Ethics

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Related to Ethical standard: Ethical Practices

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 ?
What are the essential ethical standards and principles embodied in the professional ethical practices of Ontario educators?
If MNCs are to develop ethical business practices contingent and sensitive to cultural differences, a better understanding of the factors contributing to ethical standards and the impact that ethical behaviors have on subsequent standards and conduct becomes critical.
The enforceability of the SRTPs will likely have a positive effect on the CPA profession, by promoting the ethical standards of tax practice.
We are interested in how local authorities have designed their complaints handling, scrutiny and sanctions regimes in order to maintain excellent ethical standards and how members, local government officials and the public experience them.
While only members of Congress and lobbyists received majority negative ratings, the remaining 14 occupations were rated "average" for their honesty and ethical standards by pluralities or majorities ranging from 39% to 54%.
Gallup said that the 32 percent specifically calling administration officials' ethical standards poor is higher than Gallup found towards top officials in former President George W.
However, these concerns arise amid encouraging evidence that organisations are striving to uphold ethical standards.
Each chapter includes an introduction of the subject that will be discussed, which ethical standards will be covered, a case study to work through, and points to consider.
If possible breaches of ethical standards have been identified at the review or publication process, the NASW Press may notify the author and bring the ethics issue to the attention of the appropriate professional body or other authority.
Sandwell Council leader Coun Bill Thomas said: "Handling and investigating complaints at a local level will give us the chance to take control of ethical standards.
But when the complaint was investigated by an ethical standards officer from the Standards Board for England, Coun Forster was exonerated of any malpractice.
said yesterday that its 2006 Ethical Sourcing report, which provides information on the company's ethical standards program, shows that high-risk violations at its factories decreased 23.