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 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.
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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 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.
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Finance Ethics: The Rationality of Virtue

Finance Ethics: The Rationality of Virtue

by John Dobson
Finance Ethics: The Rationality of Virtue

Finance Ethics: The Rationality of Virtue

by John Dobson

Paperback(New Edition)

$60.00 
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Overview

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.

Product Details

ISBN-13: 9780847684021
Publisher: Bloomsbury Academic
Publication date: 03/20/1997
Series: Selected Papers; 7
Edition description: New Edition
Pages: 272
Product dimensions: 6.00(w) x 9.00(h) x 0.47(d)

About the Author

John Dobson is associate professor of finance at California Polytechnic State University in San Luis Obispo, California.

Table of Contents

Part 1 Part I: Within the Finance Paradigm: The Finance Paradox
Chapter 2 A Contractual Problem
Chapter 3 Is Reputation Enough?
Part 4 Part II: Challenging the Finance Paradigm
Chapter 5 Towards Reconciling Ethics and Finance
Chapter 6 Ethics in Financial Practice
Chapter 7 Some International Implications
Part 8 Part III: Beyond the Finance Paradigm
Chapter 9 Which Rationality? Practical Rationality
Chapter 10 Some Gender Implications
Chapter 11 Toward a New Finance Paradigm
Chapter 12 Notes
Chapter 13 Bibliography
Chapter 14 Index
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