Hire trusted tutors from Expertsminds for Ethics in Financial Responsibilities Assignment & Solution !

Home   Course   Ethics in Financial Responsibilities Assignment Help
Previous << || >> Next

Ethics in Financial Responsibilities Assignment Help

1. Do you think executive compensation in its various parts (i.e., salary, stock options, severance packages) funded at the current level is unethical? If so, how would you revise the compensation so that it was just? On what basis would you change it? Does the government have a role to play? If so, in what manner?

2. Is the Sarbanes-Oxley Act too strict, not strict enough, or just right? Explain.

Expertsminds.com accepts instant and short deadlines order for Ethics in Financial Responsibilities Assignment Help solution – order today for excellence!

One of the most important factors that need to be maintained in terms of doing anything in the correct manner is ethics. In the context of financial responsibilities, ethics have four divisions which are, Finance Theory, Financial Services, Financial Markets and Financial Management. This study summarizes the importance of ethics in financial responsibilities.

In order to perform financial responsibilities in an ethical manner, individuals must consider each of the four factors as crucial ones. As per the view of Duska, Duska & Kury (2018), individuals who perform financial activities must gather a relevant amount of knowledge about each of the four ethical factors of finance. In the current level, most of the financial activities take place within the market. In terms of maintaining ethics in the financial market, in most cases, governmental regulations are maintained (Arthur, 2016). However, only maintaining governmental regulations might not be effective in terms of maintaining the four factors of ethical finance.

One of the most affected areas in financial activities is the compensations that are being offered to different individuals. Since in terms of providing compensation only governmental regulations are maintained, the four factors of financial ethics are not considered and that is why compensations are not offered in an ethical manner (Schoen, 2017). Hence, individuals must look to change their approach towards maintaining ethics in financial activities.

A sufficient amount of knowledge should be gathered about the four factors, so that individuals can figure out ways by which these factors can be maintained. On the other hand, organisations which are operating in the financial market should look to provide training to individuals about the importance of maintaining the four factors.

Apart from all these, the government body of the countries also has an important role to play. Although governmental regulations are maintained in financial ethics but the regulations in a few cases have not been made by keeping the four factors of ethics in mind (Cegarra-Navarro et al. 2016). Hence, the government must make rules and regulations in a way that can force organisations to maintain the factors.

The Sarbanes-Oxley Act is one of the most effective and efficient laws that has been made in terms of improving the reliability of public organisations in terms of financial reporting. As commented by Chhaochharia, et al. (2016), the Sarbanes-Oxley Act has the capability of restoring the confidence of the investors as well. Although the act is quite effective in this context, there might be a few problems within the act. It has been observed that the Sarbanes-Oxley Act creates positive effects on private organisations only and not in non-profit companies (Ge, Koester & McVay, 2017). Thus, a few changes within the act must be considered in order to make it much more effective, in the context of any kinds of organisations. On the other hand, the act is very efficient to make corporate organisations maintain ethics in financial activities (Albuquerque & Zhu, 2019).

Thus, it can be concluded that ethics is an important factor in terms of performing financial activities. On the other hand, from the study, it can also be said that the Sarbanes-Oxley Act is very effective in this context.

Are you looking for reliable Ethics in Financial Responsibilities Assignment Help services? Expertsminds.com is right choice as your study partner!

Tag This :- MWS42LOU621BUS Ethics in Financial Responsibilities Assignment Help

get assignment Quote

Assignment Samples

Get Academic Excellence with Best Skilled Tutor! Order Assignment Now! Submit Assignment