Corporate Ethics News

EXECUTIVE RISK
BRIEFING
Presenter Name
6 September 2019

Corporate Ethics News
• In the past few decades, trend towards ethical misconduct has been
increased, which has created huge challenge for the regulatory body.
• In the business organization, ethical issues are the situation in which
the person or the organization has to choose between the alternative,
which is evaluated as ethical or unethical.
• The issue of ethics occurs when the given scenario or the activity has
created the conflict with the moral principles of the society.
• Sometimes, these conflicts are dangerous legally because some of
alternatives for solving the issues might breaches the particular law.
Moreover, there is other situation, which generates negative reactions
from the third parties.
• In this respects, the Royal Commission have created the heightened
awareness of associated risks with the ethical misconduct in the
industry of financial services (Bevan and Yung 2015).

Corporate Ethics News
• The commission was established to reveal in
media regarding greed culture within several
financial institutions of Australia.
• The recent news on AMP, is one of the good
examples of ethical issues.
• The news of AMP brutal conduct sparks all for the
probe has attracted NSW parliament attention
that was urged for the investigations that
whether the actions of the company over the
financial advisors have breached the laws against
the unfair contracts (Lin, Li and Bu 2015).