Finance ethics
Subtitle: the rationality of virtue
By: John Dobson.
Publisher: Rowman & Littlefield Publishers
Published: 1997
Place of publication: Lanham, Md
Language: eng
Number of pages: 183
Subjects: Business ethics.; Finance -- Moral and ethical aspects.
Description: 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.
Notes: Includes bibliographical references (p. 165-178) and index.