Financial decision making is a vital process for the success of business. Today's business environment is very volatile, and companies are continually facing changes in the external environment. In such conditions, it is important to understand the affect of ethical and regulatory changes in the business. The company should also evaluate and select the best financing option in time of economic downturn.
Discussion
The Impact of Ethical Considerations on Financial Policy Decisions
The collapse of WorldCom and Enron present a classical case study for assessing the importance of ethics in financial matters. Ethics is the most significant ...