The fault analyzed in the corporate ethics code is having no effect on actual behavior of an employee. The professional ethics code of certified financial planners, corporate treasury, and chartered analyst would provide guidelines for the behavior of an individual and it would reflect the concept of trustworthiness and integrity. It will further increase the wealth of the shareholders. Professional ethics codes help the company to reduce the risk associated with the project. False claims might result in criminal sanctions, civil damages, and penalties. The case further discussed the nonfinancial consideration in the project selection. To determine: The potential risks to the company due to the unethical behaviors of the employees and the potential risks to the public and stakeholders.

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Chapter 10.5, Problem 1FOE

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The fault analyzed in the corporate ethics code is having no effect on actual behavior of an employee. The professional ethics code of certified financial planners, corporate treasury, and chartered analyst would provide guidelines for the behavior of an individual and it would reflect the concept of trustworthiness and integrity. It will further increase the wealth of the shareholders.

Professional ethics codes help the company to reduce the risk associated with the project. False claims might result in criminal sanctions, civil damages, and penalties. The case further discussed the nonfinancial consideration in the project selection.

To determine: The potential risks to the company due to the unethical behaviors of the employees and the potential risks to the public and stakeholders.

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