Ethics or Bust: Beyond Compliance and Good Marketing

Abstract

The article discusses the ethical challenges facing the finance industry. It notes that an ethical basis to the operation of finance is not a constraint or limitation on financial agents but rather the condition that the financial system can exist at all. Also, aligning values and culture statements with actual practice is one of the challenges facing the industry. It mentions the situations and relationships within the industry where conflicts of interests have arisen and continue to arise.