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. ESG Investing: Perils and Pertinence
  2. Case Study: FTX and Sam Bankman-Fried
  3. Financial Ethics 101: Fiduciary Duty
  4. The Problem with ChatGPT Writing Your Essay
  5. EU Carbon Border Tax: Justice Matters
  6. Amazon Bestseller: Ethics in Finance
  7. Financial Ethics 101: Insider Trading
  8. Ethics in Finance Second Edition Now Available
  9. Native Colleges Need Money Not Apologies
  10. The Green Climate Fund Lacks Procedural Justice
  11. COP27: Adaptation Without Mitigation
  12. Financial Ethics 101: Money Laundering
  13. Higher Interest Rates in Australia: Burdens and Rewards
  14. The Ethics of India Buying Russian Oil
  15. The Justness of Russian Sanctions
  16. Ethics View: Cloudflare in Russia
  17. Seven Pillars Institute Special Report: An Ethics Assessment of the IEA’s Net Zero by 2020
  18. NFTs: Risks, Rewards, Ethics
  19. McKinsey and Its Opioids Scandal
  20. The Ethics of China’s Zero Covid Policy
  21. An Alternative Approach to Wealth Tax
  22. AI in Finance: Opportunities, Sustainability, Ethics
  23. Blockchain as a Force for Good (Part 1)
  24. Blockchain as a Force for Good (Part 2)
  25. Green Bonds without Greenwashing
  26. Ethics Update on Cryptocurrencies
  27. Covid-19 Pandemic Worsens Inequality
  28. Universal Basic Income: A Pandemic Based Reassessment
  29. Climate Change, Diversity, Inclusion: Where Warren Buffet Stands
  30. The EU Taxonomy
  31. Ethics Review: Global Minimum Corporate Tax
  32. Case Study: Luckin Coffee Accounting Fraud
  33. Council for Inclusive Capitalism: Greenwashing Dangers
  34. Ethics Review: DOL Fiduciary Rule
  35. Case Studies from a Woman’s Life on Wall Street
  36. Ethics Review: Donor Advised Funds
  37. Case Study: Equifax Data Breach
  38. Ethics Study: Silicon Valley Housing Crisis
  39. Ethics Review of Carbon Taxes
  40. The Ethics of Impact Investing
  41. Ethics Analysis: Fossil Fuel Divestment
  42. Central Banks: New Stakeholders of Human Rights
  43. CliFin Case Study: The European Green Deal
  44. Wirecard: Another Fintech Fraud
  45. Tax Avoidance, Its Effects, and Dutch Facilitation
  46. Ethics Analysis: The (Non)Use of University Endowments for Pandemic Shortfalls
  47. Finance Needs ‘Bilinguals’ Too
  48. Evaluating the Paycheck Protection Program
  49. Human Rights and Austerity: The IMF as a Handmaiden of Neoliberalism
  50. Ethics Review of Green Bonds
  51. High Frequency Trading(2): Ethics Assessment
  52. High Frequency Trading(1): Empirical Assessment
  53. Mutual Fund Fees: Transparency and Worth
  54. Are Museums Right to Refuse Sackler Money?
  55. Greenwashing: The Dow Jones Sustainability Indices Case
  56. Is Warren Buffett an Ethical Investor?
  57. The Case of Danske Bank and Money Laundering
  58. Banking Structure Shapes Banking Ethics
  59. Fintech Payday Lending: The Case of Wonga
  60. Hikvision and Dahua: The Case for Divestment
  61. CliFin: Asset Management and Climate Change
  62. Peer to Peer Lending: Lending Club
  63. CliFin: Climate Finance to Avoid Climategeddon
  64. Big Data and Impact Investing
  65. The Case of Vijay Mallya and Kingfisher Airlines
  66. Ethics of College Football Funding: The Case of the University of Kansas
  67. Islamic Financing: Malaysian Sukuk
  68. Technology and Unemployment
  69. India’s DEMONetization: An Ethics Analysis
  70. Conflicts of Interest: Wilbur Ross
  71. ANZ, Deutsche Bank, Citi: Criminal Cartel Case
  72. Financial Ethics in Catholic Social Justice
  73. Ethics Assessment: International Financial Institutions
  74. ESG and Government Regulation
  75. Payday Lending: An Ethics Evaluation
  76. Commonwealth Bank of Australia Money Laundering Case
  77. Morgan Stanley Code of Ethics: 2008 vs. 2018
  78. Ethical Investing: Norway’s Sovereign Wealth Fund
  79. A Sweet Deal? The Ethics of Sugar Taxes
  80. Universal Basic Income: More Empirical Studies
  81. Ethics Assessment: Consumer Financial Protection Bureau
  82. Fairness Assessment: Australian Housing Tax Subsidies
  83. Och-Ziff’s African Bribery
  84. Globalization, Wealth Inequality…then Protectionism
  85. Flooding the Swamp: The Case of Michael Catanzaro
  86. CETA: Free Trade for the Common Good
  87. Impact Investing: Big Society Capital
  88. Battle for the Soul of Bitcoin
  89. Wealth Inequality Workshop: A Video Documentary
  90. Philosophical Foundations of Impact Investing
  91. Mylan’s EpiPen Pricing Scandal
  92. Bitcoin: To Regulate or Not To Regulate?
  93. Argentina vs. the Hedge Funds: the 2014 Argentina Bond Default
  94. Crash Interventions: Shanghai Stock Market Case
  95. Case Study: Banca Monte dei Paschi di Siena
  96. Case Study: Iceland’s Banking Crisis
  97. Impact Investments: Good Profits?
  98. When Businessmen Rule The State
  99. Case Study: Deutsche Bank Money Laundering Scheme
  100. Ethics Analysis: The Panama Papers
  101. Wells Fargo Fake Accounts Scandal
  102. Ethics Analysis: Foreign Bribery Part 2: Trump Financial Ethics Watch Series
  103. Ethics Analysis: Trump’s Conflicts of Interest Part 1: Trump Financial Ethics Watch Series
  104. Ethics of US Student Loan Debt
  105. Pharmaceutical Industry Ethics
  106. The Valeant Pharmaceuticals Case
  107. Trade Adjustment Assistance and Game Theory
  108. Universal Basic Income: Empirical Studies
  109. Ethics of Universal Basic Income
  110. The Ethics of Tax Breaks on Bank Fines
  111. The Transparency Task Force
  112. 2008 Financial Crisis
  113. Review: The Big Short
  114. Ethics of Socially Responsible Funds
  115. Mitigating TBTF: The Australian Four Pillars Policy
  116. The Ethics of China’s Land Expropriation Rules and Reforms
  117. Necessity and The Minimum Wage
  118. Financing America’s Public Schools Ethically
  119. The Alchemy of the G-30 Report on Banking Conduct and Culture
  120. Has Bank Culture Changed to Ensure Ethical Behavior?
  121. More on the Ethics of Bitcoin
  122. Ferguson: A Financial Ethics Explanation
  123. Tax Systems: A Brief Ethical Discourse
  124. The Case of Goldman Sachs and 1MDB
  125. The Ethics of Bitcoin
  126. Ethical Issues of the Puerto Rico Debt Crisis
  127. Forex Scandal: The Ethics of Exchange Rate Manipulation
  128. Codes of Ethics for Financial Institutions
  129. Income Inequality Series
  130. Insider Trading Cases
  131. Taxation Cases
  132. India Series
  133. Asian Cases
  134. Global Financial Leaders Insist on the Necessity of Financial Ethics
  135. JPMorgan: Code of Ethics and Revisions Since the 2008 Financial Crisis
  136. Goldman Sachs: Code of Ethics Post 2008
  137. Trans-Pacific Partnership: Common Good or Corporate Good?
  138. China and Corruption: The Case of GlaxoSmithKline
  139. Ethics and Trickle Down Economics: A Case Study of Kansas
  140. Community Banking: The Case of The Bank of Prairie Village
  141. Greek Debt Crisis: The EU Should Learn from UAE
  142. The Ethics of Executive Compensation: A Matter of Duty
  143. The Ethics of Swiss National Bank’s Currency Intervention
  144. Credit Default Swaps: An Update
  145. Profit and Ethics in Short Selling: The Case of Muddy Waters
  146. The Fall of Anglo Irish Bank
  147. Corporate Fraud in India: Case Studies of Sahara and Saradha
  148. Corporate Disasters in India: Bhopal, Uphaar and AMRI Hospital
  149. Hong Kong: Economic Freedom Belies Crony Capitalism
  150. An Ethical Analysis of the 2014 FIFA World Cup in Brazil
  151. Cross Border Securities Enforcement: The Case of Tiger Asia Management, LLC
  152. The Effectiveness and Ethics of Economic Sanctions
  153. The Vatican Bank: Conforming to Caritas in Veritate?
  154. Policy and Poverty: US, UK and China
  155. Cheung Kong and the Apex Horizon Hotel
  156. Chinese Investments in Africa: The Ethics of Transparency
  157. The Bangladeshi Factory Collapse: A Case for Intervention and Policy Change
  158. The LIBOR Scandal and Reform Agenda: Can We Trust These Rates Again?
  159. What Should We Charge the Poor: Ethics in Microfinance
  160. Shining a Light on Dark Pools
  161. The EU Financial Transaction Tax Debate
  162. HSBC Money Laundering Case: “Too Big to Fail” does not mean “Too Big to Jail”
  163. Quantitative Easing and Income Inequality
  164. Bank of America’s Takeover of Merrill Lynch
  165. Insider Trading in Japan: The Nomura Case
  166. Private Equity Funds: Christian Ethics and Leveraged Buyout Funding
  167. The FSA vs. David Einhorn: A Case of Regulatory Overreach?
  168. Nationalization: Argentina vs. Spain, The YPF Repsol Case
  169. Jon Corzine and MF Global
  170. Dimon and the Whale
  171. The Ethics of Taxation Trilogy: Part I – An Ethical Analysis of Inheritance Tax
  172. The Ethics of Taxation Trilogy: Part II – The Buffett Rule: The Ethics of a Millionaire’s Tax
  173. The Ethics of Taxation Trilogy: Part III – Carried Interest and Taxing Private Equity
  174. Taiwan’s Asset Management Corporations
  175. Insider Trading: What Would Rawls Do?
  176. The Dearth of Ethics and the Death of Lehman Brothers
  177. Financing, Ethics, and the Brazilian Olympics
  178. Islamic Finance
  179. Taiwan’s Credit Card Crisis
  180. The Accumulation of Greek Debt
  181. Goldman Sachs and the ABACUS deal
  182. High Frequency Trading
  183. Hedge Funds
  184. Disclosure: The Bernie Madoff Case
  185. Mark Cuban and Insider Trading
  186. IndyMac and the Office of Thrift Supervision
  187. Lehman Brothers and Repo Accounting
  188. Municipal Reinvestment Case
  189. Raj Rajaratnam and Insider Trading