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Corporate ethics effective importance to quantify risk

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1. Are corporate ethics codes effective in preventing improper employee behavior? Explain your answer.

2. In assessing risks, is it important to quantify possible losses in monetary terms? Why or why not?

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Answer:
1. Are corporate ethics codes effective in preventing improper employee behavior? Explain your answer.

Yes corporate ethics codes are effective but only at those places where monitoring is done in a planned manner. Corporate ethics code bounds the employees to work within certain limits and a contract is already signed with ...

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  • MBA, Indian Institute of Finance
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