ETHICAL ISSUES IN FINANCE
Professor John Boatright of Business Ethics and Management School at Loyola University, Chicago, talks about how the theory of ethics in finance can be developed around three broad themes:
- in financial markets;
- in financial services industry (including banking and insurance); and
- by financial people in the organizations.3
Ethical Issues in Financial Markets
Professor Boatright mentions the level playing field established in financial markets; a set of rules and code of conduct which sets expectations in which the market dynamics work. However, the playing field is often influenced and moved in one way or the other based on information dissemination and resources.4
On 11 September 2008, the Supreme Court upheld the ...
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