Word: bazerman
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Straus Professor of Business Administration Max H. Bazerman said that he had lost faith in some government officials...
...trust you,” said Bazerman, “but how do we trust the government when we know they’ve lied...
...ongoing case, the government must prove both that there was a conspiracy on the part of the tobacco companies to commit fraud and that such misconduct will continue if the government does not intervene, Bazerman explained...
...early March, the Justice Department asked Bazerman, who is reputed to be an expert on decision making and negotiations, to testify in the case. His testimony was intended to show that there is a conflict of interest between profitability and misconduct in this instance and that tobacco executives are inclined to act in self-serving ways...
...written testimony, which the Justice Department approved in late March, Bazerman recommended that the court consider several major structural changes in the tobacco industry, including eliminating economic incentives for companies to sell cigarettes to young people, modifying compensation policies for tobacco executives to encourage compliance with the law, removing senior executives, requiring that all research for those companies be contracted out to independent companies monitored by the court, and forcing the companies to sell all their research concerning the manufacturing and marketing of safer cigarettes...