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JUNE 26, 2006
Governance And Greenness Are Crucial For Growth What is missing from the analysis in "Hot growth" (Cover Story, June 5), as well as the BusinessWeek 50 (Cover Story, Apr. 3) and other lists, is points for good corporate governance and a long-term sustainable business model from a environmental perspective. As the cases of Enron, Andersen, and others demonstrate, strong corporate governance is vital for a company's survival and for the well-being of its stakeholders. For the long term, if we want to help capitalism reach newer heights and at the same time minimize the impact on our environment to ensure our survival, every corporation, government, and culture will need to focus very strongly on environmental issues. The path: create sustainable production, delivery, and marketing methods, for example, among other things. Sumant Dhall Fremont, Calif. Electronic Voting And Its Striking Implications Federal funding exceeding $2 billion for new voting machines and the approval of most voters suggest there will be a nationwide system of user-friendly electronic voting machines relatively soon ("One man, one vote, one conspiracy theory," News: Analysis & Commentary, June 5). The implications are striking: There will be neither the need nor the justification for continuing the Electoral College. For the first time since 1776, America can become a hands-on democracy rather than a constitutional republic. Peter B. Venuto Bloomsbury, Pa. The principle that votes are cast in secret and tallied in public is incompatible with voting systems being protected as trade secrets. Besides paper trails, or even better paper ballots, voting systems should be open to public inspection, including source codes and design specifications. Public scrutiny helps Linux to be secure. It is secrecy that invites errors or fraud. Arthur M. Keller Board Secretary and Founder Open Voting Consortium Palo Alto, Calif. Undergrad B-Schools: Ranking Often Doesn't Matter Re "The best undergraduate B-schools," (Cover Story, May 8): BusinessWeek's decision to showcase undergraduate business schools is commendable. Unfortunately, the ranking derives from a single set of criteria and collapses data into a single number. With only a slight change in BusinessWeek's variables or weights, the list of top 50 schools could be remarkably different. In addition, the BusinessWeek methodology is driven by weighting criteria that are convenient to measure but have little to do with core educational quality. For example, higher starting salaries and acceptance into other MBA programs are not explicit goals for most undergraduate business programs. One of the most telling ways to compare business schools is to look at the success of students and programs in achieving established learning objectives. Students should do significant additional research on prospective schools by looking at multiple sources of information, then carefully match personal goals with the qualities of different programs to make their final choices. The top-ranked school, or even any ranked school, is not going to be the right school for every student. John J. Fernandes President and CEO AACSB International The Association to Advance Collegiate Schools of Business Tampa Editor's note: The AACSB has granted international accreditation to 527 business schools in 30 countries. | |