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THE BROWN AND WHITE Lehigh University’s Student Newspaper Founded in 1894 SPORTS Football to compete in spring game Page 16 ONLINE Take our online poll: Who committed the Boston bombings? Chinese pavillion to be dedicated Sat Page 7 LIFESTYLE Vol. 124 No. 22 Friday, April 19, 2013 ‘All the Lehigh News First’ B&W photo by ABBY SMITH The group of Lehigh officials and students and Rising Tide representatives gather for a group shot following the press conference where they announced the new partnership between the two organizations. Lehigh, Rising Tide forge partnership By ABBY SMITH Lehigh University officials and students, along with representatives of The Rising Tide Community Loan Fund, announced a new partnership between the university and Rising Tide Tuesday afternoon. “The new partnership that we announce today involves two main components, a combination we believe makes it unique,” said Todd Watkins, president of the board of Rising Tide and director of the entrepreneurship and microfinance programs at Lehigh. “We’re unaware of any other such program in the nation between a university and a CDFI.” Rising Tide is a non-profit, federally certified CDFI, or Community Development Financial Institution, which awards loans to community businesses with a focus on low-to-moderate income areas. Overall, Rising Tide has lent $2.9 million to 106 businesses in the Lehigh Valley and is in turn responsible for the creation of 163 jobs and the retention of at least 180 jobs, Watkins said. The announced partnership between Rising Tide and Lehigh consists of two components. First, the university will loan $250,000 to Rising Tide for five years, without accumulating interest, to enable lending to South Bethlehem businesses. “It is Lehigh’s intent to support the businesses in our immediate community by making funds available to them through the Rising Tide organization,” said Dale Kochard, Lehigh’s assistant vice president of community and regional affairs. The second component of the part ‘Families come in all shapes, sizes’: LGBTQIA panel discusses By DOUGLAS BAJAN LGBTQIA Services hosted its annual “LGBTQIA Families” discussion panel on Tuesday in the University Center. The panelists shared their personal backgrounds and how they discovered their own sexuality and started their non-traditional families. “We have held this panel for the past few years and it is always one of the programs that our students look forward to,” said Kim Ketterer, the director of LGBTQIA Services. “It is an important program for the students and Lehigh Community to see that families come in all shapes, sizes and configurations.” The panel, which was led by graduate assistant Will Valliere, consisted of three individuals: Darius Mooring, current graduate student and former Lehigh bookstore employee; Seth Goren, director of Jewish Student Life and associate chaplain; and Ainsley Lamberton, administrative director of the Office of the Vice Provost for Research and Graduate Studies. “The panel helps to share the options that exist for LGBTQI people who want children and some of what those experiences look like,” Ketterer said. “They talk about how they formed their family, reactions they may have received from doctors, teachers, and the community to their Visiting professor addresses business ethics, dilemmas By ELIZABETH HALLER Students and faculty learned about international business ethics on Monday in Perella Auditorium from a visiting professor from the University of Pennsylvania’s Wharton School. Thomas Donaldson, director of the Zicklin Center for Business Ethics Research and professor of ethics and law at Wharton, focused his speech on international business ethics, including bribes and sensitive payments, as well as home and host country standards. He said that bribery involves two different categories that go hand in hand. The first is deontological, which is the offering of something of value for a purpose, and the second is consequential, which deals with outcomes that result in negative economic impact. He then went on to explain that between home and host country standards, there are two types of conflict. The first type is conflict of relative development, and the second type is conflict of cultural traditions. Cultural tradition deals with the host’s country’s opinion that their practice is culturally acceptable rather than economic in nature. Donaldson demonstrated how business ethics work by using examples of case studies and asking audience members what they would do in different business situations. “It is really tempting to suppose that the only statements that are meaningful could be true are potentially falsifiable,” he said. Donaldson also explained the logics of ethics. He said that this includes the two models of ethical reasoning that relate to deontological and consequential principles. The deontological principles deal with rights and personal conduct, and the consequential principle deals with safety. “We need different methods. One place where we can look is the history of ethical philosophy,” he continued. “We can apply this stuff straightforwardly and also provide some serious thinking about the different steps that need to be taken.” Donaldson ended his speech by asking the audience what individuals and individual firms should do in contexts where bribery is common. “Bribery deserves some serious thought,” Donaldson said. Accounting professor Joseph Manzo said that he hopes that students gain an understanding for making business ethical decisions by knowing what they are getting into. He also said that it is important that students get an understanding of how hard making the right decision can be and, after gaining some background knowledge, they will be able to make the best decision possible. “You can teach in the classroom tools, you can teach history, you can teach so many things but what is hard in business in almost every setting is how complex it can be, how difficult it can be and what you need to do to See LGBTQIA Page 3 See ETHICS Page 5 See RISING TIDE Page 4
Object Description
Title | Brown and White Vol. 124 no. 22 |
Date | 2013-04-19 |
Month | 04 |
Day | 19 |
Year | 2013 |
Volume | 124 |
Issue | 22 |
Type | Newspaper |
Source Repository | Lehigh University |
Coverage | United States, Pennsylvania, Lehigh, South Bethlehem |
LCCN | 7019854 |
Source Repository Code | LYU |
Digital Responsible Institution | Lehigh University |
Digital Responsible Institution Code | LYU |
Issue/Edition Pattern | Semiweekly |
Title Essay | Published twice a week during the college year by the students of Lehigh University |
Description
Title | Page 1 |
Date | 2013-04-19 |
Type | Page |
FullText | THE BROWN AND WHITE Lehigh University’s Student Newspaper Founded in 1894 SPORTS Football to compete in spring game Page 16 ONLINE Take our online poll: Who committed the Boston bombings? Chinese pavillion to be dedicated Sat Page 7 LIFESTYLE Vol. 124 No. 22 Friday, April 19, 2013 ‘All the Lehigh News First’ B&W photo by ABBY SMITH The group of Lehigh officials and students and Rising Tide representatives gather for a group shot following the press conference where they announced the new partnership between the two organizations. Lehigh, Rising Tide forge partnership By ABBY SMITH Lehigh University officials and students, along with representatives of The Rising Tide Community Loan Fund, announced a new partnership between the university and Rising Tide Tuesday afternoon. “The new partnership that we announce today involves two main components, a combination we believe makes it unique,” said Todd Watkins, president of the board of Rising Tide and director of the entrepreneurship and microfinance programs at Lehigh. “We’re unaware of any other such program in the nation between a university and a CDFI.” Rising Tide is a non-profit, federally certified CDFI, or Community Development Financial Institution, which awards loans to community businesses with a focus on low-to-moderate income areas. Overall, Rising Tide has lent $2.9 million to 106 businesses in the Lehigh Valley and is in turn responsible for the creation of 163 jobs and the retention of at least 180 jobs, Watkins said. The announced partnership between Rising Tide and Lehigh consists of two components. First, the university will loan $250,000 to Rising Tide for five years, without accumulating interest, to enable lending to South Bethlehem businesses. “It is Lehigh’s intent to support the businesses in our immediate community by making funds available to them through the Rising Tide organization,” said Dale Kochard, Lehigh’s assistant vice president of community and regional affairs. The second component of the part ‘Families come in all shapes, sizes’: LGBTQIA panel discusses By DOUGLAS BAJAN LGBTQIA Services hosted its annual “LGBTQIA Families” discussion panel on Tuesday in the University Center. The panelists shared their personal backgrounds and how they discovered their own sexuality and started their non-traditional families. “We have held this panel for the past few years and it is always one of the programs that our students look forward to,” said Kim Ketterer, the director of LGBTQIA Services. “It is an important program for the students and Lehigh Community to see that families come in all shapes, sizes and configurations.” The panel, which was led by graduate assistant Will Valliere, consisted of three individuals: Darius Mooring, current graduate student and former Lehigh bookstore employee; Seth Goren, director of Jewish Student Life and associate chaplain; and Ainsley Lamberton, administrative director of the Office of the Vice Provost for Research and Graduate Studies. “The panel helps to share the options that exist for LGBTQI people who want children and some of what those experiences look like,” Ketterer said. “They talk about how they formed their family, reactions they may have received from doctors, teachers, and the community to their Visiting professor addresses business ethics, dilemmas By ELIZABETH HALLER Students and faculty learned about international business ethics on Monday in Perella Auditorium from a visiting professor from the University of Pennsylvania’s Wharton School. Thomas Donaldson, director of the Zicklin Center for Business Ethics Research and professor of ethics and law at Wharton, focused his speech on international business ethics, including bribes and sensitive payments, as well as home and host country standards. He said that bribery involves two different categories that go hand in hand. The first is deontological, which is the offering of something of value for a purpose, and the second is consequential, which deals with outcomes that result in negative economic impact. He then went on to explain that between home and host country standards, there are two types of conflict. The first type is conflict of relative development, and the second type is conflict of cultural traditions. Cultural tradition deals with the host’s country’s opinion that their practice is culturally acceptable rather than economic in nature. Donaldson demonstrated how business ethics work by using examples of case studies and asking audience members what they would do in different business situations. “It is really tempting to suppose that the only statements that are meaningful could be true are potentially falsifiable,” he said. Donaldson also explained the logics of ethics. He said that this includes the two models of ethical reasoning that relate to deontological and consequential principles. The deontological principles deal with rights and personal conduct, and the consequential principle deals with safety. “We need different methods. One place where we can look is the history of ethical philosophy,” he continued. “We can apply this stuff straightforwardly and also provide some serious thinking about the different steps that need to be taken.” Donaldson ended his speech by asking the audience what individuals and individual firms should do in contexts where bribery is common. “Bribery deserves some serious thought,” Donaldson said. Accounting professor Joseph Manzo said that he hopes that students gain an understanding for making business ethical decisions by knowing what they are getting into. He also said that it is important that students get an understanding of how hard making the right decision can be and, after gaining some background knowledge, they will be able to make the best decision possible. “You can teach in the classroom tools, you can teach history, you can teach so many things but what is hard in business in almost every setting is how complex it can be, how difficult it can be and what you need to do to See LGBTQIA Page 3 See ETHICS Page 5 See RISING TIDE Page 4 |
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