The new millennium has been marked by a succession of corporate scandals caused by astonishing ethical lapses. What started with Enron has turned out to be a global phenomenon with enormous repercussions.

In response many companies have expanded their governance codes and compliance functions which has exacerbated the problem by encouraging a risk management culture rather than an ethics culture. Too many boards have delegated the task of ethics to ethics officers, who in turn have relied on consultants to define the company's values. Ethics has become something that "other people" do in the company.

This book restores ethical judgment to corporate culture.

Bringing together the expertise and experience of John Plender, the FT columnist, and Avinash D. Persaud, academic and finance guru, All you need to know about Ethics and Finance examines the issues and pressures faced by all in business and finance.

John Plender says: "A mentality sets in whereby ticking the box is regarded as satisfying all ethical as well as regulatory requirements. Our aim is to encourage people to think and question in order to come to their own conclusions as to what doing the right thing means when faced with the extraordinary variety of ethical dilemmas thrown up by modern business."

Written with up-to-date case studies and examples, this latest title in the All You Need To Know series does not delve into philosophical discourse - instead, the authors aim to provide a working and understandable guide that can be used by all working in business and finance.