Finance Ethics

The Rationality of Virtue

Häftad, Engelska, 1997

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The first book ever to integrate business ethics with financial economics, Finance Ethics shows how ethical behavior fits within the rational, profit-maximizing, finance paradigm. Dobson argues that even in economic terms the finance paradigm has a serious flaw: it views the firm and financial markets in general as contractual nexuses yet it fails to supply any adequate mechanisms for enforcing those contractual relations. Finance Ethics is therefore not just a moral critique of the finance paradigm, arguing that self-interested profit making must be constrained by ethics. Rather, it is a critique from within that paradigm, in which truth becomes a rational mechanism to enforce contracts, and virtuous behavior is shown to make the most business sense.

Produktinformation

Utgivningsdatum1997-03-20
Mått149 x 228 x 12 mm
Vikt272 g
FormatHäftad
SpråkEngelska
Antal sidor272
FörlagBloomsbury Publishing Plc
ISBN9780847684021

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Part 1 Part I: Within the Finance Paradigm: The Finance ParadoxChapter 2 A Contractual ProblemChapter 3 Is Reputation Enough?Part 4 Part II: Challenging the Finance ParadigmChapter 5 Towards Reconciling Ethics and FinanceChapter 6 Ethics in Financial PracticeChapter 7 Some International ImplicationsPart 8 Part III: Beyond the Finance ParadigmChapter 9 Which Rationality? Practical RationalityChapter 10 Some Gender ImplicationsChapter 11 Toward a New Finance ParadigmChapter 12 NotesChapter 13 BibliographyChapter 14 Index

...must be commended for choosing to approach the subject of finance ethics from 'inside the paradigm' for electing to do so in connection with the realities of financial and global markets... Dobson's work sets a challenge for other writers and teachers dealing with ethics in economics, business and finance to define the subject they are dealing with and to articulate ethics from inside theory and practice....