Question

Select a publicly traded firm of your choice that enjoys a large shareholder base. What challenges may this firm have encountered (or is likely to encounter) in terms of (a) incorporating ethics into financial management practices, and (b) maintaining/sustaining ethical practices in the face of internal or external (market) pressures? Frame your response relative to the financial manager's fiduciary duty to maximize shareholder's wealth.

please beware of plagrism or include the proper citations

Answer 1

Answer-

Pfizer 's Enforcement Plan, set up by Pfizer's Management Board, grasps Pfizer 's steady commitment to satisfy its legitimate and good guidelines solely. Culinary specialist Compliance Officer (CCO) is a person from Pfizer and gives direction and heading to guarantee similarity with material rights, control and authoritative methodologies. Pfizer's ethical commitment is a key factor to permit Pfizer to accomplish its main objective.

Moreover, Pfizer has a large interior survey unit with a particular methodology and a quick announcing relationship with the Board of Audit Committee, which furnishes the Chief Financial Officer with subtleties. The CCO and the Internal Audit Director have communicates to analyze all issues identifying with consistency.

Pfizer continually looks at its consistency program to guarantee it stays top tier as a major aspect of its responsibility to ceaseless change.

Overall accomplices are prepared and tried by Pfizer's Business Code, the 'Blue Book' that shows Pfizer's assurance to satisfy high guidelines and to accomplish genuineness. Pfizer has additionally embraced broad avoidance and contamination adventures.

So as to forestall and identify encroachments of the US Foreign Corrupt Practices Act and its far off law accomplices, our International Anti-Bribery and Anti-Corruption Corporate Procedure requires the gathering of the close by approach and the advancement of appropriately qualified accomplices.

Besides, Pfizer created announcing frameworks joining an extensive helpline accessible in 70 tongues and web detailing apparatuses, where accessible, empowering accomplices worldwide to raise concerns and quest for direction. Associated issues with precision might be ensured subtly where allowed by law.

These endeavors bolster its universal turn of events and check that its business is directed overall dependably and ethically.

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