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Corporations are less likely to repurchase callable bonds when market interest rates have risen.
Duty Ethics
An ethical framework that emphasizes duties or moral obligations as the basis for action, typically associated with the philosophy of Immanuel Kant.
Personalistic Ethics
An ethical perspective that emphasizes the centrality of individual human beings and their values and moral decision-making.
End-result Ethics
A perspective on ethics that judges the morality of an action based solely on its outcomes or consequences.
Social Contract View
A theory that suggests the moral and political obligations of individuals are dependent upon an agreement among them to form the society in which they live.
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