Research Has Concluded That Merely Codifying Ethical Values of a Profession

question 39

Multiple Choice

Research has concluded that merely codifying ethical values of a profession is of limited value without _____.

• A) training members on the code
• B) promoting the code of ethics
• C) asking leadership to behave in a manner consistent with the code
• D) a significant punishment structure
• E) asking for a personal commitment to the code

---

Definitions:

Risk-free Rate

The return an investor would expect from an absolutely risk-free investment over a specified period.

Expected Market Rate

The anticipated return on investment in the market based on past trends and future forecasts.

Perpetual Cash Flow

Cash flows that are expected to continue forever, often used in valuation methods for investments with no specific end date.

Listed Beta

The beta value of a stock that is published on financial websites or listed by stock exchanges, representing its volatility.