One of the key risk areas that corporates need to manage is "ethical risks." Do you think that management of ethical risks is as important for business as management of financial risks? Explain how ethical problems may affect a firm's profits and stock price

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter1: An Overview Of Managerial Finance
Section: Chapter Questions
Problem 15PROB
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Question 19, P1-12
One of the key risk areas that corporates need to manage is "ethical risks." Do you think that management of ethical risks is as important for business as management of financial risks? Explain how ethical problems may affect a firm's profits and stock price.
Transcribed Image Text:Question 19, P1-12 One of the key risk areas that corporates need to manage is "ethical risks." Do you think that management of ethical risks is as important for business as management of financial risks? Explain how ethical problems may affect a firm's profits and stock price.
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