3/2/23, 3:33 PM Financial Ethics Case Studies - Seven Pillars Institute

Case Studies
 

The Institute welcomes readers to contribute to its online library of Financial Ethics Case
Studies (FECS). The cases should be financial in scope and contain ethical issues. These issues
should then be discussed and analyzed using one or more rigorous frameworks of Moral
Philosophy. Remedies or policy recommendations are encouraged.  Please send case studies
to: kara@sevenpillarsinstitute.org.

       LIST OF CASE STUDIES

1. Ethics View: Cloudflare in Russia
2. Seven Pillars Institute Special Report: An Ethics Assessment of the IEA’s Net Zero by
2020
3. NFTs: Risks, Rewards, Ethics
4. McKinsey and Its Opioids Scandal
5. The Ethics of China’s Zero Covid Policy
6. An Alternative Approach to Wealth Tax
7. AI in Finance: Opportunities, Sustainability, Ethics
8. Blockchain as a Force for Good (Part 1)

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9. Blockchain as a Force for Good (Part 2)

10. Green Bonds without Greenwashing
11. Ethics Update on Cryptocurrencies
12. Covid-19 Pandemic Worsens Inequality
13. Universal Basic Income: A Pandemic Based Reassessment
14. Climate Change, Diversity, Inclusion: Where Warren Buffet Stands
15. The EU Taxonomy
16. Ethics Review: Global Minimum Corporate Tax
17. Case Study: Luckin Coffee Accounting Fraud
18. Council for Inclusive Capitalism: Greenwashing Dangers
19. Ethics Review: DOL Fiduciary Rule
20. Case Studies from a Woman’s Life on Wall Street
21. Ethics Review: Donor Advised Funds
22. Case Study: Equifax Data Breach
23. Ethics Study: Silicon Valley Housing Crisis
24. Ethics Review of Carbon Taxes
25. The Ethics of Impact Investing
26. Ethics Analysis: Fossil Fuel Divestment
27. Central Banks: New Stakeholders of Human Rights
28. CliFin Case Study: The European Green Deal
29. Wirecard: Another Fintech Fraud
30. Tax Avoidance, Its Effects, and Dutch Facilitation
31. Ethics Analysis: The (Non)Use of University Endowments for Pandemic Shortfalls
32. Finance Needs ‘Bilinguals’ Too
33. Evaluating the Paycheck Protection Program
34. Human Rights and Austerity: The IMF as a Handmaiden of Neoliberalism
35. Ethics Review of Green Bonds
36. High Frequency Trading(2): Ethics Assessment
37. High Frequency Trading(1): Empirical Assessment
38. Mutual Fund Fees: Transparency and Worth
39. Are Museums Right to Refuse Sackler Money?
40. Greenwashing: The Dow Jones Sustainability Indices Case
41. Is Warren Buffett an Ethical Investor?
42. The Case of Danske Bank and Money Laundering
43. Banking Structure Shapes Banking Ethics
44. Fintech Payday Lending: The Case of Wonga
45. Hikvision and Dahua: The Case for Divestment
46. CliFin: Asset Management and Climate Change
47. Peer to Peer Lending: Lending Club
48. CliFin: Climate Finance to Avoid Climategeddon
49. Big Data and Impact Investing
50. The Case of Vijay Mallya and Kingfisher Airlines
51. Ethics of College Football Funding: The Case of the University of Kansas
52. Islamic Financing: Malaysian Sukuk
53. Technology and Unemployment
54. India’s DEMONetization: An Ethics Analysis
55. Conflicts of Interest: Wilbur Ross
56. ANZ, Deutsche Bank, Citi: Criminal Cartel Case

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57. Financial Ethics in Catholic Social Justice

58. Ethics Assessment: International Financial Institutions
59. ESG and Government Regulation
60. Payday Lending: An Ethics Evaluation
61. Commonwealth Bank of Australia Money Laundering Case
62. Morgan Stanley Code of Ethics: 2008 vs. 2018
63. Ethical Investing: Norway’s Sovereign Wealth Fund
64. A Sweet Deal? The Ethics of Sugar Taxes
65. Universal Basic Income: More Empirical Studies
66. Ethics Assessment: Consumer Financial Protection Bureau
67. Fairness Assessment: Australian Housing Tax Subsidies
68. Och-Ziff’s African Bribery
69. Globalization, Wealth Inequality…then Protectionism
70. Flooding the Swamp: The Case of Michael Catanzaro
71. CETA: Free Trade for the Common Good
72. Impact Investing: Big Society Capital
73. Battle for the Soul of Bitcoin
74. Wealth Inequality Workshop: A Video Documentary
75. Philosophical Foundations of Impact Investing
76. Mylan’s EpiPen Pricing Scandal
77. Bitcoin: To Regulate or Not To Regulate?
78. Argentina vs. the Hedge Funds: the 2014 Argentina Bond Default
79. Crash Interventions: Shanghai Stock Market Case
80. Case Study: Banca Monte dei Paschi di Siena
81. Case Study: Iceland’s Banking Crisis
82. Impact Investments: Good Profits?
83. When Businessmen Rule The State
84. Case Study: Deutsche Bank Money Laundering Scheme
85. Ethics Analysis: The Panama Papers
86. Wells Fargo Fake Accounts Scandal
87. Ethics Analysis: Foreign Bribery Part 2: Trump Financial Ethics Watch Series
88. Ethics Analysis: Trump’s Conflicts of Interest Part 1: Trump Financial Ethics Watch
Series
89. Ethics of US Student Loan Debt
90. Pharmaceutical Industry Ethics
91. The Valeant Pharmaceuticals Case
92. Trade Adjustment Assistance and Game Theory
93. Universal Basic Income: Empirical Studies
94. Ethics of Universal Basic Income
95. The Ethics of Tax Breaks on Bank Fines
96. The Transparency Task Force
97. 2008 Financial Crisis
98. Review: The Big Short
99. Ethics of Socially Responsible Funds
100. Mitigating TBTF: The Australian Four Pillars Policy
101. The Ethics of China’s Land Expropriation Rules and Reforms
102. Necessity and The Minimum Wage
103. Financing America’s Public Schools Ethically

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104. The Alchemy of the G-30 Report on Banking Conduct and Culture
105. Has Bank Culture Changed to Ensure Ethical Behavior?
106. More on the Ethics of Bitcoin
107. Ferguson: A Financial Ethics Explanation
108. Tax Systems: A Brief Ethical Discourse
109. The Case of Goldman Sachs and 1MDB
110. The Ethics of Bitcoin
111. Ethical Issues of the Puerto Rico Debt Crisis
112. Forex Scandal: The Ethics of Exchange Rate Manipulation
113. Codes of Ethics for Financial Institutions
114. Income Inequality Series
115. Insider Trading Cases
116. Taxation Cases
117. India Series
118. Asian Cases
119. Global Financial Leaders Insist on the Necessity of Financial Ethics
120. JPMorgan: Code of Ethics and Revisions Since the 2008 Financial Crisis
121. Goldman Sachs: Code of Ethics Post 2008
122. Trans-Pacific Partnership: Common Good or Corporate Good?
123. China and Corruption: The Case of GlaxoSmithKline
124. Ethics and Trickle Down Economics: A Case Study of Kansas
125. Community Banking: The Case of The Bank of Prairie Village
126. Greek Debt Crisis: The EU Should Learn from UAE
127. The Ethics of Executive Compensation: A Matter of Duty
128. The Ethics of Swiss National Bank’s Currency Intervention
129. Credit Default Swaps: An Update
130. Profit and Ethics in Short Selling: The Case of Muddy Waters
131. The Fall of Anglo Irish Bank
132. Corporate Fraud in India: Case Studies of Sahara and Saradha
133. Corporate Disasters in India: Bhopal, Uphaar and AMRI Hospital
134. Hong Kong: Economic Freedom Belies Crony Capitalism
135. An Ethical Analysis of the 2014 FIFA World Cup in Brazil
136. Cross Border Securities Enforcement: The Case of Tiger Asia Management, LLC
137. The Effectiveness and Ethics of Economic Sanctions
138. The Vatican Bank: Conforming to Caritas in Veritate?
139. Policy and Poverty: US, UK and China
140. Cheung Kong and the Apex Horizon Hotel
141. Chinese Investments in Africa: The Ethics of Transparency
142. The Bangladeshi Factory Collapse: A Case for Intervention and Policy Change
143. The LIBOR Scandal and Reform Agenda: Can We Trust These Rates Again?
144. What Should We Charge the Poor: Ethics in Microfinance
145. Shining a Light on Dark Pools
146. The EU Financial Transaction Tax Debate
147. HSBC Money Laundering Case: “Too Big to Fail” does not mean “Too Big to Jail”
148. Quantitative Easing and Income Inequality
149. Bank of America’s Takeover of Merrill Lynch
150. Insider Trading in Japan: The Nomura Case
151. Private Equity Funds: Christian Ethics and Leveraged Buyout Funding

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152. The FSA vs. David Einhorn: A Case of Regulatory Overreach?

153. Nationalization: Argentina vs. Spain, The YPF Repsol Case
154. Jon Corzine and MF Global
155. Dimon and the Whale
156. The Ethics of Taxation Trilogy: Part I – An Ethical Analysis of Inheritance Tax
157. The Ethics of Taxation Trilogy: Part II – The Buffett Rule: The Ethics of a Millionaire’s
Tax
158. The Ethics of Taxation Trilogy: Part III – Carried Interest and Taxing Private Equity
159. Taiwan’s Asset Management Corporations
160. Insider Trading: What Would Rawls Do?
161. The Dearth of Ethics and the Death of Lehman Brothers
162. Financing, Ethics, and the Brazilian Olympics
163. Islamic Finance
164. Taiwan’s Credit Card Crisis
165. The Accumulation of Greek Debt
166. Goldman Sachs and the ABACUS deal
167. High Frequency Trading
168. Hedge Funds
169. Disclosure: The Bernie Madoff Case
170. Mark Cuban and Insider Trading
171. IndyMac and the Office of Thrift Supervision
172. Lehman Brothers and Repo Accounting
173. Municipal Reinvestment Case
174. Raj Rajaratnam and Insider Trading

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