What is the significance of the issue of breaking the rules of business ethics in the context of the emergence of the global financial crisis in autumn 2008?
What role in generating in the investment banking the main risk factors that led to the emergence of the global financial crisis in autumn 2008 was played by unreliable banking procedures and violations of business ethics?
Why were these issues not settled and the costs of public aid for bankers rescued from bankruptcy were transferred to society?
In view of the above, is a strong banking lobby responsible for unreliable banking procedures and violations of business ethics?
Please reply
I invite you to the discussion
Thank you very much
Best wishes
Business ethics is an important subject at University level and in theory...
But in big business and where money and greed rules there is place for ethics...
The bankers then and now are greedy. And they keep on with their business and dark doings...
They have only one ethics: make more money, the most - greed rules...
The greed rules in all big businesses, e.g. in the car manufacturing business, which is why dieselgate has happend - and all big businesses are apparently cheating with diesel data: BMW, Mercedes, VW, Audi, Porsche...
- Badges
- Science topic
- Similar topics
- Philosophy
- Ethics