Ethics
Financial professionals have a moral obligation to treat those they serve in a way that they themselves would want to be treated. Sometimes, however, moral choices are not always simple and apparent. This section is devoted to talking about ethical issues and helping financial practitioners conduct themselves in a manner that does credit to their profession and their community.
Ethics Awareness Month
Webcasts and upcoming content that will appear on The Wealth Channel in recognition of Ethics Awareness Month are discussed by Ronald F. Duska, Ph.D., holder of the Charles Lamont Post Chair of Ethics and the Professions and Professor of Ethics at The American College and Julie Ann Ragatz, Pre-Doctoral Fellow with The American College Center for Ethics in Financial Services.
Recent Ethics Videos
James A. Mitchell, CLU®, ChFC®, Retired Chairman of the Board, IDS Life Insurance Company talks about the ethics associated with executive compensation.
Professors Duska and Cubeta from The American College discuss the importance of having clients confront "ultimate questions" during the financial planning process.
Professors Duska and Cubeta from The American College discuss whether pursing wealth is an ethical goal. The plot from King Lear is used to help illustrate points.
Dr. Ron Duska and Dr. Tony Catanach of The American College talk about whether a new audit model is needed to address accounting abuses.
Anthony H. Catanach Jr., Ph.D., CPA discusses the ethics of meaningful disclosure in accounting, fair value and historical costs.
Are terms losing their meaning? Principles vs. consequences and the use of moral rhetoric are examined in detail.
Do those with “abundance” have a responsibility to provide for the less fortunate?
This year, a significant portion of the graduates of the Harvard Business School voluntarily agreed to take an ethics oath. Designation graduates of The American College are required to take a “professional pledge.” Ronald F. Duska, Ph.D., and Julie Ann Ragatz share their perspectives on the value of these types of activities.
Why trust is lost and what you can do about it. The difference between losing trust in individuals and losing trust in institutions is examined in detail.
Recent news stories about the arrest of 44 people, including three New Jersey mayors, two state assemblymen, and five rabbis for money-laundering and the illegal sale of human organs prompted this week’s discussion of ethical issues.