Ethics in finance /
edited by John R. Boatright.
- 2nd ed.
- Oxford : Blackwell, 2008.
- x, 217 p. ; 23 cm
- Fundamentals of business ethics .
Includes bibliographical references and index.
Financial ethics : an overview. The need for ethics in finance. Ethics and financial markets. The financial services industry. Individuals in organizations -- Theoretical perspectives in finance. Equity and efficiency. Fiduciaries, agents, and professionals. Agency theory. Conflict of interest -- Ethical issues in financial services. Sales practices. Churning, twisting, and flipping. Arbitration. Personal trading -- Ethical issues in investment decisions. Bank lending practices. Socially responsible investing. Relationship investing. Investment and the new finance -- Ethics in financial markets. Insider and program trading. The ethics of bankruptcy. Hostile takeovers -- The financial theory of the firm. Traditional theories. The contractual theory. The stakeholder challenge.