financial ethics
Understand the Problem
The question seems to be addressing the topic of financial ethics, which involves the principles and standards that guide behavior in the financial industry. The user may be seeking information or an explanation regarding what financial ethics entails.
Answer
Financial ethics guide moral standards in finance, promoting integrity, transparency and accountability.
Financial ethics is a framework of moral standards that guide decision-making in the financial industry to promote integrity, transparency, and accountability.
Answer for screen readers
Financial ethics is a framework of moral standards that guide decision-making in the financial industry to promote integrity, transparency, and accountability.
More Information
Financial ethics is essential for maintaining trust in the financial system, ensuring fair and honest practices, and preventing fraudulent activities. It plays a crucial role in fostering investor confidence and sustainable economic growth.
Tips
A common mistake is to assume ethics are solely about compliance with laws. Ethics also encompass broader moral principles that guide professional conduct.
Sources
- Professional ethics in finance - onlinedegrees.scu.edu
- Ethics In Finance - Study.com - study.com
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