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American Journal of Business and Operations Research
Volume 3 , Issue 1, PP: 39-47 , 2021 | Cite this article as | XML | Html |PDF


Ethics in the Financial Industry

Authors Names :   Kopal Sharma   1 *     Vidhi Kapoor   2     Kartikay Laddha   3  

1  Affiliation :  B.tech Data Science, , NMIMS’ School of Technology Management and Engineering; India

    Email :  kopalsharma2000@gmail.com

2  Affiliation :  B.tech Data Science, NMIMS’ School of Technology Management and Engineering ; India

    Email :  vidhikapoor20@gmail.com

3  Affiliation :  B.tech Data Science, NMIMS’ School of Technology Management and Engineering,; India

    Email :  laddhakartikay8@gmail.com

Doi   :   https://doi.org/10.54216/AJBOR.030101

Received March 11, 2021 Accepted August 01, 2021

Abstract :

The word ‘Ethics’ carries a very sensitive structure which affects even the smallest factor in a situation and also it carries a huge sum of responsibility. It is an entity which could stir a situation in a person’s or company’s favour or not and it also holds an adverse effect in general. Ethical conduct is absolutely vital. Regular reforms to the code of ethics may combat the unethical behaviour in the industry but that alone is not sufficient. Individuals and firms must develop a particular code of conduct and abide by them and it should be applicable to all levels of their operations. This will help individuals and firms to promote the principles of stewardship of investor assets and work towards the betterment of clients. For the Financial Industry, Ethics is not only the pillar of trust but also it is the ladder to success. Through the careful literature survey, it lists some of the discussions of important ethics in the Financial and Business sector.

Keywords :

Ethics; Financial Industry; Business; Ethics in Finance; Investment Industry; Code of Conduct

References :

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2.      6. Jelena Bozovic (2007) ‘Business Ethics in Banking’, Economics and Organization Vol. 4, No 2, 2007, pp. 173 – 182.

3.      Nicholas Fair (2009) ‘Excellence, Engagement and Ethics in Banking: An Attempt to Make Sense of the Financial Crises of 2008’, Good Works Project Report Series, Number 62, Harvard Graduate School of Education. Harward Gardner, Series Editor

4.      Greycourt White Paper (2008) ‘The Financial Crisis and Collapse of Ethical Behavior’, Greycourt & Co., Inc, Greycourt White Paper No. 44, pp. 1-15.

5.      Anurag K. Agarwal (2013) ‘Corporate Governance: Financial Regulators and Courts Need to be on the Same Page’, Vikalpa - The Journal For Decision Makers, Vol. 38, Jan – Mar 2013, No 1, ISSN 0256 – 0909

6.      Kimber D, Lipton P. Corporate governance and business ethics in the Asia-Pacific region. Business & Society. 2005 Jun;44(2):178-210.

7.      Choi TH, Pae J. Business ethics and financial reporting quality: Evidence from Korea. Journal of Business Ethics. 2011 Oct 1;103(3):403-27.

8.      Chaubey DS, Dev R, Patra S. A Study On The Ethical Considerations In Investors’ Investment Decisions. Splint International Journal of Professionals. 2016 May 1;3(5):7.

9.      Dobson J. The role of ethics in finance. Financial Analysts Journal. 1993 Nov 1;49(6):57-61.

10.   Melé D, Rosanas JM, Fontrodona J. Ethics in finance and accounting: Editorial introduction. Journal of Business Ethics. 2017 Feb 1;140(4):609-13.

11.   Dobson J. Ethics in finance II. Financial Analysts Journal. 1997 Jan 1;53(1):15-25.



Cite this Article as :
Kopal Sharma , Vidhi Kapoor , Kartikay Laddha, Ethics in the Financial Industry, American Journal of Business and Operations Research, Vol. 3 , No. 1 , (2021) : 39-47 (Doi   :  https://doi.org/10.54216/AJBOR.030101)