What You Can Do to Improve Ethics at Your Company

Business Ethics for a Finance Manager Financial managers must have the skills to handle large sums of other peoples' money, but skill alone isn't enough. The potential for financial managers to line their own pockets or ruin a client or company through bad judgment is immense. It's essential to have a code of ethics in finance and to live up to those principles every day. Ethics in Finance The role of ethics in financial management is to balance, protect and preserve stakeholders' interests. Eli Lilly and Company, for example, says its code of ethics in finance covers obligations to management, fellow employees, business partners, the public and shareholders. Conflicts of Interest Underlying the role of ethics in financial management is a fiduciary duty. Managers must act in the interests of their clients and employers, not their own. If there's a conflict of interest where you can enrich yourself while harming a client, you must side with t