Ethics

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Related to Ethical standard: Ethical Practices

Ethics

Standards of conduct or moral judgment.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Ethical standards of practice offer a sound starting point for the professional counselor who works within a large public system (e.g., child welfare, public health) from which to begin to understand the intersection between her or his profession (i.e., counseling) and the work conducted in the counselor's specific setting.
based on social cognitive theory (Bandura, 1986; Wood & Bandura, 1989), the model shows the interacting relationships believed to uniquely influence business ethical standards and conduct across cultures.
3-9 Gallup poll asked how Trump's ethical standards compare with those of seven of his eight predecessors.
He said this recognition and the CIBN's active collaboration with the Corporation to entrench ethical standards is a key driver towards effective service delivery in the industry.
Please tell me how you would rate the honesty and ethical standards of people in these different fields--very high, high, average, low, or very low?
* Independent Coalition of Treatment Providers--Fighting for parity; ethical standards require members to obtain accreditation and participate in third-party audits; a five-year treatment plan with a reimbursement structure
This year, 82 percent of Americans rated nurses' honesty and ethical standards as "very high" or "high," a full 12 percentage points above any other profession.
The public continues to rate nurses as the most trusted profession, according to the Gallup survey that ranks professions based on their honesty and ethical standards. The survey results were announced in December 2013.
Dubai: Ethical standards and knowledge base of the financial services industry are far from ideal and it needs to be addressed to improve the quality of service and sustainability of the industry, a cross section of professionals from the industry said in response to a study conducted by the Economist Intelligence Unit sponsored by CFA Institute.
CIMA has produced an interactive ethics CPD tool to help members, students and the wider business community consider how best they can uphold ethical standards in challenging situations.
Most companies have fairly sophisticated total rewards systems in place, but many struggle with strategies for correcting poor behaviors, particularly when there might be breaches of ethical standards involved.
A new report finds 53 per cent of financial services executives say adhering to ethical standards inhibits career progression at their firm!