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Unethical business practices harm organizations and economies. Large-scale business failures such as Enron—as well as the more recent failures related to the global financial crisis—highlight the consequences of unethical business practices and amoral management. Professional accountants, as stewards of transparency and trust, and subject to a professional code of ethics, have a key role to play not only in upholding but in encouraging and influencing ethical behavior and decision making within their organizations. Read More
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Recent business scandals and corporate collapses have brought calls for better business ethics, more training in ethics, and further regulation. But ethics in business are intrinsically part of every business decision – they begin in the boardroom.
How to Become One of the World’s Most Ethical Companies
March 31, 2014 - CGMA Magazine
This article provides insights into the characteristics of companies with successful ethical cultures that are driven by management.
One of the first research studies empirically tests potential reasons why firm leaders and non-leaders - or professional staff - can have contrasting perspectives of the firm's ethical environment.
Informs those charged with fiduciary management of enterprises why ethics can no longer be treated as a discretionary cost to the business. Management of the ethical dimension is instead a significant contributor to financial success. This is highlighted through the use of examples of how leading corporations are integrating ethical management into business practices, change programs, and fraud, risk, and compliance systems.
Based on discussions between finance professionals from leading companies at CIMA roundtables, this discussion paper explore the context of finance function change in facilitating and driving management support with a particular regard to independence and objectivity.
July 15, 2014 - Reuters
July 15, 2014 - International Ethics Standards Board for Accountants
July 10, 2014 - In the Black
July 10, 2014 - Business Times
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