Finance ethics : the rationality of virtue / John Dobson
- Bib ID:
- 2988927
- Format:
- Book
- Author:
- Dobson, John, 1957-
- Description:
-
- Lanham, Md. : Rowman & Littlefield Publishers, c1997
- xx, 183 pages : illustrations ; 24 cm.
- ISBN:
-
- 0847684016 (alkaline paper) (cloth)
- 0847684024 (alkaline paper) (paper)
- Summary:
-
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 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.
- Full contents:
-
- Pt. I. Within the Finance Paradigm. 1. The Finance Paradox. 2. A Contractual Problem. 3. Is Reputation Enough?
- Pt. II. Challenging the Finance Paradigm. 4. Toward Reconciling Ethics and Finance. 5. Ethics in Financial Practice. 6. Some International Implications
- Pt. III. Beyond the Finance Paradigm. 7. Which Rationality? 8. Practical Rationality. 9. Some Gender Implications. 10. Toward a New Finance Paradigm.
- Notes:
- Includes bibliographical references (p. 165-178) and index.
- Subject:
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1997
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