You can contact an instructor by clicking the Wall Street Instructors logo on any page.
Copyright ©2007 Wall Street Instructors, Inc. All rights reserved. No portion of this publication may be reproduced, stored in a retrieval system, or transmitted in any form by any means electronic, mechanical, photocopying, recording or otherwise without prior written permission of Wall Street Instructors, Inc.
Nature of Ethics
The important points addressed in this lesson are:
Humans are social animals -- we don't exist alone -- therefore, an ethical system is necessary.
Of the two methods available to resolve disagreements -- force and reason -- reason provides the best possible outcome for society
The Golden Rule has been adopted by most of the world's religions as a cornerstone of their ethical framework.
Compliance and ethics are closely related concepts, but they are not identical.
Professions are characterized by specialized knowledge and an ethical code to which members are expected to adhere.