This guide to business ethics provides key terms and concepts related to business ethics in a short, easy-to-use format. It provides objective coverage of theories, corporate social responsibility, human resources issues, consumer protection, and ethical issues in marketing and advertising. It is an ideal supplement for business ethics courses or as a reference for students and practitioners who would like to learn more about the basics of business ethics.
Ethics of Finance
Finance is concerned broadly with the generation, allocation, and management of monetary resources for any purpose. It includes personal finance, whereby individuals save, invest, and borrow money to conduct their lives; corporate finance, whereby business organizations raise capital, mainly through the issue of stocks and bonds, and manage it to engage in economic production; and public finance, whereby governments raise revenue by means of taxation and borrowing and spend it to provide services for their citizens. This financial activity is facilitated by financial markets, in which money and financial instruments are traded, and by financial intermediaries, such as banks and other financial service providers, which facilitate financial transactions.
Ethics in finance consists of the moral norms that apply to financial activity ...