FCFE vs. the Dividend Discount Model
The free cash flow valuation approach is preferred over the dividend discount... Read More
The framework laid out by the Codes and Standards functions as an ethical guide, intending to promote the highest ethical responsibilities and values for Members and Candidates. The Standards are complete with practical ethical examples and expectations set by the CFA Institute. By complying and implementing the Codes and Standards, Members and Candidates are improving the integrity of capital markets and the wider investment profession.
Reading 47: Code OF Ethics AND Standards of Professional Conduct
LOS 47 (b) Explain the ethical responsibilities required of CFA Institute members and candidates in the CFA Program by the Code and Standards.
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