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What are the most common ethical violations in finance?
The most frequently occurring ethical violations in finance relate to insider trading, stakeholder interest versus stockholder interest, investment management, and campaign financing.
What influence does stakeholders have on a company's actions?
Depending on what stakeholder it is, a shareholder = company gaining lots of profit consumers = operating in an ethical manner employees = better working enviroment
What are the benefits and risks of utilizing tax havens for individuals seeking to minimize their tax liabilities?
Utilizing tax havens can provide benefits such as lower tax rates, increased financial privacy, and asset protection. However, there are risks involved, including legal scrutiny, reputational damage, and potential tax evasion charges. Individuals should carefully consider the ethical and legal implications before using tax havens to minimize tax liabilities.
How do you measure integrity in individuals or organizations?
Integrity in individuals or organizations can be measured by looking at their consistency in following ethical principles, honesty in their actions, and accountability for their decisions. This can be observed through their behavior, actions, and the values they uphold in various situations.
Is it possible to withdraw money from a bank account that does not belong to you?
No, it is not legal or ethical to withdraw money from a bank account that does not belong to you. Doing so is considered theft and can result in serious consequences.
A person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?
a person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?
What ethical business behavior?
the ability and willingness to reflect on values in the course of the organization's decision-making process, to determine how values and decisions affect the various stakeholder groups
What determines the ethical correctness of actions or decisions?
The ethical correctness of actions or decisions is determined by whether they align with moral principles, values, and standards that are considered right or wrong by society or individuals.
What are some benefits to using stakeholder approach in ethical decision making?
identify the benefit of using stakeholders approach in ethical making
What leadership is best suited for higher levels of ethical commitment among employees and strong stakeholder support for an ethical climate?
Transformational
Why do scientists have to make ethical decisions?
Because scientist must decide whether what they are doing will be considered acceptable to majority of society.
What does morraly mean?
"Morally" refers to principles or standards of right and wrong behavior. It is used to describe actions or decisions that are considered ethical or virtuous.
What does it mean to follow ethical principles?
Following ethical principles means making decisions and taking actions that are morally right and just, based on a set of values and standards that guide behavior towards what is considered good and fair.
What is an ethical problem and how can it be identified and addressed in various situations?
An ethical problem is a situation where there is a conflict between what is considered right and wrong. It can be identified by examining the actions and decisions involved to see if they align with ethical principles. To address an ethical problem, one can consider the consequences of different choices, seek advice from others, and adhere to ethical guidelines or codes of conduct.
What are the most common ethical violations in finance?
The most frequently occurring ethical violations in finance relate to insider trading, stakeholder interest versus stockholder interest, investment management, and campaign financing.
What is a personification sentence with the word ethical?
The ethical compass of society guides our decisions and actions towards fairness and justice.
Universal ethics can help us .?
Make ethical decisions
