Discussion Prompt: The sixth principle of finance is that reputation matters. The unethical behavior of corporate leaders has been well-documented and publicized in previous years. On the positive side, there are ethical leaders. In this discussion, describe the actions of an ethical corporate leader. Provide an example of a recent corporate leader who exhibits these qualities. Identify by name. Do not use your own company leader or a family member as an example. Further, identify the goal and functions of financial management. Then, appraise key elements of effective corporate governance and strategies for encouraging ethical behavior.
The sixth principle of finance is that reputation matters. The unethical behavior of corporate leaders has been well-documented and publicized in previous years. On the positive side, there are ethical leaders.
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