IDEAS home Printed from https://ideas.repec.org/a/taf/ufajxx/v60y2004i3p6-8.html
   My bibliography  Save this article

Ethics and Unintended Consequences

Author

Listed:
  • Robert D. Arnott

Abstract

The gravity of the ethical lapses and illegal behavior confronting the financial community is undeniable. Equally important is that in dealing with the problems, the community avoid harmful unintended consequences of actions to eliminate the problems. Arnott raises questions about some of the rules and legislation already proposed, the capricious enforcement of some rules, and vast areas (such as aggressive accounting) that are almost being ignored. He then calls on the financial community to forestall heavy-handed laws and rules by taking a stand for ethical business dealing. The community can, for example, make unethical conduct unprofitable by selling holdings in companies that engage in unethical activities or accept ethical ambiguity.

Suggested Citation

  • Robert D. Arnott, 2004. "Ethics and Unintended Consequences," Financial Analysts Journal, Taylor & Francis Journals, vol. 60(3), pages 6-8, May.
    • Handle: RePEc:taf:ufajxx:v:60:y:2004:i:3:p:6-8
    DOI: 10.2469/faj.v60.n3.2615
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2469/faj.v60.n3.2615
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.2469/faj.v60.n3.2615?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ufajxx:v:60:y:2004:i:3:p:6-8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ufaj20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.