Ethics

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Ethics

Standards of conduct or moral judgment.

Ethics

The study and practice of appropriate behavior, regardless of the behavior's legality. Certain industries have professional organizations setting and promoting certain ethical standards. For example, an accountant may be required to refrain from engaging in aggressive accounting, even when a particular type of aggressive accounting is not illegal. Professional organizations may censure or revoke the licenses of those professionals who are found to have violated the ethical standards of their fields.

In investing, ethics helps inform the investment decisions of some individuals and companies. For example, an individual may have a moral objection to smoking and therefore refrain from investing in tobacco companies. Ethics may be both positive and negative in investing; that is, it may inform where an individual makes investments (e.g. in environmentally friendly companies) and where he/she does not (e.g. in arms manufacturers). Some mutual funds and even whole subdivisions are dedicated to promoting ethical investing. See also: Green fund, Islamic finance.
References in periodicals archive ?
Drawing from the theoretical scholarship that provides a foundation for selecting and organizing the events, instruments, and processes of dialogic inquiry, the College viewed lived experience (Heilbrun, 1988) and the wisdom gleaned in actual situations as a significant source of insight about the ethical practices of educators.
Another theory of ethical practice was developed by Jeremy Bentham and John Stuart Mill in the late 1700s.
The five core values, CUSTOMER FOCUS, INNOVATION, QUALITY, RELIABILITY and ETHICAL PRACTICES, defined in the vision are the foundation on which the company aspires to grow in the times to come.
Appropriate training may include advanced degree--and nondegree-associated course work and practicum experiences such as participation in ethical review committees, development of intensive short courses designed for members of human subjects research ethical review committees, analysis of ethical review guidelines or processes, and research on ethical practices in biomedical or behavioral research in the trainees' countries.
Our five-part questionnaire included questions on corporate values, ethical practices, community impact and corporate image, as well as a financial status section to determine the size and health of the companies.
But we are still demanding ethical practices from our suppliers.
There are many reasons for multinationals to focus attention on the ethical practices of their foreign offices, but most are obvious.
Evidence that ethical practices can be profitable was presented in the 1995 bestseller "Built to Last.
The official has also stopped issuing research permits until the same commission drafts regulations for scientists on ethical practices and informed consent with native Venezuelan groups.
CORP produces a variety of educational publications focused on regulatory requirements and safe and ethical practices in clinical research.
Organizations are just not meeting the public's high expectations in making ethical practices a strategic priority," says Diane Girard, senior manager, ethics & integrity services at KPMG.
He chaired the ethical practices committee and served on the firm's executive committee for 17 years.