User Account

All Pages

ethics in finance, Business Law and Ethics

Assignment Help:
MSc Finance and Management 2012-13

Ethics in Finance

Ethics in Finance, Assessment


Answer ALL THREE questions. This should be your own unaided work (this is an ethics assessment and Turnitin will pick up copying which will be reported).
The assignment is due on Thursday 16 May at 14:00.


1. Hoople Consultants has won a contract to provide engineering advice and support to a city in a developing country. The contract is funded by an international aid bank but is administered by the local officials. The Hoople team is led by Marcella. One day she is asked to go and see the manager of the local client team. The manager says that he and his deputy would like to go on a study tour of the UK so that they and their team can be in a better position to understand more about Hoople. The local manager points out to Marcella that they don’t have the funds to do this so they would like to pay for it through the project. The best way to do this would be for Marcella to pay for all the flights and accommodation and provide some money for meals etc. Marcella can invoice all this through the contract by enhancing the hours billed and the manager will approve it.
Applying the CFA ethical code and any other suitable framework, make a practical recommendation for Marcella.
(20 marks)


2. Peter is the treasurer of a FTSE listed company. He is phoned by Andrew from an investment bank where Peter has done some business with another division. Andrew invites Peter to go skiing for a weekend with other clients in Switzerland. There will be many useful contacts including direct competitors of Peter’s company. Peter doesn’t ski but can see the distinct business benefit.
How should he respond? Would your answer be different if the invitation came after a major piece of work had just been completed with Andrew’s team?
(20 marks)


3. Write a brief analysis of the following statement. Bullet points are acceptable:

“The LIBOR scandals at Barclays Bank (note plural) aren’t really scandals in that no one in the general public was affected. It was only traders dealing with each other. After all borrowers that had used swaps to fix rates they weren’t impacted.”
(60 marks)

Related Discussions:- ethics in finance

Dismiss a worker for misconduct, Question 1: What are the procedures t...

Question 1: What are the procedures that an employer should follow before he will dismiss a worker for misconduct? Question 2: Section 39 of the Labour Act provides fo

Explain international law on siachen issue, /* Style Definitions */ table...

/* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-prior

Who uses private welfare, QUESTION 1 Why is the United States, which is ...

QUESTION 1 Why is the United States, which is a leader country in so many areas, so far behind in the provision of social welfare benefits? QUESTION 2 (a) Who uses private

Qualified acceptance, Qualified Acceptance It might be as the drawee is ...

Qualified Acceptance It might be as the drawee is prepared for accept the bill since only subject to some adjustment. Any type of acceptance which varies the effect of such a bi

Compulsory liquidation - winding up, Compulsory liquidation - winding up: ...

Compulsory liquidation - winding up: There are a number of points of similarity: (a) in a compulsory (but not a voluntary) liquidation the directors have to submit a statemen

Protection of creditors - function of the court, PROTECTION OF CREDITORS: ...

PROTECTION OF CREDITORS: Where the reduction of capital involves diminution of unpaid capital or repayment to shareholders of paid-up capital, creditors have a statutory right

condition precedent, What is a condition precedent? Provide me with an exa...

What is a condition precedent? Provide me with an example.

Take-over bid, TAKE-OVER BID:                   If Company A ("the t...

TAKE-OVER BID:                   If Company A ("the transferee company") offers to acquire shares of Company B ("the transferor") and the scheme or contract to which the off

Commitment of agent - agency law, Commitment of Agent - Agency Law Howev...

Commitment of Agent - Agency Law However responsibilities of an agent for the principal are: as; (a) Care and skill However to exercise due diligence in such performance of hi

Requisites of acceptance - rules relating to acceptance, Requisites of Acce...

Requisites of Acceptance - Rules Relating To Acceptance Section number S.17 (2) provides like an acceptance is invalid unless since it complies with the following conditions:

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd