In pursuit of our mission, vision, and values, the Culverhouse College of Business is dedicated to the aggressive pursuit of ethics and ethics education that complements the rigorous technical training in our undergraduate and graduate programs. Our focus on ethics is consistent with the university’s Code of Academic Conduct. We take ethics and character seriously!

The College’s Ethics Advisory Committee (EAC)

The College’s Ethics Advisory Committee (EAC) helps to develop and oversee the college’s ethics program. The EAC works with the Dean, faculty, staff, students, and university’s Center for Ethics and Social Responsibility to implement existing ethics initiatives and seek innovative, proactive methods for promoting ethics and character development. Members of the 2017-2018 EAC include:

  • Todd DeZoort, Ph.D (Committee Chair); Durr-Fillauer Chair in Business Ethics & Professor of Accounting
  • William Jackson III, Ph.D; Smith Foundation Chair of Business Integrity & Professor of Management
  • Bob Brooks, Ph.D; Professor of Finance
  • Yuanyuan Chen, Ph.D; Assistant Professor of IS, Statistics, and Management Science
  • James King, Ph.D; Minnie Caddell Miles-Frank A. Rose Memorial Endowed C&BA Professorship of Leadership
  • Robert McLeod, Ph.D; John S. Bickley Faculty Fellow in Insurance and Finance
  • Troy Pollard, Ph.D; Associate Professor of Accounting
  • Stan Westjohn, Ph.D; Assistant Professor of Marketing
  • Kay Palan, Ph.D; Ex Officio Member and Dean of the Culverhouse College of Business
  • Peter Do; Chief Justice, Academic Honor Council

The J. Craig Smith Business Ethics Lecture

The J. Craig Smith Business Ethics Lecture Series brings in select accomplished speakers with unique, personal perspectives on the ethical challenges inherent in business. Previous speakers include Tony Menendez, Kay Palan, Alton Sizemore, Bill Battle, Cynthia Cooper, Walt Pavlo, Alice Martin, John Allison, and Drayton Nabers.

2020 J. Craig Smith Business Ethics Lecture
Richard Bowen
Monday, April 20th, 7pm
Alston 30

Richard Bowen was Business Chief Underwriter for the Consumer Lending Group at Citigroup during 2006-2007 as the massive financial crisis of 2008 emerged. Bowen had credit quality control responsibility over the purchase and sale of $90 billion of residential mortgage loans each year. During his tenure at Citigroup, Bowen discovered that billions of dollars of defective mortgages (> 80% defective mortgage rate) were being sold by Citi annually to unsuspecting investors. He warned management and the board of directors repeatedly about the risky practices, ultimately leading to him being placed on administrative leave and instructed not to return to the bank.

After leaving Citigroup, Bowen provided evidence to the Securities and Exchange Commission in the months leading up to the Emergency Economic Stabilization Act of 2008 (i.e., Troubled Asset Relief Program bank bailouts). He also testified before the Financial Crisis Inquiry Commission. His story has been featured in numerous media forums, including the Wall Street Journal, 60 Minutes, New York Times, and Bloomberg.

Bowen has 35 years of banking experience and has held executive positions in credit, finance, and information technology. He is currently a professor of accounting at the University of Texas at Dallas and a frequent speaker on business ethics. Bowen earned a BS in Mechanical Engineering from Texas Tech and an MBA from the University of Texas at Austin. He is a Certified Public Accountant and was named 2012 CPA of the Year by the Texas Society of CPA’s. His efforts have been recognized in numerous ways, including D CEO magazine’s Financial Executives Award for Excellence in Corporate Governance and acknowledgement by the Government Accountability Project and Society of Professional Journalists in 25 Times Whistleblowers Have Changed History.

The J. Craig Smith Integrity Award

The J. Craig Smith Integrity Award recognizes outstanding students in the college who consistently exemplify the values of integrity and compassion that J. Craig Smith built in his business career and personal life. The students receiving this annual award exhibit strong character, clear signs of progressive ethical thinking, and a commitment to advancing the quality of life in the wider community, especially for those less fortunate. Past winners include:

  • 2018-2019: Jacqueline Berg, Abby Greenwell, Destiny Pollard, Erin Washington
  • 2017-2018: Lauren Beers, Whitney Cravens, Becca Gary, Jaiden Gonzalez
  • 2016-2017: McKenzie Gravitt, Caroline Morrison, Paige Sims, Emily Zapinski
  • 2015-2016: Kaitlyn Haefer, Grace Hudgins, Polly Rickets, Shirin Torabinejad
  • 2014-2015: Sarah Kim, Nathan Miklovic, Kendall Roden, Abby Snyder
  • 2013-2013: Hayley Ginn, David Hose, Erika McCalpine, John Pounders

Personal Code of Ethics

The College has a Personal Code of Ethics (PCE) program that requires all students to consider and communicate their personal assortment of virtues, vices, and ethical priorities as they develop personally and professionally. The PCE is a critical part of the Ethics Program because it provides a formal opportunity for all students to develop personal standards of conduct that they can apply both in and out of class.

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