A number of factors have combined to undermine confidence in corporate governance, ranging from a failure to address growing pay inequality, poor treatment of workers within the gig economy and the failure by multinational organisations to respect their obligations to society by, for example, paying appropriate amounts of tax.
The ethical code under which actuaries operate can make them more sensitised to such issues than some of their colleagues around the board table. The concept of equity is central to actuarial thinking and values and the current debate on Section 172 of the Companies Act, requiring companies to have regard to the interests of suppliers, customers and employees etc, could result in actuaries taking a lead in such debates.
These issues require consideration of business ethics and how these influence culture. When do business ethics conflict with professional ethics? Whilst good ethical behaviour should ideally be conducive to business success, short-term business objectives can conflict with creating long-term sustainable businesses and sustainable relationships with customers.
Contact Events Team for more information.
0207 632 1498
|17.00 - 17.30||Registration|
|17.30 - 18.45||Presentation|
|18.45 - 19.30||Q&A discussion|
|19.30 - 20.00||Networking with drinks|
Staple Inn Hall,
Nearest Public Transport