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    Ethics in finance are important for a stable society and strong financial system. When ethics are abandoned, crises can occur as governments, institutions, and agencies fail to make decisions based on moral foundations. The latest financial and economic crises, and the ongoing coronavirus pandemic, may have been avoided or less severe if all parties prioritized ethics over selfish interests. Upholding ethics requires regulations and policies that promote fairness across financial markets and institutions.

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    Ethics in finance are important for a stable society and strong financial system. When ethics are abandoned, crises can occur as governments, institutions, and agencies fail to make decisions based on moral foundations. The latest financial and economic crises, and the ongoing coronavirus pandemic, may have been avoided or less severe if all parties prioritized ethics over selfish interests. Upholding ethics requires regulations and policies that promote fairness across financial markets and institutions.

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    3 views1 page

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    Uploaded by

    V.R Rameswar
    Ethics in finance are important for a stable society and strong financial system. When ethics are abandoned, crises can occur as governments, institutions, and agencies fail to make decisions based on moral foundations. The latest financial and economic crises, and the ongoing coronavirus pandemic, may have been avoided or less severe if all parties prioritized ethics over selfish interests. Upholding ethics requires regulations and policies that promote fairness across financial markets and institutions.

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    Ethics in Finance and the Latest Financial Crises

    Journal: International Journal of Business and Management Invention


    Publisher: Invention Journals
    Volume: 9
    Issue: 7
    Keywords: Ethics; Financial Markets; Financial Institutions; Monetary Policy; Fiscal Policy; Financial Crises
    EISSN: 2319-8028
    Abstract :
    In this article are discussed a few ethical issues regarding the financial market and the institutions. Morality and ethics are very
    important for a society and reveal the wellbeing of its structure, its business, its institutions, its education, and its value system.
    All these foreshadow the future of the nation. In a country where ethics have been abandoned, we can easily predict its future. It
    has no future. The government has to impose regulations and laws to keep the entire society at an advanced ethical level, after all
    this knowledge of thousands of years of history, experience, and revelation. Public policy (monetary and fiscal), institutions,
    organizations, and agencies must be headed based on ethical, fair, and moral foundations. The latest two financial, economic, and
    social crises, especially, the last one, the unethical coronavirus pandemic,could have been avoided or curtailed if the responsible
    generators of these crises were ethical and respectful towards the other people or other nations.
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