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Identify ethical principles breached by CBA

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Reference no: EM131962993 , Length: word count:1350

PRINCIPLES OF FINANCE

Assessment

Commlnsue is one of Australia's largest insurers and the SBA's insurance arm of Commonwealth Bank of Australia (CBA). CBA was embroiled in various deceitful practices such as misusing of medical reports including deleting files and pressuring doctors to change their opinions so that client claims can be rejected, changing the definition of diseases, delaying payouts, etc. The program that ABC TV aired on Commlnsure scandal (youtube) will provide you an overview of the case.

Required

Critically evaluate CBA's financial management policies and practices with respect to their social responsibility and social outcomes of their actions. Do you think CBA has considered the ramifications of their financial decisions on sustainability and social responsibility? Ensure that your analysis is carried out with reference to corporate social responsibility principles, corporation's objectives; code of ethics and ethical principles and theories. Specifically answer the following questions:

i. Critically evaluate CRA's practices and financial decisions described above vis-a-vis the Corporate Social Responsibility (CSR) principles.

ii. Do sustainability and socially responsible outcomes really matter for CBA? Discuss.

iii. Identify ethical principles breached by CBA.

iv. Discuss those ethical violations with reference to relevant ethical theories.

The report should comprise the following sections:
• Assignment cover sheet
• Table of contents
• Introduction
• Body (answers to each question)
• Conclusion
• Bibliography

The report must:
• be typed using one-and-a half (1.5) spacing left justified.
• use Arial or Times New Roman font size 12.
• display a one inch margin on all sides.
• appropriately cite reference original work, author(s) etc. Citation and referencing must conform to Harvard referencing system.

Reference no: EM131962993

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Reviews

len1962993

4/30/2018 1:46:42 AM

Ethical principles violated 6 Ethical violations with reference to relevant ethical theories 6 Conclusion 1 Report organisation (pagination, format, spacing, grammar, spelling, punctuation, referencing etc.) 2 Total 30

len1962993

4/30/2018 1:46:36 AM

Scoring Rubric Maximum marks Introduction and purpose of report 1 Critical evaluation of CBA's practices and financial decisions described in the background above vis-a-vis the Corporate Social Responsibility (CSR) principles. (Remember to read the CSR report of CBA). 8 Do sustainability and socially responsible outcomes really matter for CBA? Discuss. 6

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