|
|
|
|
 Preshow Return to index of stories... |
Next on New Hampshire Outlook. |
| Hello Return to index of stories... |
Hello. I'm Allison McNair. Welcome to NH Outlook. |
| Intro BIZ Ethics Return to index of stories... |
New Hampshire's Tyco International is one of many big corporations across the country trying to regain financial integrity in the wake of a series of scandals. It reportedly is working on an arbitration claim against its former Chief Financial officer. The claim seeks repayment of millions in severance compensation paid to the C-F-O before his resignation. So what about the business scandals that have plagued the likes of Tyco, WorldCom and Enron? Recently the University of New Hampshire's Whittemore School of Business and Economics held a panel discussion on the Accounting Crisis. Three of the panelists joined us in studio and we asked them who is to blame for the rash of business scandals? |
| Business Ethics Return to index of stories... |
How did the Enrons Worldcoms and Tycos happen? What about loss of confidence in the market? Where do we go from here - what's being done? 1. How did we get here - who's to blame for the Enrons the Tycos the Worldcoms 1a Impact of the erosion of confidence by investors or downright collapse of confidence Historically has it happened before - how long til confidence returns How important is that trust or perception of the public? 1b What about estabishing company codes of conduct does that really work - John you brought in the Enron Code of Ethics book 2. Role of Accounting Firms 2a. Perception of accountants well below that of lawyers now 2b Some people impatient that we haven't seenaction taken against trangressors yet - why 3. New Legislation - Sarbanes/Oxley Act - What does it do and how will it help what does it do how does it help? 4. How can we know if company we want to invest in is on the up and up 4a What about issuing quarterly reports - are they accurate? Put out with a"hope and a prayer?" 5. Forensic Acctng - what is it 6. Report of core earnings what does that involve 7. When employees put their own company stock in their 401ks is it responsibility of company to provide Financial education/advice? |
| Intro World Bank Return to index of stories... |
Many young people concerned about business ethics were in Washington, DC last week, taking part in protests at the annual meeting of the World Bank. Some New Hampshire students were among them. Boston University Journalism Center intern Sarah Montalto has more. |
| World Bank Return to index of stories... |
Rori Olen and Sarah Montalto IMF/World Bank Protests Founded in Bretton Woods New Hampshire in 1944 as one of the world's largest sources of development assistance, The World Bank is designed to bring financial relief to some of the worlds poorest nations. But in recent years the bank and its programs have come under attack each time the 184 member nations meet. This year four Dartmouth students made the journey to D.C to express their opposition to the bank. Kate SOT -- I don't think you could get enough people here to demonstrate the monstrosity of what they have done to people all over the world. I personally feel being here is one of the most important things I could do even in my whole entire Dartmouth career. Many of the students believe that the bank's Structural Adjustment Programs promote sweatshops in poorer nations and bring rich exports and high return investments to wealthy nations. The bank lends billions of dollars each year to struggling countries, however along with a loan comes a high interest rate that can lead to a huge debt. In an attempt to pay back these debts, countries often take money that would otherwise go towards health care and education. Protesters demand this debt be dropped. Kate SOT-- When you charge high interest rates on these loans, the rich countries get richer and the poor countries get poorer. Most who gathered in Washington also protested big business in the United States. Reporter Stand Up- One of the main rally's was held here in front of the Washington monument where protesters used puppets and music to express their views on corporate and US responsibility. With American under such scrutiny from other countries and it's own citizens on issues like corporate scandal, The War on Terror and a possible war with Iraq, the students feel America has the chance to do what is right. Sally SOT-Now would be the perfect opportunity for us to show that we do understand that it's our daily actions that do have an influence all around the world. But not everyone feels the US deserves such harsh criticism. Bill SOT-People are clamoring to come here. They're not clamoring to go to Cuba, China or Asia or anywhere else in the world. It is hard to say whether or not the bank will change its practices but with around 2,000 protesters their voice was certainly heard. Reporting in Washington, I'm Rori Olen. |
| Intro Child Abduction Return to index of stories... |
Media attention paid to child abductions would make it seem as though those types of crimes are on the rise. Now a new study has been released that looks at the numbers. One of its authors is - Dr. David Finkelor - at the Crimes against Children Research Center at the University of New Hampshire. Dr. Finkelhor was at the White House last week to share his findings. We asked him if there has been an increase in child abductions |
| Bump Return to index of stories... |
For more information on Dr. Finkelhor's study on Children Abducted by Family Members: National Estimates and Characteristics you can visit the National Criminal Justice Reference Service at ncjrs-dot-org. |
| Tomorrow Return to index of stories... |
On the next New Hampshire Outlook - debating the impact of a war with Iraq. |
| Goodnight Return to index of stories... |
That's it for this edition of our program. For all of us here at New Hampshire Public Television, I'm Ally McNair. Thanks for joining us. We'll see you next time on New Hampshire Outlook. |
| founders Return to index of stories... |
Thanks to our founding sponsors who have provided major funding for the production of New Hampshire Outlook: New Hampshire Charitable Foundation Public Service of New Hampshire Alice J. Reen Charitable Trust Putnam Foundation Stratford Foundation |
| key: Economy/ Business Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 10/07/02 22:00 HOST: Allison McNair Length: 27:16 minutes In this edition of New Hampshire Outlook, NHPTV's nightly news magazine, we focus on corporate scandals and the ethics of business. The University of New Hampshire's Whittemore School of Business and Economics held a panel discussion on the Accounting Crisis. Three of the panelists joined us in studio and we asked them who is to blame for the rash of business scandals? PRODUCER/REPORTER: Allison McNair PARTICIPANTS: Prof. John Freear\UNH Accounting & Finance Lynn Turner\Fmr Chief Accountant of SEC Sherwood Small\Boston Private Value Investors, Inc |
| key: Economy/ Business Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 10/07/02 22:00 HOST: Allison McNair Length: 27:16 minutes In this edition of New Hampshire Outlook, NHPTV's nightly news magazine, we focus on corporate scandals and the ethics of business. Boston University Journalism Center interns follow New Hampshire students among the protests at the annual meeting of the World Bank in Washington, DC. PRODUCER/REPORTER: Allison McNair PARTICIPANTS: Kate Sherman\Dartmouth Student Sally Newman\Dartmouth Student Steve Evans\Pro-Capitalist |
| key: Crime Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 10/07/02 22:00 HOST: Allison McNair Length: 27:16 minutes In this edition of New Hampshire Outlook, NHPTV's nightly news magazine, we changed gears from Coporate Scandal and Business ethics to Child abduction and a new study released that looks at the numbers. One of its authors is - Dr. David Finkelor - at the Crimes against Children Research Center at the University of New Hampshire. Dr. Finkelhor was at the White House last week to share his findings. We asked him if there has been an increase in child abductions PRODUCER/REPORTER: Allison McNair PARTICIPANTS: Dr. David Finkelor\Crimes against Children Research Center - UNH |
| key: Youth Return to index of stories... |
NEW HAMPSHIRE OUTLOOK Air Date/Time: 10/07/02 22:00 HOST: Allison McNair Length: 27:16 minutes In this edition of New Hampshire Outlook, NHPTV's nightly news magazine, we changed gears from Coporate Scandal and Business ethics to Child abduction and a new study released that looks at the numbers. One of its authors is - Dr. David Finkelor - at the Crimes against Children Research Center at the University of New Hampshire. Dr. Finkelhor was at the White House last week to share his findings. We asked him if there has been an increase in child abductions PRODUCER/REPORTER: Allison McNair PARTICIPANTS: Dr. David Finkelor\Crimes against Children Research Center - UNH |
| Tonight 10:00 Return to index of stories... |
Tonight on New Hampshire Outlook. Join us tonight at 10:00 only on New Hampshire Outlook. |
| website Return to index of stories... |
For information on our program, and links to our guests and interviews, visit our web site at nhptv.org. You can see and hear streaming video of our broadcasts. If you've got a story idea or comment on our program, click the feedback button on our website. Or, call us at 800-639-2721. |