Capital failure : Rebuilding trust in financial services /

Capital failure : Rebuilding trust in financial services / edited by Nicholas Morris , David Vines. - 1st ed. - Oxford : Oxford University Press, 2014. - xix, 402 p : ill ; 24 cm.

Includes bibliographical references and index.

Part I What Went Wrong?
1 Why Trustworthiness Is Important
Sue Jaffer, Nicholas Morris, and David Vines*
2 How Changes to the Financial Services Industry Eroded Trust
Sue Jaffer, Nicholas Morris, Edward Sawbridge, and David Vines*
3 The Limits to Compensation in the Financial Sector
Thomas Noe and H. Peyton Young
4 A Short History of Crisis and Reform
Richard Davies
5 Failures of Regulation and Governance
Sue Jaffer, Susana Knaudt, and Nicholas Morris
Part II Trustworthiness, Motivations, and Accountability
6 Trustworthiness and Motivations
Natalie Gold
7 Regard for Others
Avner Offer*
8 Trust, Trustworthiness, and Accountability*
Onora O’Neill
Part III Problems with the Legal and Regulatory System
9 Financial Crisis and the Decline of Fiduciary Law
Joshua Getzler*
10 Professional Obligation, Ethical Awareness, and Capital Market Regulation
Justin O’Brien*
11 Systemic Harms and the Limits of Shareholder Value
John Armour, Jeffrey N. Gordon*
Part IV Crafting the Remedies
12 Ethics Management in Banking and Finance
Boudewijn de Bruin
13 Toward a More Ethical Culture in Finance
Dan Awrey and David Kershaw*
14 Trust, Conflicts of Interest, and Fiduciary Duties
Seumas Miller
15 A Warrant for Pain
Avner Offer
16 Restoring Trust
Sue Jaffer, Nicholas Morris, and David Vines

9780198712220 (hbk.)


Services industry.--Finance

332.1