Ethical considerations are important in the world of finance from "summary" of How Finance Works by Mihir Desai
Ethical considerations are paramount in the world of finance. The decisions made by financial professionals can have far-reaching consequences, affecting not only individual investors but also entire markets and economies. Therefore, it is essential for those working in finance to conduct themselves with the highest ethical standards. One key ethical consideration in finance is the duty that financial professionals have to their clients. This duty requires them to act in the best interests of their clients, providing them with accurate information and sound advice. Any conflicts of interest must be disclosed and managed appropriately to ensure that clients are not taken advantage of. Another important ethical consideration in finance is the obligation to ...
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