Skip to main content
Skip header

Ethics in Finance

Type of study Follow-up Master
Language of instruction English
Code 154-0569/01
Abbreviation EF
Course title Ethics in Finance
Credits 3
Coordinating department Department of Finance
Course coordinator Ing. Kateřina Kořená, Ph.D.

Subject syllabus

Contents:
1. Professionalism
- Ethics as a central issue in financial services
- Importance pf knowledge of the law , rules and regulation
- Role of regulation in corporate finance and financial markets
- Plagiarism policy

2. Integrity of Financial Markets
- Ethical use of information, information asymmetry
- Trading on insider information
- Investment banking and Chinese walls
- Market manipulation

3. Ethics and Business
- Concrete examples of unethical behaviour in corporations
- Investing in companies with good corporate governance practices
- Socially responsible investing

4. Duties to Clients and Employers
- Loyalty, prudence, and care
- Fair dealing and suitability
- Ethical reporting of financial performance
- Investment analysis, recommendations, and actions
- Conflicts of interest
- Communication with clients, priority of transactions and referral fees

Literature

JENNINGS, Marianne. Ethics and financial markets: the role of the analyst. New York: Research Foundation of CFA Institute, 2013. ISBN 978-1-934667-61-3 .
PECK, Sarah W. Investment ethics. Hoboken: John Wiley & Sons, 2011. ISBN 978-0-470-43453-6.

Advised literature

BOATRIGHT, John R. Ethics in finance. Chichester: Wiley-Blackwell, 2014. ISBN 978-1-118-61582-9 .