User Account

All Pages

ethics in finance, Business Law and Ethics

Assignment Help:
MSc Finance and Management 2012-13

Ethics in Finance

Ethics in Finance, Assessment


Answer ALL THREE questions. This should be your own unaided work (this is an ethics assessment and Turnitin will pick up copying which will be reported).
The assignment is due on Thursday 16 May at 14:00.


1. Hoople Consultants has won a contract to provide engineering advice and support to a city in a developing country. The contract is funded by an international aid bank but is administered by the local officials. The Hoople team is led by Marcella. One day she is asked to go and see the manager of the local client team. The manager says that he and his deputy would like to go on a study tour of the UK so that they and their team can be in a better position to understand more about Hoople. The local manager points out to Marcella that they don’t have the funds to do this so they would like to pay for it through the project. The best way to do this would be for Marcella to pay for all the flights and accommodation and provide some money for meals etc. Marcella can invoice all this through the contract by enhancing the hours billed and the manager will approve it.
Applying the CFA ethical code and any other suitable framework, make a practical recommendation for Marcella.
(20 marks)


2. Peter is the treasurer of a FTSE listed company. He is phoned by Andrew from an investment bank where Peter has done some business with another division. Andrew invites Peter to go skiing for a weekend with other clients in Switzerland. There will be many useful contacts including direct competitors of Peter’s company. Peter doesn’t ski but can see the distinct business benefit.
How should he respond? Would your answer be different if the invitation came after a major piece of work had just been completed with Andrew’s team?
(20 marks)


3. Write a brief analysis of the following statement. Bullet points are acceptable:

“The LIBOR scandals at Barclays Bank (note plural) aren’t really scandals in that no one in the general public was affected. It was only traders dealing with each other. After all borrowers that had used swaps to fix rates they weren’t impacted.”
(60 marks)

Related Discussions:- ethics in finance

How to explain the apparent lack of expressions, How to explain the apparen...

How to explain the apparent lack of expressions There are several ways to explain the apparent lack of expressions of the impacts. In fact, there are arguments that political

Types of transaction - reconstructions , Types of transaction - reconstruct...

Types of transaction - reconstructions: It will be seen that methods (a) and (b) relate to specific types of transaction.  They can only be used in those transactions.  The fl

Register of directors shareholdings, Register of Directors' Shareholdings: ...

Register of Directors' Shareholdings: Section 196(1) requires every company to keep a register showing the number, description and amount of any shares or debentures which are

Explain causation, Explain the Causation, Remoteness and Contributory Negli...

Explain the Causation, Remoteness and Contributory Negligence in short. Causation: When the accident was going to occur anyway then causation is not proved, which is a third

Pre-incorporation contracts, Pre-incorporation Contracts:             ...

Pre-incorporation Contracts:                             A pre-incorporated contract is an agreement which is entered into, usually by a promoter or promoters, on behalf of a

State article 1 of air and outer space law, Laws relating to air and outer...

Laws relating to air and outer space as follows: Article 1 states that the contracting states should recognize that every state has complete and exclusive sovereignty over the

condition precedent, What is a condition precedent? Provide me with an exa...

What is a condition precedent? Provide me with an example.

Disadvantages of statute law, Disadvantages of Statute Law: Impositio...

Disadvantages of Statute Law: Imposition of law However some Acts are imposed on the people and reflect the views of the pundits or Executive in the ruling political part

Separate meetings of each group - mergers and winding up, Separate meetings...

Separate meetings of each group - mergers and winding up: The first ground of objection was valid, ie. if within a single class of shareholders there are groups whose inte

Compensation for removal - company management, Compensation for Removal: ...

Compensation for Removal: Subsection (6) provides that nothing in s.185 shall be taken as depriving a removed director of compensation or damages payable to him in respect of

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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