SaintLeo MGT325 Module 5 Discussion Latest 2019 September
MGT325 Finance for Managers
Module 5 Discussion
Financial executives
insist that there should be no separation between an individual’s personal
ethics and his or her business ethics. “It’s a jungle out there” and
“business is business” should not be excuses for engaging in
unethical behavior. Many firms have ethics codes which are based on economically
rational concepts such as integrity and trustworthiness, which guide the
decision maker in attempting to increase shareholder wealth. Of course, some
employees sometimes choose to not comply with their firm’s ethics code.
How do ethics codes
apply to project selection and capital budgeting? What are the potential risks
to a company of unethical behaviors by employees? What are potential risks to
the public and to stakeholders? Please explain how Saint Leo’s core value of
integrity is reflected in your answer.
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