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

Statutory safeguard - non-accepting shareholders, Statutory safeguard - Non...

Statutory safeguard - Non-accepting shareholders: The non-accepting shareholders have a further statutory safeguard.  Company A is not obliged to serve notice of intention to

Features of negotiable instruments, Features of Negotiable Instruments (...

Features of Negotiable Instruments (i) Whether made payable to bearer, whether the title to it is negotiable through delivery. Although made payable for order, the title to such

Explain the nationality of criminal jurisdiction, Nationality of criminal j...

Nationality of criminal jurisdiction Nationality is the legal concept which provides a link between a State and persons living within that State. It determines the rights and o

Define the outer boundaries of policy choice, Define the outer boundaries o...

Define the outer boundaries of policy choice The agenda proper tends to be set by political forces and actors located outside of the researcher/analyst community. Elected polit

What are the features of entrepreneurial governments, Question 1: "A re...

Question 1: "A revolutionary change is occurring in the theory and practice of public administration. The approach known as New Public Management is seen by many as the new par

Directors to perform the duties, Directors to perform the duties: Ther...

Directors to perform the duties: Therefore it cannot be that the auditors  are to be at the expense and trouble not merely of sending their report through the post but of deli

Stare decisis and its application by us courts, Stare Decisis and Its Appli...

Stare Decisis and Its Application by US Courts However there is so far no case decided through the US Court of Appeal regarding the application of "stare Decisis" through US C

State about the median voter theorem, State about the Median Voter Theorem ...

State about the Median Voter Theorem Percentage of vote necessary for a proposal to be adopted, remember Median Voter Theorem, will affect the difficult of adopting a proposal,

When was international atomic energy agency established, Explain Internatio...

Explain International Atomic Energy Agency The  NPT  also  creates  rights and  obligations on  the  members of  NPT  to  comply  with  the provisions of the treaty and to ensu

What do you mean by electrolysis, Q. What do you mean by Electrolysis? ...

Q. What do you mean by Electrolysis? In electro refining, the impure metal is taken as the anode and a strip of pure metal coated with a thin layer of graphite is made .the cat

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