Global Equity Asset Class Alison Romano, SIO Review Tim Taylor, SIO (See Attachments 4A – 4B) Mercer Jay Love Savannah Finney Investment Advisory Council – Agenda September 11, 2019 Page 2 3:15 – 3:45 P.M. 5. SIO Updates Katy Wojciechowski, SIO DC Programs Update Fixed Income Investment Programs & Steve Spook, SIO Governance Office Update Real Estate (See Attachments 5A – 5F) John Bradley, SIO Private Equity Trent Webster, SIO Strategic Investments Walter Kelleher, Director Educational Services Defined Contribution Programs Michael McCauley, Investment Programs & Governance Officer 3:45 – 4:00 P.M. 6. Major Mandate Performance Aon Hewitt Review Kristen Doyle (See Attachment 6) 4:00 – 4:15 P.M. 7. IAC Compensation Subcommittee Bobby Jones, Chair Update (See Attachment 7) (Action Required) 4:15 – 4:25 P.M. 8. Audience Comments/December Bobby Jones, Chair Meeting Date/Proposed 2020 Meeting Dates/Closing Remarks/ Adjourn (See Attachments 8A – 8B) *All agenda item times are subject to change. 2 APPEARANCES IAC MEMBERS: STATE BOARD OF ADMINISTRATION OF FLORIDA BOBBY JONES PETER COLLINS VINNY OLMSTEAD PETER JONES GARY WENDT CHUCK COBB INVESTMENT ADVISORY COUNCIL MEETING TOM GRADY (telephonically) SEAN McGOULD (telephonically) SBA EMPLOYEES: ASH WILLIAMS, EXECUTIVE DIRECTOR KENT PEREZ TUESDAY, JUNE 18, 2019 JOHN BENTON 1:05 P.M. -
JERE BEASLEY REPORT November 2017 I
e JERE BEASLEY REPORT November 2017 I. website at expo.beasleyallen.com to Glover at 800-898-2034 or by email at reserve your spot. We look forward to [email protected]. CAPITOL seeing you! OBSERVATIONS II. INAUGURAL ATLANTA LEGAL SUMMIT DRAWS ORE HAN AWYERS BEASLEY ALLEN LEGAL CONFERENCE SET FOR M T 100 L AUTOMOBILE NOV. 16 & 17 IN MONTGOMERY Last month it was an honor for our firm NEWS OF NOTE The 11th annual Beasley Allen Legal to partner with The Cooper Firm and Conference & Expo is set for Nov. 16 and host the inaugural Atlanta Legal Summit GENERAL MOTORS AGREES TO $120 MILLION 17 in Montgomery, Alabama. As many as for the Georgia Plaintiffs’ Bar. More than IGNITION SWITCH SETTLEMENT WITH STATES 2,000 lawyers are expected to attend the 120 of the best and brightest lawyers in two-day event, the largest gathering of its private practice in the state gathered in the Ritz Carlton Ballroom for a day of General Motors Co. (GM) will pay $120 kind in the state. Actually, it will be one million to state attorneys general to settle of the top five legal conferences in training and networking. Lance Cooper of The Cooper Firm wel- claims that the automaker concealed the the nation. now well-known ignition-switch defect. We have a variety of speakers, includ- comed attendees and shared the story of ing lawyers from Beasley Allen as well as how the partnership between our firms special guest speakers who are political originated. He praised the culture of IN THIS ISSUE and community leaders.