Kidder's theory of ethics

Article Abstract:

Rushworth M. Kidder provides some workable definitions for ethics in his book 'How Good People Make Tough Choices.' He points out that most decisions are not ethical ones because there is no ethical dilemma as long as the good and bad is obvious. Grey areas involve decisions between truth versus loyalty, short- versus long-term, individual versus group and justice versus mercy. Business ethics is a difficult area because no one is officially responsible for judging ethical behavior and employees are sometimes encouraged to practice unethical behavior by management.

Analysis, Criticism and interpretation, Business ethics, Kidder, Rushworth M., How Good People Make Tough Choices (Book)

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(The American College's professional pledge and financial planners' Code of Ethics.)

Article Abstract:

The American College's professional pledge requires that financial planners put the interests of the client before their own as do the American Society of CLU and ChFC's Code of Ethics. However, these ethics guidelines provide only general statements of conduct without specifics to help students develop the correct ethical outlook. Therefore, students must understand basic ethical tenets such as lying is wrong and acquire the knowledge to deal with specific ethical situations through experience and trial and error.

Ethical aspects, Financial planners

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Ethics by definition

Article Abstract:

Ethics are difficult to define but have two essential characteristics: they are acquired or developed, not inherent, and they represent ideal rather than common conduct. As ethics concern the conflicts between preserving oneself and helping others, the highest ethics place others' wishes and well-being ahead of one's own. An act that does not exemplify the most ethical behavior, however, is not necessarily unethical, or even socially unacceptable. The American Society offers its Code of Ethics as a goal.

Social aspects

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