Finance Ethics : The Rationality of Virtue
by
John Dobson
Book Details
Format
Paperback / Softback
ISBN-10
0847684024
ISBN-13
9780847684021
Publisher
Bloomsbury Publishing Plc
Imprint
Rowman & Littlefield Publishers
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 20th, 1997
Print length
272 Pages
Weight
304 grams
Dimensions
22.70 x 15.10 x 1.60 cms
Product Classification:
Corporate financeBusiness ethics & social responsibility
Ksh 9,000.00
Manufactured on Demand
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Finance Ethics is 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.
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.
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