Gerald F. Cavanagh, S.J. reflects on the myriad instances of ethical shortfalls in the nation’s financial sector in “What’s Good for Business?”, and explores how professors at business schools in the Catholic tradition can inculcate ethics and values in their students. Cavanagh highlights the church’s long history of social teaching, and concludes that, “An atmosphere in which students deal with peers and teachers in an honest, one-on-one way, and have opportunities to help others, including the poor, is an environment that encourages the development of good acts and moral habits.”
Below are profiles of business leaders who hold degrees from Catholic universities and business schools, including two who were named among the most ethical of American CEOs by BusinessWeek magazine.
The chairman of TD Ameritrade, the world’s largest online brokerage firm, Joe Moglia holds a BA in economics from
Stephen McGowan, who holds an MBA from the Graduate School of Business at Loyola Chicago University, was the chief financial officer of Sun Microsystems from 2
Ted Leonis, a longtime executive of AOL, is now the owner of various sports teams, including the Washington Capitols, an NHL franchise.