Finance ethics : the rationality of virtue /
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 market...
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| Format: | Book |
| Language: | English |
| Published: |
Lanham, Md. :
Rowman & Littlefield Publishers,
c1997.
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| Subjects: |
| Summary: | 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 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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| Physical Description: | xx, 183 p. : ill. ; 24 cm. |
| Bibliography: | Includes bibliographical references (p. 165-178) and index. |
| ISBN: | 0847684016 (cloth : alk. paper) 0847684024 (paper : alk. paper) |