Financial Institutions and Codes of Ethics

Christopher Cowton

doi:10.1007/978-3-030-00001-1_1-1

Financial Institutions and Codes of Ethics

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

Corporate codes are one of the most conspicuous tools in the business ethics armory. They have their vocal critics, but this chapter argues that they can make a positive contribution if they are well designed and embedded in the organization. A financial institution that seeks to take ethics seriously should ensure that the contents of its code are appropriate and current and that the code is effectively communicated, well supported, and diligently enforced. The codes of two UK-based banks are used to illustrate the points made. A final section recognizes that some employees will also be subject to professional codes of ethics and considers how this can support organizational ethics.

Original language	English
Title of host publication	Handbook on Ethics in Finance
Editors	Leire San-Jose, José Luis Retolaza, Luc van Liedekerke
Place of Publication	Cham
Publisher	Springer, Cham
Chapter	1
Pages	3-15
Number of pages	13
Edition	1st
ISBN (Electronic)	9783030000011, 9783030293710
ISBN (Print)	9783030293703, 9783030293727
DOIs	https://doi.org/10.1007/978-3-030-00001-1_1-1
Publication status	Published - 7 May 2021

Publication series

Name	International Handbooks in Business Ethics
Publisher	Springer, Cham
Volume	3
ISSN (Print)	2213-106X
ISSN (Electronic)	2213-1078

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities
SDG 16 Peace, Justice and Strong Institutions

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Cite this

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KW - Codes of ethics

KW - Codes of conduct

KW - Professional bodies

KW - Professional ethics

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ER -

Financial Institutions and Codes of Ethics

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