Jacques Cory

Jacques Cory
Born	(1944-06-05) June 5, 1944 Cairo, Egypt
Nationality	Israeli
Citizenship	Israel
Education	BA in Economics Political Science MBA PhD in Business Ethics
Alma mater	Hebrew University of Jerusalem INSEAD, Fontainebleau CNAM, Paris
Occupation	Author businessman lecturer
Years active	1964 - present
Organization	International Business Programs
Height	178 cm (5 ft 10 in)
Spouse(s)	Ruthy Cory
Children	Joseph (born 1971) Amir (born 1974) Shirly (born 1979)
Parents	Albert Cory (father) Pauline Cory (mother)
Website	www.businessethicscory.com

Jacques Cory (born June 5, 1944) is an Israeli entrepreneur, author, and lecturer. Cory is best known for pioneering business ethics in the corporate field. Cory is widely recognized for his contribution in initiating the Second Republic of Israel Vision, pioneering research that proves a strong correlation between prosperity and ethics worldwide and the preservation of the Sephardic heritage.

Cory was a lecturer at the Universities of Haifa, Tel Aviv, Technion, INSEAD, and others. He has authored multiple books on business ethics, ethics in the defense industry, banks, M&A, the stock exchange, the future of capitalism along with CSR, corporate governance, sustainability, and globalization.

Cory is the recipient of the Best Lecturer Award by the University of Haifa, 2005, and Itur Hamofet – Exemplar Decoration which is the highest decoration in Ethics in Israel, by Ometz, 2015.

Early life and education

Cory was born in Cairo, Egypt in 1944. He completed most of his elementary education at the Cairo Lycee. When Cory was nine years old, his family immigrated to Israel, which is where he completed the rest of his education and studied Hebrew.

Cory pursued his bachelor’s degree at the Hebrew University of Jerusalem where he learned multiple languages including Spanish and German. He also took classes in several courses like arts, philosophy, and theatre along with learning English and French literature.

To pursue higher education, Cory moved to France where he did his MBA at INSEAD and graduated in 1968. Later Cory obtained his Ph.D. from CNAM in Business Ethics in 2004.

Career

Cory worked from 1973 to 1987 at Elbit Systems, which is one of the largest private Israeli high tech companies, in the eighties he was vice president of finance and sales. Cory managed major turnarounds, joint ventures with companies such as Nixdorf, public offerings of shares and debentures in New York and Tel Aviv, purchased and managed subsidiaries in the US and Israel, and sold most of Elbit’s systems to major US defense corporations. During his years at Elbit, it became one of the most profitable in the industry in spite of a high inflation.

In 1987, Cory founded International Business Programs where he managed until 2000 M&A and strategic partnerships, know-how transfer with conglomerates, international financial and operational turnarounds in France, Israel and the US, initiated new ventures and managed a generic R&D Satellite Communication Consortium of some of the largest Israeli companies. Cory specialized in writing business plans for companies, increasing often valuation several times over because of their intrinsic values and finding investors at those valuations.

After receiving his Ph.D. in 2004, Cory pursued a third career – this time academic – lecturing from 2004 to 2013 at the University of Haifa. He also taught at INSEAD, Tel Aviv University, the Technion and the Naval Academy. Cory was elected as the Best Lecturer of the University of Haifa in 2005 and received many appreciation letters from faculty members and students. He shared with his students his ethical business experience, wrote and taught dozens of pioneering case studies on ethical dilemmas in the business world, as well as conducted courses with group dynamics & role playing on business ethics dilemmas in plays, novels and films. His books and case studies became text books in business ethics in Israel.

Cory played an important role in the preservation of the Sephardic Heritage, initiating with the UN, editing and participating in the translation of the UN’s Universal Declaration of Human Rights into Ladino and the discovery of the Old Synagogue of Coria in Spain.

Cory predicted in his books accurately the Capitalism crises since 2001, culminating in the prediction of a Doomsday Depression by 2020 in a book published in the US in 2009. He theorized the rules that govern the capitalism crises and also offered feasible solutions.

Personal life

Cory was born to Pauline and Albert Cory. In 1969 he married Ruthy and the couple had three children, Joseph who was born in 1971, Amir who was born in 1974 and Shirly who was born in 1979.

Awards

• 2005- Best Lecturer Award by the University of Haifa
• 2015- Itur Hamofet – Exemplar Decoration which is the highest decoration in Ethics in Israel, by Ometz, 2015.

Publications

• The Second Republic of Israel, published in 2018
• Capitalism: Crises and Solutions, published in 2017
• Academic Proof that Ethic Pays, published in 2017
• Business Ethics for a Sustainable Society: Conquering the Corporate Frankenstein, published by The Edwin Mellen Press in 2009
• Selected Issues in Business Ethics and Social Responsibility, published by Magnes in 2008
• Business Ethics: the Ethical Revolution of Minority Shareholders published by Kluwer Academic Publishers Boston in 2001 and by Springer in 2004
• Activist Business Ethics, published by Kluwer Academic Publishers Boston in 2001 and by Springer in 2004

External links

• Official website
• Jacques Cory on LinkedIn
• Jacques Cory on Facebook