Why should I choose AnalystNotes?

AnalystNotes specializes in helping candidates pass. Period.

Subject 3. Challenges to Ethical Conduct PDF Download

Challenges to ethical behavior include:

  • the overconfidence bias. Most of us simply assume that we are good people and will therefore make sound ethical decisions. This overconfidence in one's own moral compass can lead to making decisions without serious ethical reflection.

  • situational influences, which are external factors such as environmental or cultural elements. They can motivate individuals to act in their short-term interests without recognizing the long-term risks or consequences for themselves and others. Examples include financial rewards, prestige, and loyalty to employer and colleagues.

User Contributed Comments 3

User Comment
rodwsi Situational influences include money, bonuses, promotions, prestige and loyalty to employer/colleagues.
bushi It's fascinating to see how common it is to hear fund managers state something like, "I know everyone thinks they're above average, but I really am."
chop21 The overconfidence bias is our tendency to be more confident in our ability to act ethically than is objectively justified by our abilities and moral character.
You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

My Own Flashcard

No flashcard found. Add a private flashcard for the subject.

Add

Actions