Ethics in financial contracting

Article Abstract:

The basic tenetsof financial ethics dictate the need for the integration of ethical standards in the practice of financial contracting. Although financial managers are expected to do their best in maximizing shareholders' wealth, they are nevertheless expected to abide by a few established ethical standards. They cannot always refer to mathematical proof or logical consistency. In essence, behavioral virtues are far more important than what financial economic theoriessuggest.

Finance

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In search of the 'good manager' as 'true professional.'

Article Abstract:

A study was conducted to morally determine the function of the business professional. The role of the business person in practice from the views of that role's prescriptive desirability was examined. The possibility of determining the role of business managers based on economic terms was also analyzed. Results indicated that the good manager aims to realize a certain specific kind of morally inclusive excellence that correlates with virtue ethics theory.

Executives, Professional ethics

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Size matters: Why managers should pursue corporate growth, even at the expense of shareholder value

Article Abstract:

Managers' obligation to shareholders must be realized and balanced with obligations to employees, customers, communities and society at large and these obligations are best served through a primary focus on overall corporate growth. 'Bigness' is more accurately viewed as 'complex' in the sense that managers pursue it in order to satisfy a complex mix of deontological and teleological moral obligations.

United States, Management dynamics, Management, Managers, Company business management, Corporate growth, Industry growth

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