Riley and Cohen: Investment managers

Riley and Cohen, a new, small firm of investment managers, is facing a series of ethical dilemmas. In each case the members of the firm must choose between taking an action which will help insure their survival as a firm or rejecting the action because of moral considerations. One group of such acti...

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Bibliographic Details
Authors: Grunewald, Donald (Author) ; Shaviro, Sol (Author)
Format: Electronic Article
Language:English
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Published: Proquest 1989
In: International journal of value-based management
Year: 1989, Volume: 2, Issue: 1, Pages: 45-51
Further subjects:B Religious Group
B Small Firm
B Investment Decision
B Unethical Behavior
B Ethical Dilemma
Online Access: Volltext (lizenzpflichtig)
Description
Summary:Riley and Cohen, a new, small firm of investment managers, is facing a series of ethical dilemmas. In each case the members of the firm must choose between taking an action which will help insure their survival as a firm or rejecting the action because of moral considerations. One group of such actions may involve the possibility of direct unethical behavior by the new firm, as payment of a bribe, providing a client with an “escort” service, and making an undesirable political contribution. Another group of problems deals with how their investment decisions should be influenced by their personal values and those of their clients. These cases include investments in firms which produce condoms or cigarettes, practice abortion, discriminate against women and religious groups, do business with South Africa or the Soviet Union, or are involved in gambling. A consultant will make recommendations to Riley and Cohen about what to do, but ultimately the decision is theirs.
ISSN:1572-8528
Contains:Enthalten in: International journal of value-based management
Persistent identifiers:DOI: 10.1007/BF01714969