First and Last Name/s of Presenters

Elisa DeSousaFollow

Mentor/s

Prof. Stannard Prof. Little

Participation Type

Paper Talk

Abstract

This interdisciplinary paper focuses on the unethical decisions of business professionals that led to the Global Financial Crisis (GFC) of 2008. The paper addresses the importance of ethical practice in business and provides an overview of how unethical choices by financial industry leaders and practitioners greatly contributed to the GFC and the economic distress that followed. The regulatory legislation enacted by the US Congress in the immediate aftermath validates the extent to which unethical choices negatively impacted and destabilized the global economic environment. Conclusively, it is appropriate to reason that human choices can be better guided by certain rules and laws to help prevent the deregulation which helped cultivate the opportunity for unethical choices.

College and Major available

Accounting, Finance

Course Name and Number, Professor Name

Prof. Little & Stannard HN-300-D

Location

Digital Commons

Start Day/Time

4-24-2020 2:00 PM

End Day/Time

4-24-2020 4:00 PM

Students' Information

Elisa DeSousa, Accounting & Finance, Honors student, 2020.

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Apr 24th, 2:00 PM Apr 24th, 4:00 PM

The Ethical Dilemmas Behind the 2008 Global Financial Crisis

Digital Commons

This interdisciplinary paper focuses on the unethical decisions of business professionals that led to the Global Financial Crisis (GFC) of 2008. The paper addresses the importance of ethical practice in business and provides an overview of how unethical choices by financial industry leaders and practitioners greatly contributed to the GFC and the economic distress that followed. The regulatory legislation enacted by the US Congress in the immediate aftermath validates the extent to which unethical choices negatively impacted and destabilized the global economic environment. Conclusively, it is appropriate to reason that human choices can be better guided by certain rules and laws to help prevent the deregulation which helped cultivate the opportunity for unethical choices.

 

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