News on financial scandals often elicits great interest from the general and investing public, as well as invokes a flurry of negative emotions among affected stakeholders. Greed is usually given as an off-the-cuff conclusion as to the reasons for financial scandals. However, reasons that promote acts of corruption, criminal breach of trust, fraud, financial statement misstatements, and even plain pilfering or thievery, can be attributed to several facets of ethical lapses which will be examined.
Ethical practices may preempt financial crises, and are important to cultivate continuous public trust in the functions of financial service organisations. These would lead to increased confidence of various stakeholders such as the regulatory bodies, investors, and customers, on a micro level, as well as improves the efficiency of the product and financial markets on a macro level.
Online Training Dates
1, 2, 8, & 9 June 2021
For more information please write to mum.ExecEd@monash.edu