Microsoft (NASDAQ:MSFT), Adobe (NASDAQ:ADBE), Cisco (CSCO) and eBay (NASDAQ:EBAY) all made a list of most ethical companies in the world, as compiled by the Ethisphere Institute, while tech giants Apple (NASDAQ:AAPL), Facebook and Google (NASDAQ:GOOG) didn't make the cut this time around.
Of the approximate 3,000 or more companies that apply to be on the list, only 110 make it.
Criteria for the list includes nominations from peers, sustainable business practices, and the history of a company for regulatory infractions.
If a company has had any major legal problems over the last five-year period, they are automatically disqualified, which speaks to some of the techs being investigated in Europe over antitrust violations.
EBay closed Wednesday at $29.73, falling $0.71, or 2.33 percent. Cisco closed at $17.05, dropping $0.34, or 1.96 percent. Adobe closed at $32.09, down $0.95, or 2.88 percent. Microsoft closed at $24.79, falling $0.60, or 2.36 percent.
The "Ethisphere Institute" is a COMPLETE fabrication. Those of us living in the real world know that Ebay, of all entities, should not be on this list. Ebay is THE MOST unethical entity in America today.
ReplyDeleteThe "Ethisphere Institute" should be fully investigeted, then terminated.
The damage this evil contrivance is doing is horrendous.
l love ebay ... dont spread hatred.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteYeah, since you don't agree with the results, this organization should be terminated. Hatred's a powerful drug, mate. Get help.
ReplyDeleteWe're talking about STOCK FRAUD here.
ReplyDeleteFairy tales and fluffiness of an imaginary do-good company have no place in the business world.
A Federal investigation is sorely needed here. Otherwise innocent people will lose their hard earned money. The loss is preventable.