Financial Competition, Risk and Accountability: British and German Experiencesby S. Frowen (Editor), F. McHugh (Editor), Anglo-German Foundation for the Study of Industrial Society Staff (Contribution by)
Recent decades have seen a sharp increase in financial competition, intensified by globalisation. Excessive risk-taking leading to inevitable business failures at times reached worrying proportions. A contributing factor arose from the complexities of the derivative and other new markets. This volume attempts to analyse and explain financial market developments at the turn of the millennium with the emphasis on the need for greater responsibility and a more ethical approach to financial decision-making.
Meet the Author
Francis P. McHugh is a Catholic priest and Director of the Von Hügel Institute as well as a Fellow and Tutor of St. Edmund's College, Cambridge.
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