A corporate financial manager who is trying to create value for its shareholders:
A)is not concerned with ethics but rather with writing iron-clad contracts.
B)can safely ignore ethics as long as no laws are broken.
C)must behave ethically to stay out of jail.
D)is concerned with ethics because unethical behavior destroys trust,and businesses cannot function without a certain degree of trust.

Question

Quizplus · Accepted Answer

A corporate financial manager, like any other business professional, must act ethically in order to build and maintain trust with stakeholders, including shareholders. Unethical behavior can lead to legal and financial consequences and damage the company's reputation and future success. Thus, ethical behavior is essential for creating long-term value for shareholders.

A Corporate Financial Manager Who Is Trying to Create Value