Question

Examine ethical behavior within firms in relation to financial management. Provide two examples of companies that have been guilty of ethics-based action related to financial management.

Answer 1

Ans:-Ethical behaviour performing in way reliable with what humanity and the people usually think are good value.Ethical behaviour ias a nature of good business firms .It represent admiration of moral principles such as honestey,justice ,fairness,dignity,person's right,diversity etc.The major role of a firm of ethics in financial management is to stabalize,protect and preserve shareholders welfare.The ethical behaviour within a firm in relation to financial managers should struggle for integrity.The clinents, stakeholders and employees should be competent to belief a financial managers decisions.The financial management should not allow partiality,favourism etc.A good ethical ideals are very important to keeping the public faith in financial sector in a firm and the investment business also.Employees privacy,saftey and health,discrimination etc.are the major ethical issues.

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