Short description Ethics in Finance is a ground-breaking work in the emerging field of finance ethics. Beginning with examples of the scandals that have shaken public confidence in the ethics of Wall Street, this book explains the need for ethics in the personal conduct of finance professionals and the operation of financial markets and institutions.
From the contents Part I Overview.
1. Ethics in Finance (John R. Boatright).
Part II Finance Theory.
2. Ethical Implications of Finance (Robert W. Kolb).
3. Behavioral Assumptions of Finance (John Dobson).
4. Efficiency and Rationality (Nien-hê Hsieh).
5. Risk, Return, and Financial Due Diligence (Christopher L. Culp and J. B. Heaton).
6. Reputational Risk (Ingo Walter).
7. Agency Theory (Joseph Heath).
8. Financial Theory of the Firm (Wayne Norman).
Part III Financial Markets.
9. Fairness in Markets (Eugene Heath).
10. Market Regulation (Edward Soule).
11. Insider Trading (Peter-Jan Engelen and Luc Van Liedekerke).
12. Derivative Contracts: Futures, Options, and Swaps (James A. Overdahl).
13. Hedge Funds (Thomas Donaldson).
14. Sovereign Wealth Funds (Colleen Baker).
Part IV Financial Services.
15. Marketing of Financial Services (George G. Brenkert).
16. Financial Codes of Ethics (Julie A. Ragatz and Ronald F. Duska).
17. Banking (Christopher J. Cowton).
18. Mutual Funds (D. Bruce Johnsen).
19. Pension Funds (David Hess).
20. Insurance (Ronald F. Duska and Julie A. Ragatz).
21. Socially Responsible Investing (Céline Louche and Steven Lydenberg).
