("Morten: And what are we going to do, when you have made ...)
"Morten: And what are we going to do, when you have made liberal-minded and high-minded men of us? Dr. Stockman: Then you shall drive all the wolves out of the country, my boys!" (Ibsen, An Enemy of the People, Act V) The theoretical and empirical research of this book describes how the traditional safeguards of the rights of minority shareholders have failed in their duty and how those shareholders have remained practically without any protection against the arbitrariness of the companies and majority shareholders. The law, the SEC, society, boards of directors, independent directors, auditors, analysts, underwriters and the press have remained in many cases worthless panaceas. Nevertheless, in the Ethics of 2000 new vehicles have been developed for the protection of minority shareholders, mainly the Internet, transparency, activist associations and ethical funds. Those vehicles give the shareholders at least the chance to understand the pattern and methods that are utilized to wrong them and give them a viable alternative for investment in ethical funds. The new vehicles will prevent minority shareholders from using the Armageddon weapon, by ceasing to invest in the stock exchange and causing the collapse of the system, that discriminates against them.
(“The truth can wait, for it lives a long life” (Arthur Sc...)
“The truth can wait, for it lives a long life” (Arthur Schopenhauer, German philosopher, 1788-1860) The philosopher Schopenhauer believed in the eventual triumph of truth, despite the disappointments engendered by his indifferent contemporaries. Two centuries later, we live in a time of accelerated changes, and we do not have the long life to wait for the truth. Activist business ethics, business ethics with a more activist militant approach, is needed in order to remedy the wrongdoing committed to the stakeholders and minority shareholders. This will be achieved by cooperation between ethical businessmen and businesswomen, activist academics and associations of stakeholders and minority shareholders. We should treat others as we would want them to treat us, not through interest, but by conviction. Yet this principle is not the guideline of many companies in the modern business world, although most of religions and philosophers have preconized it in the last 3,000 years. How could we convince or compel modern business to apply this principle and is it essential to the success of economy? In order to answer these questions this book examines the evolution of activist business ethics in business, democracies, Christianity, Judaism, Islam, Buddhism and other religions, as well as in philosophy, psychology and psychoanalysis. The book examines international aspects, the personification of stakeholders, the predominance of values and ethics for CEOs and the inefficient safeguards of the stakeholders’ interests.
Bachelor in Economics and Political Sciences, Hebrew University, 1966. Master of Business Administration in Business Administration, European Institute of Business Administration (Institut Européen d'Administration des Affaires), Fontainebleau, France, 1968.
2004-2013 Lecturer at the MBA, International MBA, MA, BA programs, and 17 classes of the Naval Academy, at The University of Haifa, Israel, on: Corporate Governance, Business Administration, Social & Economic Justice, Business Ethics, CSR - Corporate Social Responsibility, Sustainability, Globalization, M&A - Mergers & Acquisitions, Business and Government, Leadership and Stakeholders, NGOs and the Public Sector. Elected in 2005 as the Best Lecturer of the University of Haifa and received appreciation letters from deans and students.
2010-2011 Lecturer at the International MBA program in English, at The Tel Aviv University, Israel, on: The Future of Capitalism in a Sustainable Society, a Contemporary Course in the Context of the Great Recession of 2007-2010; and a Course on Business Ethics.
2009-2010 Lecturer at the Executive MBA program, at The Technion Israel Institute of Technology, Tel Aviv, Israel, on: Business Ethics & the Future of Capitalism in a Sustainable Society.
2006 Visiting Professor, INSEAD, Singapore, on: Semestrial Course of Business Ethics - 'Individual, Business & Society: The Ethical Dilemma'.
2005 Lecturer at the Ruppin Academic Center on Business Ethics.
2010-2014 Lecturer at the Carmel Academic Center in English and in Hebrew on Business Ethics and the Future of Capitalism.
2014 Writing of Ethical Code, 10 Case Studies, and Training for Sibat, the International Defense Cooperation Agency
2006 Chairman of the Advisory Board, Taditel, Israel.
2005 Business Manager CycleTec, affiliate of American Israeli Paper Mill, Israel.
2002 General Manager Corporate Recovery Management, W&S Israel.
1981 - 2000 Top-level management of large and small hi-tech companies, M&A and strategic partnerships, international business, know-how transfer with conglomerates, shares and debentures offerings in the US & Israel, subsidiaries management, international turnarounds, initiating new ventures. Business activities in France, US, Europe, Israel.
Turnaround Plans and successful implementation of Elbit (1981-1982), Elscint's subsidiaries (1987-1988), NBase (1995-1996), and other companies, in hi-tech and low-tech, in France, the US and Israel, increasing in several cases valuation by more than 1,000%.
M&A and JV Negotiations of Israeli, U.S., Canadian, French, German, and Spanish companies in the computer, Internet, data communication, telecom, imaging, semi-conductor, and aerospace industries. Due diligence, negotiations, 100 business plans, strategic planning.
Technology Transfer: conducting of negotiations and agreements, including development, manufacturing and marketing rights, between large European, American and Israeli companies, such as Nixdorf, Alcatel, Hon and Global. Management of a Satellite Communications Consortium (1991-1993) comprised of some of the largest Israeli companies: IAI, Rafael/Galram, Elisra, Gilat, Technion.
Management: (1981-1987) Vice President in charge of business activities, sales and finance of Elbit, one of the largest Israeli hi-tech companies. Was directly responsible for the transition from heavy losses to peak profits, M&A, and international business breakthrough. Managed U.S. and Israeli public offerings. Member of U.S. and Israeli Boards of Directors. Initiated and managed Strategic Planning.
1973-1980: Sales Manager and Head of the Defense Sales Department at Elbit, Israel.
1970-1973: Export Manager and Assistant to the Executive CEO at Electra, Israel.
1968-1970: Assistant to the Strategic Planning VP of Israel Aircraft Industries, Israel.
2013 – Member of the Advisory Board of I.Q.L. The Israeli Directors Forum Ltd. The Forum (Integrity, Quality & Leadership) is designed to upgrade the work of directors as well as to enrich and equip them with professional tools for performance of their duty.
2012 - Initiating a proposal for the Award of Sustainable Justice Prizes in Israel and in other countries, member of the Prize Committee with well-known ethical experts in the award fields of: Social Justice, Economic Justice, Governmental Justice, Environmental Justice, Media Justice, Educational Justice & Cultural Justice, i.a. Nobel Prize laureate Professor Dan Shechtman, famous playwright Joshua Sobol, and leading professors, journalists & activists.
2011 - Organization of Symposium on Social & Economic Justice with the University of Haifa & Ometz in Haifa, Israel. Lecture by Cory, Participation of Leading Professors, Businessmen, Social Activists, NGO Leaders & Daphni Leef. Symposium filmed by the Academic Channel.
Participation in the Forums of the Israeli Social Protest Movement and Others for Enhancing Social Justice in Israel, Transparency, Ethics, & Reducing Business & Government Relations.
2001 - Lectures at Conferences, Universities, Organizations, Companies and Governmental Forums, in the U.S., Europe and Israel. Transcripts, Films & Articles on Lectures – on Cory's website.
Transparency International, Berlin – Drawing Lessons from the Great 2008 Recession - 2010
Insead, Fontainebleau, France - Lectures and Workshops at Ethics Days – 2001/2003
European Union - Stresa, Italy, Lecture on Trends in M&A - 2001
Ethics & Management - Symposium of Paris' high ranking executives - 2003
In Europe – meetings for promoting Cory's books in Paris, London, Frankfurt, Amsterdam and Copenhagen, with collaboration of Kluwer – 2001
In the USA – meetings for promoting Cory's books in Washington, Boston and New York, participating at the annual meeting of Society for Business Ethics in Washington – 2001
Israel: Keynote Speaker - Top Management of Israeli Bank Leumi, Transparency International, Israeli SEC, the Israeli Electric Company, Elbit, IAI, Apax & Insead Anciens Association, Ernst & Young. Magnes Launching of Book – ZOA hall, Tel Aviv, Bimat Kedem Launching of Book – Suzan Dalal hall, Tel Aviv. Speaker at the Hi-Tech Summit (Technology & People), Directors' Convention, Ethics Center at the Israeli Stock Exchange, Internal Auditors Convention, Mishkenot Shaananim Ethics Center, Ethics & Engineering, BDO, Migdal Insurance Group, Izraeli Ethics Center, Ometz, forums of the Technion and the University of Haifa, Reali High School, and on Israeli radio & TV.
2013 – Articles in Walla Business and Ethics Center Mishkenot Shaananim Bulletin
2010 - Publicist, News First Class, NFC, News 1, a leading Israeli News Website
2009-2011 – Columnist, "Ethics and You" – The Israeli CPA Review
2008- Articles in Transparency International Israel and Ometz
2006 - Member of the Editorial Advisory Board, Society and Business Review, Emerald.
2001 - Israel: Essays and Articles on Social & Economic Justice, Business Ethics, Business & Government
(“The truth can wait, for it lives a long life” (Arthur Sc...)
("Morten: And what are we going to do, when you have made ...)
2009 – 2011 – Columnist: "Ethics and You" at Roeh Haheshbon, Israeli CPA Review
June 2011, Holistic Ethics, "Ethics & You", Column in Roeh Haheshbon, Israeli CPA Review
March 2011 - Inside Information and Insider Trading, "Ethics and You", Israeli CPA Review
October 2010 - Lessons for the Insurance Industry, "Ethics and You", Israeli CPA Review
August 2010 - Teaching Business Ethics with Plays, "Ethics and You", Israeli CPA Review
(also in French)
June 2010, The Greatest Scheme in History, "Ethics and You", Israeli CPA Review
April 2010 - Mark to Market & the Great Recession, "Ethics and You", Israeli CPA Review
February 2010 - Sustainability - Paul Hawken, "Ethics and You", Israeli CPA Review
(also in English)
October 2009 - Drawing Lessons from the Great Recession of 2008, Israeli CPA Review
(also in English)
August 2009 - CPA's Ethical Mission, "Ethics and You" Column in Israeli CPA Review
(also in English)
June 2009 - Chinese Wall's Illusion, "Ethics and You" Column in Israeli CPA Review
April 2007 – Essay "The Twelve Commandments", 12 Rules on Reconciliation between Profitability and Ethics, in Roeh Haheshbon, the Israeli CPA Review (also in English)
2013 - Walla Business, a Leading Israeli News Website
May 2013 – Lapid, Fisher, Netanyahu, Bourgeoisie's Knights
March 2013 – Linking Economy and Society
2010 - Publicist at News First Class, NFC, News 1, a Leading Israeli News Website
March 2014 – On Theater, Cameri, Frost/Nixon
March 2014 – On Orientalism and Europocentrism
February 2014 – Eulogy for Zvi Aviel, one of the greatest Israeli's Poets, with Translation from German by Cory of one of his first stories
February 2014 – Spanish Citizenship for Sephardim
November 2013 – Ethics Starts at the Top
April 2013 - Sustainable Justice in the World's Cultures
March 2013 – Who Is the Real Aristocracy in Israel?
November 2012 – Social, Economic and Governmental Justice
August 2012 – The Nightmare of Julia, a satire
June 2012 - Absolute Responsibility for the Carmel Disaster and the Breaking of the Social Justice Movement
March 2012 - Social & Economic Justice Activists - Anarchists, Communists & Impudents?
February 2012 - Essay - The Actual Context of the Play "The Visit of the Old Lady"
November 2011 - Social & Economic Justice in Israel (Published also on Ometz's website)
August 2011 - Open Letter to the Leaders of the Social Movement
March 2011 – How I Discovered the Synagogue of Coria?
December 2010 - Brethren, Our Country is on Fire
July 2010 - Bibliotherapy and Me
2013 – Ethics Center Mishkenot Shaananim Bulletin
March 2013 – Social, Economic and Governmental Justice
2011 – Initiated and Participated with Ladinokomunita in the Translation and Editing of the UN Universal Declaration of Human Rights into Ladino, published on the UN Website, and on the website eSefarad Spain in Ladino.
2008 -2009 - Transparency International Israel's Website and Nihul Shakuf
October 2009 - The Decline of Ethics following the Great Recession of 2008
November 2008 - 36 Principles of Business and Ethics in the Economic World Towards 2020
(also in English)
2009 - Ometz's (Israeli Ethical Organization) Website
December 2009 - Article on the Great Recession
May 2009 - Futuristic Satire "Children of Winter 1973 – 2049"
April 2009 - The Basic Principles of the Political Platform of the Israeli Second Republic Movement
February 2009 - The Ethical Failures of the World Economic Crisis
(As well as articles published on other websites from 2010 onwards)
2004 - Articles published in Globes, a leading economic daily newspaper
September 2008 - (G Magazine pp. 25-30) an Interview with Cory and a Review by Dror Feuer on Cory's Book
August 2008 - Anat Cohen, On Ethical Screening for MBA Students, with Interviews of Leading Academics, including Jacques Cory
July 2004 – an Article by Jacques Cory "Stop the Rhinoceros we want to step down"
2014 – Spanish Citizenship for Sephardim in Ladino, Diyalog Turkey May 2014, pp. 87-89, Satire April 2014
2011 - How I discovered the synagogue of Coria? written by Cory in 5 languages, published: in Tarbut Sefarad Spain, in Spanish... Aurora Israel, in Spanish... Anajnu Chile, in Spanish... Shelanu Argentina, in Spanish... CCIU Uruguay, in Spanish… eSefarad Argentina, in Ladino & Spanish... Ladinokomunita USA, in Ladino... Forojudio Mexico, in Ladino... Los Muestros Belgium, in Ladino... Aki Yerushalaim Israel, in Ladino... Sephardic Horizons USA, in Ladino... News1 Israel, in Hebrew... Sharsheret Hadorot Israel, in English & Hebrew... Halapid US, in English... Nahar Misraim France, in French… Letter from the Spanish Ambassador in Israel in Spanish with translation into English... Afterword by Cory in English
April 2005 - Site of Ladino Poem – "Onde estas mujer kerida?" (published in Aki Yerushalayim no. 77, p. 75), Text of the Ladino Poem, with Hebrew Translation
Site of "Oriental Wind – Who is Oriental?" (Hakivun Mizrah Review no. 2, p. 12, - Bimat Kedem), Text of the poem
August 2002 - Academic Books appear in home page of Kluwer's site as "Books Relating to the Enron Scandal".
July 2002 - Review on "Business Ethics" and novel in the National Chapter Bulletin of Transparency International
June 2002 - Essay on "Internet and Transparency as Ethical Vehicles" in the Israeli review "Status"
2002 - Review on "Business Ethics" in the European IQ Magazine no. 2, 2002, with a circulation of 30,000 copies to the Insead Alumni and Companies' contacts
2001 - 36 Laws of Wrongdoing to Minority Shareholders in Unethical Companies
2001 - Essay on Business Ethics in Israel (with a summary of Cory's Kluwer academic books)
Ethical Strategic Planning, The International Ethical Fund, The Global Center for Business Ethics, Integrity Tests
September/October 2001: The Internet and Transparency as Ethical Vehicles (Mashavei Enosh, 165-166)
How to Implement a Turnaround Plan (published in Investment & Society Israel 1989, Seven Days Ltd., pp. 36-37)
Summer 2001 - Review on "Business Ethics" in Transparency and Management, Transparency International Journal, Shvil
Introducing new materials on Jacques Cory's website: www.businessethicscory.com Book in Hebrew "Social, Economic & Governmental Justice", Articles, Extracts of Books, Social, Economic, Cultural, Travel & Linguistic Activities, Courses, Photos, Lectures & Videos of Lectures, Correspondence, Audio Play, Screenplay, Play "Nelly Doron", Stories, Lists, Internet Links…
(ARTICLES 2009 – 2011 – Columnist: "Ethics and You" at Ro...)
"Business Ethics for a Sustainable Society: Conquering the Corporate Frankenstein", The Edwin Mellen Press, US, 2009. An academic book in English, focusing on the Economic Whirl, starting in the eighties with damages of billions and culminating in the Great Economic Crisis of 2008 with damages of trillions, its origins, analysis and potential solutions. The book comprises of theoretical issues, cases based on business experience, and works: on business ethics, sustainability, globalization, corporate governance, & social responsibility. Hard cover - 2009, soft cover - 2010, used as textbook.
"Selected Issues in Business Ethics and Social Responsibility", published by Magnes Publishers, the Hebrew University of Jerusalem, Israel, in July 2008: Analysis of theoretical issues and ethical dilemmas in original cases, films, plays & novels, forecasting the world economic crisis & presenting practical vehicles to overcome the crisis. Received an outstanding acclaim and used as textbook.
Two books - "Business Ethics: The Ethical Revolution of Minority Shareholders" and "Activist Business Ethics", published by Kluwer Academic Publishers Boston, US, in 2001 (now Springer). Paperback Editions by Springer, US, 2004. Pioneer research, based on case studies of U.S., French & Israeli companies and extensive business experience, with a modern approach on activism in business ethics. The books found the rules that govern unethical conduct towards minority shareholders, which were validated by the Enron scandal. Activist Business Ethics is quoted on Wikipedia & other websites, is quoted several times in the entry "Business Ethics" of Wikipedia, is recommended in Wikipedia and Answers.com for "Further Reading", and is treated as a standard text/source book in Talk: Business Ethics in Wikipedia. The book is in about one thousand university libraries all over the world (USA – 750, Germany – 41, Canada – 36, France, UK, Netherlands, Belgium, Norway, Denmark, Poland, Italy, Switzerland, Romania, Slovenia, Spain, Mexico, Colombia, Lebanon, Israel, Saudi Arabia, United Arab Emirates, Turkey, Qatar, South Korea, South Africa, Malaysia, Singapore, China, etc.), and sells also in Russia, India, Japan, Greece, Thailand, Brazil, etc.
Doctoral Dissertation in French - ‘Business Ethics & the Minority Shareholders’, 2004, at CNAM, Paris, France, in 2004 and at other locations. Book "L'ethique des affaires et les actionnaires minoritaires", published by Editions Universitaires Europeennes in France in 2012. Used as textbook.
Novel in Hebrew "Beware of Greeks' Presents", Bimat Kedem, Israel, 2001, a modern Odyssey on Business Ethics, with the essay "Business Ethics in Israel – the Dream and the Calamity", one of the first essays on this topic. Used as textbook. A Play in Hebrew - "Nelly's Choice", Jacques Cory with Amalia Eyal, in 2005 (on Cory's website and at the library of the University of Haifa). Used as textbook. Reading of the play was performed at the Hebrew University of Jerusalem on July 30, 2008. Translated into French in 2008 by Saskia Cohen - "Le choix de Nelly", published in 2012 in France by Edilivre. A Play in Hebrew "Nelly Doron" by Jacques Cory, written in 1997 and published on Cory's website, University of Haifa, Transparency International Israel, Ometz, Carmel websites, etc. in 2012.
Chapters in Edited Books – "Une maniere originale d'enseigner la RSE" (An original method to teach CSR), in the book "La RSE – La responsabilite sociale des entreprises – Theories et pratiques", by Francois Lepineux, Jean-Jacques Rose, Carole Bonanni, Sarah Hudson, published by Dunod in France in 2010. "In the Name of Citizens, Business or Officials? Insights on the Public Responsibility of the Government and Public Administration" by Eran Vigoda Gadot and Jacques Cory, in the book "Public Responsibility in Israel" by Raphael Cohen-Almagor, Ori Arbel-Ganz, Asa Kasher, published by Hakibbutz Hameuchad Publishing House & The Jerusalem Center for Ethics, in Hebrew, in Israel, 2012. One of the first essays on Business & Government & Social Justice in Israel.
2012 - "Social, Economic & Governmental Justice: Essays, Articles & the Play "Nelly Doron"" free ebook in Hebrew, published on the Internet at Jacques Cory's website in HOME, BOOKS and HEBREW, at the University of Haifa's Library website - http://lib.haifa.ac.il (search by name of author or book), Transparency International Israel, Ometz, Carmel Academic Center websites, etc. Includes also short stories: "Baruch Ashem", "Rain Fairy", correspondence, appreciation letters, social justice projects, satires, Ladino activities, case studies... Based on "Essays & Articles on Social & Economic Justice, Business & Government in Israel", published since 2010 on journals & websites. Additional essays, articles, case studies and a code of ethics appear on Cory's and other organizations' websites and might be part of a published printed version of the eBook, if a publisher would publish the book in Israel. The updated eBook is split in two eBooks: a professional book – 2016 – "Ethical Codes and Case Studies, Essays and Articles on Social, Economic and Governmental Justice", and a book on general and personal topics – 2016 – "Essays, Memoirs and Articles on General and Personal Topics".
2010 - "The Future of Capitalism in a Sustainable Society" in English, based on The Great Recession of 2007-2010: book in progress, along an outline on Cory's website. Bibliography of 120 books, a similar number of videos, and hundreds of articles, was read and hundreds of notes were prepared as basis for writing the book upon receipt of adequate financing. The book calls into question the conduct of corporations, leaders, executives and regulators before, during and after the Recession and shows how the invisible hand, minimal regulation and maximization of profits have a perverse impact on the world economy, society, stakeholders, business and profitability. Finally, the book suggests a new political economy of the state, new strategy for the private and public sectors, new economy of income and wealth distribution, in the context of a proper humane policy bringing sustainable development.
2016 – "Ethics Pays: A Comprehensive Atlas of Salient Parameters in the 300 Countries of the World Proving that Ethics Pays" in English. The eBook proves that the most ethical countries obtain the best results in all the parameters - GDP per capita, democracy, peace, equality, freedom, happiness, social progress, efficiency, globalization, competitiveness, etc., and the most corrupt countries obtain the worst results. The book is also a geography book describing the 18 - 55 most salient parameters of the world's countries, and comparing the achievements of all the 300 countries of the world. The most salient parameters can be allocated to each country, or can remain in the tables of the book and in the links of the book.
2016 – "Cory's Cosmopolitan Cultural Credo: Autobiography – A Lifetime Companion for the Universal Intellectual Humanist" in English. An eBook describing Cory's experience, works and thoughts on his fields of interest, a new kind of literature, comprising of a mixture of: novels, drama, biographies, non-fiction, linguistics, geography, business, ethics, academics, economics, history, music, arts, films, philosophy, poetry, folklore, sociology, travel, and even humor. Cory blended all those ingredients in his long careers in diverse occupations and avocations, which might interest the intellectual reader of the book. The book is Cory's credo and truth, an ode to humanism, moderation and harmony, in Cory's cosmopolitan, polyglot and holistic approach. It can be read, seen, or heard during thousands of hours, everybody can find interest in parts of this book, which hopefully will arise a desire to learn languages, literature, philosophy, history, geography, ethics, and drama, and watch the best films, music, folklore, and arts. In this book Cory wants to shake the complacency of businessmen, statesmen, fundamentalists, peacelovings, academics, & intellectuals, who often don't see the whole picture, as this book does, encompassing most of the facets of culture.
2016 – "Ijiko and His Grandparents in the Jungle" – in Hebrew. The children book by Jacques Cory, illustrated by Elena Gat, edited by Shirly Garfunkel, exists in a book format with illustrations but it was not published yet, and also as an eBook (without the illustrations) at Jacques Cory's website. This book is based on the author's jungle stories to his children and grandchildren, who also contributed their inputs to the plot, with names primarily deriving from funny words in Ladino, as the lion Hastrapula, the giraffe Siskerina, the monkey Sholobolo, the peacock Zurzuvi, the witch-doctor Melizina, the rhinoceros Haftona, etc.
("Business Ethics for a Sustainable Society: Conquering th...)
Author: Business Ethics-The Ethical Revolution of Minority Shareholders, 2001, Ethics Novel, Beware of Greeks Presents, 2001, Activist Business Ethics, 2001.
Board directors Transparency International, Israel, 2001-2003. Director The Haifa Municipal Theatre, Haifa, 1999-2000. Member British-Israeli Chamber of Commerce, Tel Aviv, 1997-1999.
Member Society for Business Ethics in the nineties. 2006 - Member of the Editorial Advisory Board, Society and Business Review, Emerald.
Married Ruthy Popliker, August 19, 1969. Children: Joseph, Amir, Shirly.