Financial Transaction and Fiduciary Obligation: Ethics, Economics or Commingled Commitment?

• Main Authors: Palliam, Romila, Lee, Caldwell, Ghosh, Dilip K.
• Format: Article
• Language: English
• Published: UUM Press 2012
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/25003/1/IJBF%209%204%202012%201%2027.pdf; http://repo.uum.edu.my/25003/; http://ijbf.uum.edu.my/index.php/previous-issues/148-the-international-journal-of-banking-and-finance-ijbf-vol-9-no-4-2012
• Institution: Universiti Utara Malaysia

Financial transactions and fiduciary obligations are simply intertwined. Fiduciaries are subject to the principle of fidelity. It appears, at times at least, public trust in fiduciary commitments is declining as a result of fiduciaries’ selective reporting of financial events and the existence of co...