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Janus Capital Group: History of the Company
We think it is admirable that Janus is not refuting these allegations. This display of integrity and responsibility will help to ensure the long-term fiscal solvency of the company. In addition, Janus needs to realize that profits can be made ethically in the financial markets without malfeasance. We think that Janus must also adhere to its prospectus and internal regulations and provide a forum for employees who wish to voice their concerns regarding unethical behavior. Employees must feel safe when reporting questionable activities and even be rewarded for putting the long-term health of the company first. In addition, Janus must be willing to hold employees responsible for their actions, which it appears they have begun to do. We also believe that Janus must try and prevent unethical behavior before it happens by providing training and counseling to its employees. It is our opinion that unethical conduct is a product of environment and the corporate culture at Janus must be adjusted so that employees put the interest of stakeholders ahead of short-term profit goals. Finally, Janus executives must be consistent and committed to their policies and corporate beliefs. Once these changes are implemented, Janus stakeholders will regain confidence that the company is looking out for their long-term interests. Nevertheless, only when the leadership at Janus begins to stress ethical behavior will the employees of Janus follow suit.…
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