This document discusses ethics in finance. It defines ethics as the study of concepts of right and wrong behavior. Ethics in finance means applying general ethical principles specifically to finance. Ethics in finance are important as financial components are essential to all businesses and industries. Upholding ethics in finance provides moral standards, builds confidence in business dealings, and promotes harmonious activities and behavior. Some ethical issues in finance include insider trading, hostile takeovers, asset misappropriation, and tempering books of accounts. Ethics are crucial to the financial world as they form the basis for trust within the system.