Commentary

Truth and ethics in private equity: Jon Moulton’s diary

The truth and nothing but is a fine sounding maxim, but can it apply to the grey areas of business?

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Codes of ethics are there to uphold ‘fair and honest’ dealings, but countering sharp practice and subterfuge is tough Photo: Getty Images/iStockphoto

The rewards available in private equity are very substantial, so the temptation to be dishonest is all too obvious.

We live in times where codes of conduct, mostly driven by actions in equality, discrimination, harassment, bullying and the larger woke agenda have become commonplace. 

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