CFA Institute Global Market Sentiment Survey 2013: Ethics and Corporate Governance Must Improve

While investment professionals are cautiously optimistic about the global economy in 2013, the CFA Institute Global Market Sentiment Survey offers a dire assessment of the state of ethics in the financial industry.

Matt Orsagh, CFA, CIPM, director of capital markets policy at CFA Institute, and Bob Dannhauser, CFA, head of standards of practice and outreach at CFA Institute, discuss key results from the annual survey, including:

• The importance of “tone at the top” in restoring integrity to the global capital markets.
• The higher-than-expected percentage of respondents who say better corporate governance practices is the action most critical to improving investor trust and market integrity.