Kooperativer Bibliotheksverbund

UID:

Umfang: 1 Online-Ressource (xiv, 228 pages) , digital, PDF file(s)

ISBN: 9781139237093

Serie: Business, value creation and society

Inhalt: In this topical book, Boudewijn de Bruin examines the ethical 'blind spots' that lay at the heart of the global financial crisis. He argues that the most important moral problem in finance is not the 'greed is good' culture, but rather the epistemic shortcomings of bankers, clients, rating agencies and regulators. Drawing on insights from economics, psychology and philosophy, de Bruin develops a novel theory of epistemic virtue and applies it to racist and sexist lending practices, subprime mortgages, CEO hubris, the Madoff scandal, professionalism in accountancy and regulatory outsourcing of epistemic responsibility. With its multidisciplinary reach, Ethics and the Global Financial Crisis will appeal to scholars working in philosophy, business ethics, economics, psychology and the sociology of finance. The many concrete examples and case studies mean that this book will also prove useful to policy-makers and regulators

Anmerkung: Title from publisher's bibliographic system (viewed on 05 Oct 2015) , Machine generated contents note: Trust and trustworthiness -- Moral decision making and moral intensity -- Motivation or competence? -- Epistemic virtues -- Warning and outline -- 1. Financial ethics: virtues in the market -- Friedman's argument -- Corporate responsibility -- Shareholders -- Job requirements -- A theory of the firm -- Hierarchy of command -- Corporate law -- A company's goals -- The economics of banking -- An argument for liberty -- Politics -- Arguments -- Epistemic preconditions for liberty -- Responsibility -- Criticism -- Summary -- 2. Epistemic ethics: virtues of the mind -- Instrumental epistemic value -- Intellectualism and psychology -- Intrinsic or instrumental value? -- Motivation and enablement -- Courage -- Generosity -- Epistemic actions -- Doxastic voluntarism -- Investigation -- Doxastic stance -- Justification -- Epistemic virtues -- Courageous soldiers and evil demons -- First improvement -- Second improvement -- Courageous villains -- Summary -- 3. Internalizing virtues: the clients -- Love -- Avoiding elitism -- Financial planning -- Courage -- Justice -- Tax advice and functional food -- Epistemic injustice -- Temperance -- Efficiency -- Online investing -- Humility -- CEO hubris -- Long-Term Capital Management -- Talking about retirement -- The meaning of guarantee -- Minding your audience -- Summary -- 4. Case study I: primes and subprimes -- Costly and complex contracts -- Behavioural biases -- Epistemic injustice -- Love -- 5. Incorporating virtue: the banks -- Corporate entities -- Plural subjects and a puzzle -- Corporate internal decision structures -- Structures, functions, cultures and sanctions -- Back to the puzzle -- Matching virtues to functions -- Board roles -- Virtues of overconfidence -- Organizational support for virtue -- Structure -- Culture -- Sanctions -- Organizational remedies against vice -- Macro-level remedies -- Micro-level remedies -- Summary -- 6. Case study II: nerds and quants -- Split strikes and Ponzi schemes -- Uncovering the fraud -- Volatility and diversification -- Epistemic virtue -- 7. Communicating virtues: the raters -- Other-regarding epistemic virtues -- Generosity -- First difference from non-epistemic virtue -- Second difference from non-epistemic virtue -- Credit ratings -- Credit risk: asserting creditworthiness -- Monitoring: directing management -- Stamps of approval: directing investors -- Compromising epistemic virtue -- Love -- Justice -- Temperance -- Courage -- Generosity -- Testimony -- Outsourcing epistemic responsibility -- Summary -- 8. Case study III: scores and accounts -- Professional accountants -- Joint epistemic agents -- Codes of conduct -- Expectation gap -- Accounting options -- Conclusion.

Weitere Ausg.: ISBN 9781107028913

Weitere Ausg.: ISBN 9781107421653

Weitere Ausg.: Erscheint auch als Druck-Ausgabe ISBN 9781107028913

Sprache: Englisch

Fachgebiete: Wirtschaftswissenschaften

DOI: 10.1017/CBO9781139237093

URL: Volltext  (lizenzpflichtig)

URL: Volltext  (lizenzpflichtig)

UID:

Umfang: XIV, 228 S.

Ausgabe: 1. publ.

ISBN: 9781107028913 , 9781107421653

Serie: Business, value creation, and society

Anmerkung: Hier auch später erschienene, unveränderte Nachdrucke

Sprache: Englisch

Fachgebiete: Wirtschaftswissenschaften , Philosophie

Schlagwort(e): Finanzkrise ; Wirtschaftsethik

URL: Inhaltsverzeichnis

URL: Klappentext

URL: Cover

URL: Inhaltsverzeichnis

UID:

Umfang: 1 online resource (xiv, 228 pages) : , digital, PDF file(s).

ISBN: 1-316-19080-3 , 1-316-21112-6 , 1-316-20926-1 , 1-316-20559-2 , 1-107-42165-9 , 1-316-18894-9 , 1-316-20740-4 , 1-139-23709-8 , 1-316-20376-X , 1-316-20189-9

Serie: Business, value creation and society

Inhalt: In this topical book, Boudewijn de Bruin examines the ethical 'blind spots' that lay at the heart of the global financial crisis. He argues that the most important moral problem in finance is not the 'greed is good' culture, but rather the epistemic shortcomings of bankers, clients, rating agencies and regulators. Drawing on insights from economics, psychology and philosophy, de Bruin develops a novel theory of epistemic virtue and applies it to racist and sexist lending practices, subprime mortgages, CEO hubris, the Madoff scandal, professionalism in accountancy and regulatory outsourcing of epistemic responsibility. With its multidisciplinary reach, Ethics and the Global Financial Crisis will appeal to scholars working in philosophy, business ethics, economics, psychology and the sociology of finance. The many concrete examples and case studies mean that this book will also prove useful to policy-makers and regulators.

Anmerkung: Title from publisher's bibliographic system (viewed on 05 Oct 2015). , Trust and trustworthiness -- , Moral decision making and moral intensity -- , Motivation or competence? -- , Epistemic virtues -- , Warning and outline -- , Financial ethics: virtues in the market -- , Friedman's argument -- , Corporate responsibility -- , Shareholders -- , Job requirements -- , A theory of the firm -- , Hierarchy of command -- , Corporate law -- , A company's goals -- , The economics of banking -- , An argument for liberty -- , Politics -- , Arguments -- , Epistemic preconditions for liberty -- , Responsibility -- , Criticism -- , Summary -- , Epistemic ethics: virtues of the mind -- , Instrumental epistemic value -- , Intellectualism and psychology -- , Intrinsic or instrumental value? -- , Motivation and enablement -- , Courage -- , Generosity -- , Epistemic actions -- , Doxastic voluntarism -- , Investigation -- , Doxastic stance -- , Justification -- , Epistemic virtues -- , Courageous soldiers and evil demons -- , First improvement -- , Second improvement -- , Courageous villains -- , Summary -- , Internalizing virtues: the clients -- , Love -- , Avoiding elitism -- , Financial planning -- , Courage -- , Justice -- , Tax advice and functional food -- , Epistemic injustice -- , Temperance -- , Efficiency -- , Online investing -- , Humility -- , CEO hubris -- , Long-Term Capital Management -- , Talking about retirement -- , The meaning of guarantee -- , Minding your audience -- , Summary -- , Case study I: primes and subprimes -- , Costly and complex contracts -- , Behavioural biases -- , Epistemic injustice -- , Love -- , Incorporating virtue: the banks -- , Corporate entities -- , Plural subjects and a puzzle -- , Corporate internal decision structures -- , Structures, functions, cultures and sanctions -- , Back to the puzzle -- , Matching virtues to functions -- , Board roles -- , Virtues of overconfidence -- , Organizational support for virtue -- , Structure -- , Culture -- , Sanctions -- , Organizational remedies against vice -- , Macro-level remedies -- , Micro-level remedies -- , Summary -- , Case study II: nerds and quants -- , Split strikes and Ponzi schemes -- , Uncovering the fraud -- , Volatility and diversification -- , Epistemic virtue -- , Communicating virtues: the raters -- , Other-regarding epistemic virtues -- , Generosity -- , First difference from non-epistemic virtue -- , Second difference from non-epistemic virtue -- , Credit ratings -- , Credit risk: asserting creditworthiness -- , Monitoring: directing management -- , Stamps of approval: directing investors -- , Compromising epistemic virtue -- , Love -- , Justice -- , Temperance -- , Courage -- , Generosity -- , Testimony -- , Outsourcing epistemic responsibility -- , Summary -- , Case study III: scores and accounts -- , Professional accountants -- , Joint epistemic agents -- , Codes of conduct -- , Expectation gap -- , Accounting options -- , Conclusion. , English

Weitere Ausg.: ISBN 1-107-02891-4

Weitere Ausg.: ISBN 1-322-88216-9

Sprache: Englisch

URL: https://doi.org/10.1017/CBO9781139237093

UID:

Umfang: XIV, 228 S.

Ausgabe: First paperback edition

ISBN: 9781107028913 , 9781107421653

Serie: Business, value creation, and society

Inhalt: Professor De Bruin has written an important book. For all of the thousands of pages written on the recent global financial crisis, there is very little solid ethical analysis of the underlying causes and concepts. He makes a critical distinction between the motivation of financial actors and their competence, then argues that most of the analysis of the crisis has been about motivation. In particular many have called into question the very idea of capitalism as seeking to maximize profits for shareholders. While DeBruin admits that motivation is an important idea, he traces much of the difficulty to incompetence on the part of multiple stakeholders, who have no real motivation to learn about how the basic ideas in finance actually work.

Sprache: Englisch

Fachgebiete: Wirtschaftswissenschaften , Philosophie

Schlagwort(e): Finanzkrise ; Wirtschaftsethik ; Geschichte 2008-2009

URL: Inhaltsverzeichnis

URL: Cover