enefit and salary to achieve the goal of maximum profitability. They are under tremendous pressure to keep the company profitable every quarter and also outperform its competition. This might lead to a situation where the companies higher level staff might think they have found a loophole in the system and perform unethical adjustments of financial numbers. Recent example we can find is the collapse of ENRON because of fraud and FANNIE MAE accounting irregularities in start of this decade.
随着全球金融市场越来越多地与每天数以百万计的交易结合在一起,与前几十年相比,当今时代的商业和专业人士使用更不道德行为的机会越来越大。然而,在这个互联网时代,商业状况和由此带来的麻烦更加复杂。例如,公司和CEO(对于上市公司)必须将股东利益放在首位。股东利益是获得最大利润;首席执行官获得数百万美元的福利和薪水,以实现最大盈利的目标。他们面临着巨大的压力,要让公司每个季度都保持盈利,同时还要超越竞争对手。这可能会导致一种情况,即公司高层员工可能认为他们发现了系统中的漏洞,并对财务数字进行了不道德的调整。最近我们可以发现的例子是,在本世纪初,ENRON因欺诈和FANNIE MAE会计违规而倒闭。
It can also be pointed out that that ethical behavior is governed more by the individual rather than the environment. If we can establish a norm on the financial industry that it’s not only immoral to do unethical activity but its also immoral to not to notify of other peoples unethical activity, then there will be more violations reported. There have few instances where whistleblowers have reproted unethical behavior or violations of the company’s code of ethics and brought big corporations down to their knees. But these kind of whistle blowing is rare. Research shows that this rarity is because whistleblowers are scared of getting fired from their jobs, especially if the violators are of higher post. In ones mind question arises is it ethical to whistleblower a violation and risk getting fired or is it ethical to keep quite and not risk putting food on family table? Companies should try to resolve this kind of dilemma , by implementing anonymous whistleblower program and by rewarding a them anonymously. A company code of ethics is useful only when the company’s actions are consistent with it. Only then can it be followed consistently within the company.
还可以指出,道德行为更多地由个人而不是环境来控制。如果我们能在金融行业建立一个规范,即不道德的行为不仅是不道德的,而且不通知其他人的不道德行为也是不道德的。举报人谴责不道德行为或违反公司道德准则,并让大公司屈服的事例很少。但这种告密是罕见的。研究表明,这种罕见的情况是因为举报人害怕被解雇,特别是如果违规者的职位更高。在人们的脑海中出现了这样一个问题:举报违规行为并冒着被解雇的风险是合乎道德的吗?还是保持沉默而不冒着把食物放在家人餐桌上的风险是符合道德的?公司应该通过实施匿名举报人计划和匿名奖励来解决这种困境。只有当公司的行为与其一致时,公司的道德准则才有用。只有这样,公司内部才能始终如一地遵守该准则。
Conclusion 结论
Our society is interworking of people built in the pillar of trust. This trust is based on molarity and ethical behavior. For financial market not only Ethics is the pillar, it is also a ladder for success. Lose that trust and the firm or individual is going downhill. So financial firms should not only keep code of ethics in paper but also promote self-regulation. For financial market Ethical integrity is paramount and clients always come first.
Essay范文总结我们的社会是建立在信任支柱上的人的相互作用。这种信任是基于道德和道德行为的。对于金融市场而言,道德不仅是支柱,也是成功的阶梯。失去信任,公司或个人就会走下坡路。因此,金融公司不仅应该将道德规范写在纸上,还应该促进自律。对于金融市场而言,道德操守至关重要,客户永远是第一位的。本站提供各国各专业Essay写作指导服务,如有需要可咨询本平台。