User Account

All Pages

Ethical code for financial management

Assignment Help Finance Basics
Reference no: EM131411907

Ethical Code for Financial Management

There is a growing body of knowledge indicating that organizations that act in a socially responsible manner and follow ethical standards outlast and outperform companies that pursue profits at all costs. This connection between value and ethics has been around for a long time, but several studies have confirmed it. In fact, according to research conducted by Dr. Curtis Verschoor, "Of the 87 companies where an ethics code was clearly stated, the average Market Value Added (MVA) was 2.5 times larger than those not mentioning a code of ethics or conduct" (Verschoor, 1999).

For this Shared Practice Discussion, review this week's resources and the "Code of Ethical Conduct for Financial Management" from Eli Lilly and Company.

  • Assess how comprehensive this organizational ethical code appears to be and what you feel may be missing.
  • Compare this code with a similar code from your organization or one with which you are familiar.
  • Assess the value of ethical codes for financial management in general.

Please reference and cite

Reference no: EM131411907

Questions Cloud

What are the total interest payments the investor : During the year, the consumer price index decreases by 1.5 percent first six months of the year, and by 2.25 percent during the second six months of the year due to a deflation. What are the total interest payments the investor will receive during..
Distract developing economy : Discuss substantive ways in which armed conflict can contribute to or distract a developing economy and infrastructure. Analyze specific reasons why developed nations do not experience the same kinds of social upheaval.
Relationship between customer satisfaction and loyalty : What is the relationship between customer satisfaction and loyalty? (The answer is complex, so think it through. If your answer reflects current understanding of the relationship between customer satisfaction and loyalty, you'll get the full points.)
What regression could you run to simplify the test : Econ 4400- What additional information is needed to test if black workers and Hispanic workers earn different incomes in column 1? What regression could you run to simplify the test?
Ethical code for financial management : There is a growing body of knowledge indicating that organizations that act in a socially responsible manner and follow ethical standards outlast and outperform companies that pursue profits at all costs.
Customer satisfaction required to achieve customer loyalty : Is high customer satisfaction required to achieve customer loyalty? Should firms who seek to have the most loyal customers strive to attain the highest customer satisfaction? Why or why not?
Bond issued by beverly hillbilly company : A bond issued by Beverly Hillbilly Company currently sells for $1,040, has 15 years to maturity, and shows a current YTM of 5.76%. What is the coupon rate on the bond?
State what percent of the vote candidate x received : Write values for P(A), P(AC), P(B|A), and P(B|AC).- Find P(A and B), and write in words what outcome it represents.
What is the purpose of a cost allocation system : Under what conditions would direct labor hours accurately allocate Premier's indirect costs to its four products? What are the characteristics of a cost accounting system that accurately allocates a company's fixed and variable indirect costs to i..

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd