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Banking Industry Ethics Dissertation Example

5 / 5. 1

Discipline:
Finance
Chapter:
Acknowledgements
Level:
PhD
Pages:
4
Words:
1100
View Sample
Ethics in the banking industry By (Student’s Name) The name of the class Professor’s name University City and state of university’s location Date Table of contents Title page ………………………………………………………………………………..1 Table of contents ………………………………………………………………………...2 Executive Summary ……………………………………………………………………..3 Introduction…………………………………………………………………………….. 4 Ethics in the Banking Industry; Fraud……………………………………………………4 Recommendations………………………………………………………………………. 7 Conclusion……………………………………………………………………………….7 References……………………………………………………………………………….8 Executive Summary The question of what is right and wrong is a complex subject since it delves into the root of human nature. In the banking industry ethics are quite vital since they serve as tools of rapid growth and development of the industry. The success of banks can be attributed to the honesty and integrity of all the stakeholders involved in the sector. In the banking sector, ethics can be defined as the appropriate behavior which results into a mutual benefit for all the stakeholders in the industry such as clients, the staff, employees, shareholders, and investors. Nevertheless, it is not in all instances that ethical behavior is observed. Unethical behavior in the banking industry entails potentially harmful practices which cause massive losses to banks such as fraud and failing to protect the financial interests of their customers. Introduction Banking ethics, like many others, arises from the traditional concept of ethics being social norms that members of...
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