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Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
In the context of financial management, the function sits with treasury; usually the management of the various short-term financial legal instruments (contractual duties, obligations, or rights) appropriate to the company's cash-and liquidity management requirements.
Accounting ethics is primarily a field of applied ethics and is part of business ethics and human ethics, the study of moral values and judgments as they apply to accountancy. It is an example of professional ethics .
The Journal of Business Ethics is one of the journals used by the Financial Times for in compiling the Business Schools research rank. [ 1 ] The Journal of Business Ethics was founded by Alex C. Michalos (Institute for Social Research and Evaluation, University of Northern British Columbia ) and Deborah C. Poff (Department of Philosophy ...
Legal compliance is the process or procedure to ensure that an organization follows relevant laws, regulations and business rules. [5] The definition of legal compliance, especially in the context of corporate legal departments, has recently been expanded to include understanding and adhering to ethical codes within entire professions, as well.
Financial law forms a substantial portion of commercial law, and notably a substantial proportion of the global economy, and legal billables are dependent on sound and clear legal policy pertaining to financial transactions. [2] [3] [4] Therefore financial law as the law for financial industries involves public and private law matters. [5]
Financial law is a branch of law that examines the financial markets, specifically insurance, derivatives, commercial banking, capital markets and investment management sector. Financial law is formed through three methods financial regulation, case law, and market practice. It forms a part of commercial law but on the aspects which relate to ...
Managerial finance is the branch of finance that concerns itself with the financial aspects of managerial decisions. [1] Finance addresses the ways in which organizations (and individuals) raise and allocate monetary resources over time, taking into account the risks entailed in their projects; Managerial finance, then, emphasizes the managerial application of these finance techniques and ...