Ask Question
4 February, 08:45

Is it unethical for a company like Goldman to permit its managers to trade on the company's account (i. e., invest on the company's behalf rather than an external client's behalf) ? If not, how should policies be designed to prevent conflicts of interest from arising between trades on behalf of the firm and trades on behalf of clients?

+2
Answers (1)
  1. 4 February, 08:55
    0
    yes. it is unethical. many malpractices such as,

    possibility for theft, insider trading, short selling fraud

    could arise as a result of this. only the highest authoritative figures like CEO or CFO should be allowed to do that with transparency and accountability.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Is it unethical for a company like Goldman to permit its managers to trade on the company's account (i. e., invest on the company's behalf ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers