1. Shareholders Feel the Pain When Companies Take an Ethical Hit

    Shareholders Feel the Pain When Companies Take an Ethical Hit

    Carnival Corp. and its subsidiary Princess Cruise Lines was fined $20 million earlier this month by the U.S. Department of Justice for violating the terms of probation and dumping plastic and other waste overboard. The original transgression cost the company $40 million two years ago. The case points out, pardon the pun, how hard it is to “turn the ship around” when the ship is a large, multinational company...

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