Question
Ethics are of primary importance in any practice of finance.Why is this so?explain. 2. Integirty is an ethical requirement for all finance managers. One aspect
- Ethics are of primary importance in any practice of finance.Why is this so?explain.
2. Integirty is an ethical requirement for all finance managers. One aspect of integrity requires...
a) performance of professional duties in accordance with applicable laws.
b)avoidance of conflict of interest.
c) refraining from improper use of inside information
d) maintenance of an appropriate level of professional competence
(select your answer choice and explain your reason)
3. corporate governance is the process of monitoring managers and aligning their incentives with shareholders goals. why should corporate governance be in place? Explain.
4. Explain the shareholders wealth maximization goal of firm and how it can be measured. Make an argument for why it is better goal than maximizing profit
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