The recent economic crisis further underscores the importance of ethics, which is why finance professionals will turn to this authoritative text. It provides them with an applied and practical understanding. Critical thinking questions offer more thought provoking exercises to get them to learn the material. Related cases in the chapters help spark more thoughtful analysis of the issues that are raised. Numerous projects show how to apply investment theory and analysis as well as integrate ethical considerations. Appendices are also included in relevant chapters that review basics in investments and accounting. This material will help finance professionals examine the ethical practices of the companies and organisations they recommend. 
                 
            
            
            
            
                
                    Preface   
  About The Author   
Chapter 1  Introduction: The Case For Investment Ethics  2 
  Learning Objectives  2 
  Chapter Outline  2 
  Introduction: The Investment Industry a Legacy Of Scandals And A Need For Ethics  3 
  A Brief Overview Of The Investment Industry  6 
  Securities Laws And Regulations  9 
  The Securities And Exchange Commission  9 
  Sarbanes-Oxley Act  10 
  Investment Ethics Are Easier Said Than Done  11 
  Investments Are Complicated  12 
  Investments Are About Information  13 
  Investments Are About Resources  14 
  Ethics Basics  14 
  Four Fundamental Principles Of Investment Ethics  15 
  Ethical Understanding  15 
  Ethical Use Of Information  16 
  Responsible Investing  17 
  Trust And Fairness  17 
  Costs And Benefits Of Being Unethical  18 
  Conclusion: Developing An Ethical Consciousness  20 
  Terms  21 
  Review Questions  21 
  Critical Thinking Questions  22 
  Applied Student Project: Self-Reflection On Ethics  22 
  References And Suggested Reading  22 
  Appendix: Financial Market Regulatory Agencies  23 
Chapter 2  Fiduciary Duty Of Investment Professionals: The Ethical Treatment Of The Client  26