Finance Ethics

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A01=John Dobson
Author_John Dobson
Category=KFFH
Category=KJG
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction

Product details

  • ISBN 9780847684021
  • Weight: 272g
  • Dimensions: 149 x 228mm
  • Publication Date: 20 Mar 1997
  • Publisher: Bloomsbury Publishing Plc
  • Publication City/Country: US
  • Product Form: Paperback
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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.
John Dobson is associate professor of finance at California Polytechnic State University in San Luis Obispo, California.

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