Wednesday, October 9, 2019
Learning Styles Term Paper Example | Topics and Well Written Essays - 750 words
Learning Styles - Term Paper Example Cooperative learning finds the students working effectively in groups. The result is productive learning and if this cooperative learning is planned well the benefits are innumerable. The students should be allowed to work on topics of their own choice. This manner the studentââ¬â¢s social and academic ability would improve. The teacher can group the students based on their ability and learning skill. Therefore every group would have a top student, a middle student, and a struggling student. Examination of certain strategies in teaching would enhance better learning. As Felder and Soloman said, ââ¬Å"when planning and developing instructional material, strive for a balance of teaching styles to match various learning stylesâ⬠.The four basic styles of teaching include formal authority, demonstrator or personal model, facilitator and delegator. Formal authority epitomizes the teacher who adopts a centered approach for the teacher feels responsible for providing and calculating the impartation of knowledge which the student is to obtain and assimilate. The relationship between the teacher and student as well as between the students is not given importance. Teachers who use the formal authority method concentrate more on the content of the lesson while the student is expected to receive this content. The teacher enlightens the content and materials in a manner that enables the students to receive the crux of the lesson and appreciate the essence of the whole time spent in learning.
Monday, October 7, 2019
Fundraising Plan Essay Example | Topics and Well Written Essays - 1000 words
Fundraising Plan - Essay Example The fundraising extends a period of three weeks, a period within which the managers will develop and trade various products and services before culminating into a large fundraising dinner on 14/11/2014 at the Universityââ¬â¢s pavilion. The fundraising is a way for the universityââ¬â¢s teams to involve the community in its development. The teams seek to enjoy financial independence by creating an effective management team that will oversee the utilization of all its resources for posterity of athletics in the society (Tullberg, 2006). Hill toppers has been the name of the universityââ¬â¢s team since 1925. The teams take part in different sporting events thereby contributing to the extracurricular development of the students. Additionally, the sports offer the students with an effective platform to interact and develop their management skills. The teams have grown concurrently with the University (Blick, 2011). Since 2005, Hill toppers has achieved great success owing to the effective management of the teams. The teams have a history of raising funds to acquire resources and enhance the success of the teams. In 2007 for example, the teams raised two hundred thousand dollars for the development of both a soccer and football pitches within the university. The success of the fundraising event enhanced the performance of the two sports a feature that informs the current even which sees to raise adequate resources for refurbishing the entire universityââ¬â¢s sportââ¬â¢s fraternity. The fundraisingââ¬â¢s strengths include the diversity of the services and products. This implies that the fundraising will raise money from numerous sources. Additionally, the large duration coupled with the large number of interested stakeholders ensures that the project exhausts all its resources. Its weakness on the other hand is the huge sum it seeks
Sunday, October 6, 2019
What was the defining concept of military conflict during the Cold Essay
What was the defining concept of military conflict during the Cold War; nuclear weapons or proxy wars - Essay Example Various US policies and some significant events were clear indication that the Cold War was unavoidable (Whitton 1951). The USA fought the war using ideologies like the containment policy that had been fuelled by domino theory, Potsdam, and Yalta conferences, Iron Curtain Speech of Winston Churchill, Marshal Plan, and the Truman Doctrine and Russia responded with communist ideas (Ball 1998). Soviet expansion, proxy wars, nuclear arms race, the Berlin airlift, and Cuban Missile Crisis were some of the moments that clearly defined the tension between the USA and the Soviet Union. Therefore, there was no form of active military confrontation during the Cold wars as the nations were battling it out through political and economic ideologies. Whereas traditional wars had been defined through armed conflict, the Cold War was fought indirectly. Western and Eastern Europe countries created an atmosphere for advocating either for American or Russian processes of democracy and communism (Innes 2012). It is, therefore, important to discuss the defining concept of military conflict during the cold wars, whether it was based on proxy wars or Military conflict. When mankind had developed weapons too terrible to use like the atomic and nuclear bombs, the presence of these deadly weapons deterred the superpowers of engaging in active or direct confrontation (Stein, 1980). History holds that wars are always eminent, but development in arms race would discourage direct military action. Therefore, the best way for the super powers was to engage in limited wars that are only devastating to the participating countries and other people involved but not destructive to the global levels or result in mass destruction (Innes 2012). During the cold war, the world was divided into First, Second and Third Worlds (Ball 1998). The First Worlds comprised the western nations that had capitalist economies with
Saturday, October 5, 2019
Operational Management Issues for Services - Mapping a Service Essay
Operational Management Issues for Services - Mapping a Service Operation - Essay Example This critical investigation requires immediate attention in order to increase aircraft security and also to facilitate passengers up to the maximum extent. During the aircraft landing/chock on and take off the pilot is supposed to ensure all the equipments while making necessary confirmations. On the other hand he should inform the tower management regarding the take-off and landing condition, for instance, atmospheric pressure etc. However, if this job is done by the cabin crew then still the pilot must ensure whether or not the tower heads know about their required activities to be performed. The time allocation for pilotââ¬â¢s aircraft investigation activities is missing. Since he is the one who makes the final decision of taking off the airplane therefore he must be given enough time to check the aircraft while also communicating the required information to the crew members. The job descriptions of office people, tower heads and cabin crew are missing. For instance, they are needed to record the entire turnaround procedure while calculating time and delays. The tower heads are supposed to check flight timings, scheduling of other aircrafts, traffic signals, air plane queuing etc. Research indicates that most flights are delayed due to lack of traffic control (WU, 2003, p.314). Therefore, the role of back-office people becomes even more substantial as they need to ensure the presences of all boarding passengers, cabin crew and related staff members. Furthermore, they have to check their identities and baggage. The cabin service activities are missing which constitute of engineering checks, technical checks, airfreight cargo, information verifications etc. The time for overall turnaround process must be reduced in order to increase efficiency, aircraft performance (Thorne, 2007, p.11) and also to remove time delays. The activity graph is also missing from the turnaround operational process which should
Friday, October 4, 2019
A critical discussion of the urban experience in relation to the issue Essay
A critical discussion of the urban experience in relation to the issue of gender - Essay Example ââ¬ËMen and womenââ¬â¢s conception, experience, and use of urban space is differentââ¬â¢ (McDowell, 1983: 59). Bondi claims that ââ¬Ëurban space creates, imposes, reflects and distinguishes divisions between men and womenââ¬â¢s experiences, control and use of public and private spaces in urban environmentsââ¬â¢ (1998: 161). The study of gender and geography has, since the late 1970ââ¬â¢s been interested in the differing experiences of men and women in the city. For example, feminist geographers including McDowell (1983) and Darke (1996) have investigated how land use in the city has impacted on the way men and women live their lives, and how the role of gender impacts on the day to day experiences of men and women within the urban environment. This essay aims to explore how gender roles are played out within urban spaces. ââ¬ËWomen writing on cities have arrived at differing conclusionsââ¬â¢ (Darke, 1996: 88). Wilson (2001) for example experiences cities as exciting and liberating public environments and an escape from patriarchal imposed identities. However, she also acknowledges that ââ¬Ëin recent years feminist have argued that there could never be a female flanuerâ⬠¦urban scene was at all times represented from the point of view of the male gaze: in painting and photographs men voyeuristically stare, women are passively subjected to the gazeââ¬â¢ (Wilson, 1992: 56). The differing viewpoints between feminist geographers themselves highlight the complex nature relating to studying gender in the urban environment. ... Male domination led to men being the rulers, decision makers, generals and cultural leaders. Women were often subjected to domestic roles, hidden from public space. The introduction of womenââ¬â¢s voting rights and gender equality laws went some way to rebalance gendered experience of the city as the 20th Century drew to a close. ââ¬ËHowever, even though legal barriers to womenââ¬â¢s access to jobs and particular buildings have been removed, women are still excluded and made to feel uncomfortable in public spaceââ¬â¢ (Darke, 1996: 92). For example, Cockburn (1983) highlights how women receive not so subtle behavioural signals that tell them they are trespassing on the territory of men, e.g. wolf whistles on the street, sexual harassment in the work place and street posters depicting half naked women. Various authors including Darke (1996: 88) and Lewis et al (1989: 215) have highlighted that zoning patterns, based on stereotypical gender roles have created divisions betwe en gendered experiences of the city, in which men control public space, hence becoming more specialised and important components of identity in the public sphere, whilst women are confined to private spaces. This is emphasised by Bondi ââ¬Ëan important association remains between masculinity, public space and the city, on the one hand, and between femininity, private space, and the suburbs on the other handââ¬â¢ (1998: 162). The ââ¬Ëcity of zonesââ¬â¢ therefore compartmentalises activities such as work, leisure, travel and home life. Women are primarily seen as wives and mothers, whilst men are viewed as the breadwinner, whose job it is to go out into the public realm to earn a living and provide for ââ¬Ëhis familyââ¬â¢. Darkeââ¬â¢s (1996)
Thursday, October 3, 2019
The Verification Principle Essay Example for Free
The Verification Principle Essay Throughout the years, science has been a very productive practice. From explaining why and how things happen to sending people to the moon. Not only do we see its benefits every day, but also new discoveries are being made constantly. Science has proven its success. By using the scientific method and critical thinking, a wide range of things have been discovered. One cannot say the same for philosophy. Many of the questions that were asked by the very first philosophers are still being contemplated and debated over today. Some philosophers thought that in order to make philosophy as successful as science that they would need to adopt a method such as the scientific method. Thus, the Verification Principle came to be. The philosophers with this idea that philosophy needs to be successful, like science, were the logical positivists. These philosophers had a ââ¬Å"scientific envy,â⬠wanting to make philosophy more scientific. Their method to become more ââ¬Å"scientificâ⬠was to create the Verification Principle. It states that ââ¬Å"A statement is cognitively meaningful if and only if it is either analytic or in principle empirically verified. They thought that if something cannot be verified analytically or by experiment, then there is no need to debate about it. To understand this principle, one must understand some of the key terms and concepts in it. Something can be described as cognitively meaningful if it can be found to be true or false. Therefore, a statement must have a truth-value. According to the Verification Principle, in order to find if something is true or false, it must be analytic or in principle empirically verified. Something is analytic if it can be found by mathematical means or by using logic. Twenty divided by two equals twenty-two is an example of an analytical statement. Whether the statement that twenty divided by two equals twenty-two is correct, or not, by using mathematical reasoning, the answer can be found to be true or false. Another example of an analytical statement would be as follows: ââ¬Å"A guitar is a musical instrument, and musical instruments sound beautiful. Thus, a guitar sounds beautiful. â⬠Since the argument flows in a logical pattern, the statement is said to be analytic, and therefore, also cognitively meaningful. The last part of the Verification Principle states that a cognitively meaningful statement must be in principle empirically verified. For something to be in principle empirically verified, it must be able to be, in theory, proven experimentally. For instance, the statement, ââ¬Å"Hell is located in the core of Earth,â⬠can be empirically verified. Although it has not yet been proven or disproven, theoretically it could be. Although challenging, I am sure, but eventually we could somehow get a person, or group of people, to dig deep enough and then see if our core is in fact ââ¬Å"Hell. A new and revised Verification Principle would be as follows: A statement can be found to be true or false if and only if it can be found using mathematical reasoning, logic, or if it can be found in principle experimentally. If a statement is not found to have a truth-value using any of these methods, then it is said to be cognitively meaningless, and consequently, does not need to be discussed. The statement that ââ¬Å"God existsâ⬠would be considered cognitively meaningless. It cannot be proven mathematically, or logically, that God exists. Nor can it be proven with any type of experiment. Since it is cognitively meaningless, there is no need to debate Godââ¬â¢s existence. According to the Verification Principle, many philosophical concepts and questions no longer need to be discussed. One relevant subject, that would be deemed cognitively meaningless, is Ethics. Many if not all statements, or questions, in Ethics cannot be determined analytically or empirically verified. As such, Ethics should no longer be discussed. Whether a person murdering in the name of patriotism or defending oneââ¬â¢s own life is ethical, is pointless to debate because it has no truth-value. A mathematician cannot figure out using a formula whether these acts of murder are ethical. Neither can a person use logic to find the answer. It would be absurd to think that a person could determine the answer to the question using an experimental method. Ethics in general, becomes pointless to discuss. Many have objected to the Verification Principle since many things, are considered cognitively meaningless, but do require attention and discussion. Axiology, which asks the question ââ¬Å"What are values,â⬠is completely ââ¬Å"cognitively meaninglessâ⬠under the principle. Some would say that this could not be correct since values are imperative. Values create a sense of character, personality, and meaning. Surely, we should not just throw out the whole study of what our values are because the answer to the questions cannot be found analytically or by experiment. David Hume brings up a valid point that contradicts the Verification Principle, stating that the principle itself is self-contradicting. Hume points out that science relies on principles that cannot pass the Verification Principle. By the logical positivists trying to mirror the success of science, they created a principle that even the principles of science do not pass. One such principle is the Principle of Induction. This principle, in crude terms, states that the future will resemble the past. According to the Verification Principle, this statement is cognitively meaningless. Once again, neither mathematics nor logic can be used to determine a truth-value to this statement. It also cannot be proven in principle by experiment. Since we are always in the present or looking back into the past, we cannot say that the future will resemble the past, but science bases its rules, theories, and discoveries on this principle. Another scientific principle that does not pass the Verification Principle is the Principle of Universal Causation. It states, also crudely, that every event has a cause. Since there is no way to experimentally determine that every event that has ever happened, or will happen, has a cause, it is cognitively meaningless. Hence, if the Verification Principle is correct, then science itself is cognitively meaningless and does not need to be debated nor discussed. In my opinion, the Verification Principle is not a valid basis on which to determine whether a subject should be discussed or not. Many things, such as ethics, need to be discussed. If we chose to follow the guidelines of the principle, there would be no need to discuss ethics. This would in turn eventually cause people to forget what ethics or an ethical judgment is. There would be no sense of what is good or bad; only who has the bigger gun. Society would be reduced to animals, though we are already close to that point. By people discussing ethics, and ethical judgments, though we may never reach a conclusion or agreement on some aspects of the subject, we choose to not forget about what is just and that there is a difference between right and wrong. Though philosophy may not have all too much to show for all of its work, at least if compared to science, then at the very least it causes people to think for themselves and to not forget about things which are important to human nature. Such things as religion, ethics, values, and creativity are all important to us as humans. If using the Verification Principle, all such things would be ââ¬Å"cognitively meaningless. â⬠In a way, it is the things that are ââ¬Å"cognitively meaninglessâ⬠that are more important than the ââ¬Å"cognitively meaningful. They are what define us and not only set us apart from all other species, but also from each other. In conclusion, the Verification Principle was a way for some philosophers to make philosophy successful much like science. The principle states that ââ¬Å"A statement is cognitively meaningful if and only if it is either analytical or in principle empirically verified. â⬠Many things in philosophy, such as Ethics, in this sense are ââ¬Å"cognitively meaninglessâ⬠and should not be discussed. David Hume pointed out that science is based on principles that do not pass the Verification Principle and is therefore ââ¬Å"cognitively meaningless. To be fair, the Verification Principle was a poor attempt to try to put a value on the success of philosophy. The greatness of philosophy though, is that it is not based solely on numbers, logic, and experiments, but also on critical thinking. It is that aspect of philosophy that sets humankind apart from the rest of the animals on Earth. Although some of the questions of philosophy may never be solved, the true success of philosophy is that it causes people to think and to search for answers instead of accepting what they have always ââ¬Å"knownâ⬠as truth.
Ethics in the Finance and Investment Industry
Ethics in the Finance and Investment Industry Introduction Ethics can be defined as the study of what institutes of right or wrong behavior in terms of ones principle and integrity expected to be by society. It is the branch of philosophy that focuses on morality and the way in which moral principles are derived or the way in which a given set of moral principles applies to ones conduct in daily life. Different people face different ethical questions in their day to day life and as well as in their business life. Ethics usually assumes people are rational and make free choices correctly. We can also give or take that it has got certain rules to follow in our collaborations and our actions that affect others. There can be ethical questions that have influence in our daily life or in business life like fairness, justness, rightness or wrongness. Both ethics in finance and investing are part of business and business ethics focuses on what constitutes right or wrong behavior in the business world and on how moral and ethical principles are applied by business persons to situations that arise in their daily activities in the workplace and their handling of client asset. Ethics that are faced in personal life is much more different and complex in business life. Social Influences on Ethics When evaluating professional decisions and behavior in the finance and investment industry, high standards of ethics and blatant violations of ethical conventions are difficult to explain solely in terms of individual traits and personality. Situational factors may lead to considerable differences in the ethical standards of behavior of a single individual in different social situations-a fact that has been revealed time and again by media reports. Thus, a true understanding of the psychology of ethics in the world of finance and investment requires awareness of how people interact and influence each other ethically. 1 1. See: Thomas Oberlechner Webster University Vienna The Psychology of Ethics in the Finance and Investment Industry Research Foundation of CFA Institute from http://www.cfapubs.org/doi/pdf/10.2470/rf.v2007.n2.4697 Ethics in Finance When anyone thinks about financial market they think about money, that also trillions of dollar. With that amount of money in greed, which can be defines as excessive desire to posses wealth, mixed with competition can be powerful combination to introduce unethical behavior. This is not solely concerned with the individuals but also with financial markets and financial institutions. Financial ethics is more to do with maintaining trust between the financial industry and client. If we analyze how financial system works, it is easy to see that it is easy for financial fraud and deceit. As almost all the people in United States have a 401K which is invested in financial market through different financial companies. All the people investing their money come from different walk of life and have limited knowledge in financial market. The only way public can believe in an investing firm to invest in their lifetime saving is by trust. This trust is built over the years by these firms by foll owing correct ethical procedure (by the firm and its staffs). Ethics in the Investment Profession Ethical practices by the investment professional benefit all market participants and stakeholders and lead to increased investor confidence in global capital markets. Ethical practices instill a public trust in the fairness of markets, allowing them to function efficiently. In short, we can say that good ethics is a fundamental requirement to the investment profession. The Code of Ethics for Finance and Investment Act with integrity, competence, diligence, respect and in an ethical manner with the public, clients, prospective clients, employers, employees, colleagues in the investment profession, and other participants in the global capital markets. Place the integrity of the investment profession and the interests of clients above their own personal interests. Use reasonable care and exercise independent professional judgment when conducting investment analysis, making investment recommendations, taking investment actions, and engaging in other professional activities. Practice and encourage others to practice in a professional and ethical manner that will reflect credit on themselves and the profession. Promote the integrity of, and uphold the rules governing, capital markets. Maintain and improve their professional competence and strive to maintain and improve the competence of other investment professionals.à See: Ethical and Professional Standards and Quantitative Methods. Level I 2008. Pearson Custom Publishing The Psychology of Ethics in the Finance and Investment Industry Financial and investment professionals are mainly susceptible to ethical misconduct. But what makes some obviously violate ethical standards and even violate the law while others behave highly ethically? Besides in all the courses taught in the entire business program we are taught that the objective of rationale individual is to maximize wealth. The psychology of ethics tries to find out why and when does a person behave (un) ethical way, their motivation, influence and social dynamic behind a certain active. It also tries to analyze individual cognitive and emotional dynamics. This analysis will help figure out the most effective may an ethical code can be written and implemented. Approaches to Ethics When people talk and write about ethics in the finance and investment industry, they approach the topic in variety of ways and address different realms of ethics. Usually, their dealing with ethics takes one of three main directions: (1) what investment professionals should do, (2) what they actually do, or (3) how finance and investment professionals can be helped to get from what they actually do to what they should do. Normative Ethics What should finance and investment professionals do? As the name implies, normative ethics aims at establishing norms and guidelines for professionals regarding how they should behave. This approach to ethics is inherent in, for example, the ethical theories of moral philosophy, theology, and definitions of professional norms, standards, and acceptable behavior for a professional field. Thus, a normative approach to ethics in finance and investments defines what is ethical in this profession. It tells practitioners how investment professionals should act to be ethical, which behavior should be considered ethical, and which behavior should not. Descriptive Ethics What do investment professionals actually do? Descriptive ethics aims at describing not how people should behave but how they actually do behave. And descriptive ethics attempts to explain and predict the unethical behavior of people in real-life situations (OFallon and Butterfield 2005). Psychological research conducted in controlled laboratory studies and real world settings of professional decision makers offers a systematic and comprehensive basis for descriptive ethics in finance and investing. Only this psychological and descriptive approach allows us to understand when and why people and organizations in the investment industry engage in ethical behavior and when and why they do not. Prescriptive Ethics How can finance and investment professionals be helped to get from what they actually do to what they should do? Based on descriptive insights about the factors influencing actual ethical decision making, the Prescriptive approach to ethics aims at helping people and organizations toward ethical decision making by giving advice about how to create environments that foster ethical decisions and how to improve the ethical component of decisions. The two main questions addressed by prescriptive ethics are the following: How can we create organizations that foster ethical behavior? How can we train professionals to readily perceive the ethical dimensions of their own behavior and to act ethically? Thus, prescriptive ethics suggests tools that assist people in making the prescribed decisions. 4 4 See: Thomas Oberlechner Webster University Vienna The Psychology of Ethics in the Finance and Investment Industry Research Foundation of CFA Institute from http://www.cfapubs.org/doi/pdf/10.2470/rf.v2007.n2.4697 Ethics and Investment in Global Perspective As the financial market now is more open globally, investment flows from one country to another more efficiently. With this comes an ethical risk for a financial firm. E.g. A financial firm in US investing in Singapore, but the ethical standard in both this countries financial market are different. Now which ethics standard should the firm or its employee follow? Can a firms employee ignore financial ethics code in US when he travels to Singapore? In this situation a firm should always follow the ethics code which is stricter. If US ethics code is stricter than the one in Singapore, it should still follow the US code of ethics. For individuals, the ethics code will apply globally i.e. if a person travels to jurisdiction outside of United States he is still bound by code of ethics and SEC laws. He is still not supposed to disclose all the protected financial information to any individual or firm. When analyzing investment opportunities in emerging market a financial firm much always check the ethical code of the country he is investing in. Even if the probability of profit is high but there has been high number of cases of ethical violation then the investment might not be a good idea. A good example of this is the amount of investment that went in China during Chinas IPO boom, a lot of companies from that boom is no where to be seen and the financial report present were falsified. Ethical Issues in Finance Industry Ethical issues in the financial services industry affect everyone, because even if you dont work in the field, youre a consumer of the services.Ãâà The public seems to have the perception that the financial services sector is more unethical than other areas of business. In the real business scenario there are many positions where we act without considering the ethical implication. Sometime what we think is ethical (because of the way we are brought up in society) might not be an ethical one in the world of finance or business. For example, one can have close friend with whom he share everything in life. Like normal individuals they talk about their work along with other stuff. But for the person who works in financial market there are certain discloser standard he has to follow. Let us say their discussion is related to financial market. So is it ethical for this person who is working with a financial firm to tell his friend all about the things he has information on, that is covered under discloser standard, or is it ethical for him to tell his best friend that he cant talk about this information and then risk his friend feeling that he does not trust him?. Because lets face it if I know something and I dont tell you that means you dont trust me, t hat is the idea implanted in our brain from our childhood. This is an example of social ethics dilemma that intertwines with financial (professional) ethics. Therefore the boundary between ethical and unethical is quite skinny. So, how can do companies ensure that the company and staff follow ethical behavior? Most large firms have implemented their own code of ethics-a set of general professional guidelines to inspire employees to behave ethically and responsibly as an individual or as a group representing the company.Ãâà But as in our examples these codes are stringent dos and donts that will cause more harm than good as the employee might be hesitant to even do the right ethical thing. As there is a thin line between ethical and unethical behavior this might give the employees a false notion that anything if it is not specifically prohibited would be acceptable. In addition to the company specific codes of ethics, companies and professionals are also bound by ethical codes of conducts of numerous professional organizations and institutions. Companies should train employees to these organizational code of ethics would be more effective as employee would think that its a global financial society standard. As global financial market is more combined with millions of transactions daily, the chances of business and professions using to more unethical conduct in todays age compared to previous decades. However, in this internet age, business condition and the resulting troubles are more complex. For example, companies and CEOs (for a public company) have to put their shareholders interest first before any other. The shareholder interest is to get maximum profit; CEOs are paid million of dollar in benefit and salary to achieve the goal of maximum profitability. They are under tremendous pressure to keep the company profitable every quarter and also outperform its competition. This might lead to a situation where the companies higher level staff might think they have found a loophole in the system and perform unethical adjustments of financial numbers. Recent example we can find is the collapse of ENRON because of fraud and FANNIE MAE accounting irregularities in start of this decade. It can also be pointed out that that ethical behavior is governed more by the individual rather than the environment. If we can establish a norm on the financial industry that its not only immoral to do unethical activity but its also immoral to not to notify of other peoples unethical activity, then there will be more violations reported. There have few instances where whistleblowers have reproted unethical behavior or violations of the companys code of ethics and brought big corporations down to their knees. But these kind of whistle blowing is rare. Research shows that this rarity is because whistleblowers are scared of getting fired from their jobs, especially if the violators are of higher post. In ones mind question arises is it ethical to whistleblower a violation and risk getting fired or is it ethical to keep quite and not risk putting food on family table? Companies should try to resolve this kind of dilemma , by implementing anonymous whistleblower program and by rewarding a them anonymously. A company code of ethics is useful only when the companys actions are consistent with it. Only then can it be followed consistently within the company. Conclusion Our society is interworking of people built in the pillar of trust. This trust is based on molarity and ethical behavior. For financial market not only Ethics is the pillar, it is also a ladder for success. Lose that trust and the firm or individual is going downhill. So financial firms should not only keep code of ethics in paper but also promote self-regulation. For financial market Ethical integrity is paramount and clients always come first.
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