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Finance Ethics: Critical Issues in Theory and Practice

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ISBN: 978-0-470-49916-0

August 2010

600 pages

Description

A groundbreaking exploration of the critical ethical issues in financial theory and practice

The Robert W. Kolb Series in Finance is an unparalleled source of information dedicated to the most important issues in modern finance. Each book focuses on a specific topic in the field of finance and contains contributed chapters from both respected academics and experienced financial professionals. As part of the Robert W. Kolb Series in Finance, Finance Ethics aims to provide a comprehensive understanding of the ever-changing ethical issues that confront finance professionals today.

John R. Boatright, editor of this volume, draws together the contributions of distinguished scholars from a wide range of disciplines—including finance, economics, philosophy, management, and law—to present essential perspectives on various ethics issues facing the financial services industry. While providing a rigorous analysis of all the topics covered—from due diligence and insider trading to socially responsible investing, executive compensation, and more—the book focuses special attention on fairness in markets and the delivery of financial services, as well as the duties of fiduciaries and agents.

Finance Ethics provides essential information and practical guidance for both practitioners in finance and students and academics with an interest in finance ethics.

About the Author

JOHN R. BOATRIGHT is the Raymond C. Baumhart, S. J. Professor of Business Ethics and Professor of Management in the School of Business Administration at Loyola University Chicago. He is the author of the books Ethics and the Conduct of Business and Ethics in Finance. Dr. Boatright is a past-president of the Society for Business Ethics, and he serves on the editorial boards of the Journal of Business Ethics, Business Ethics Quarterly, and Business and Society Review. A graduate of the College of Wooster, he received his MA and PhD in philosophy from the University of Chicago

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Features

  • Provides a comprehensive overview of the ethical issues in finance.
  • The discussion of ethical issues is framed in terms familiar to people in finance.
  • Focus is on practical issues that confront people in all areas of finance and that arise in the developing government and industry regulation.
  • Among the many sources are court cases, regulatory actions, and industry reports.
  • The book contains an in-depth examination of the firm as a nexus of contracts and shareholder wealth maximization as the objective of the firm.