Ethics and the global financial crisis : why incompetence is worse than greed / Boudewijn de Bruin.
By: Bruin, Boudewijn de.
Material type:
BookSeries: Business, value creation, and society.Publisher: Cambridge : Cambridge University Press, 2015.Description: xiv, 228 pages ; 24 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9781107028913 (hardback).Subject(s): Financial crises -- Moral and ethical aspects | Finance -- Moral and ethical aspects | Business ethics | Global Financial Crisis, 2008-2009 -- Moral and ethical aspects | BUSINESS & ECONOMICS / Business EthicsDDC classification: 174.4 Online resources: Cover image Summary: "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"-- Provided by publisher.
| Item type | Current location | Call number | Copy number | Status | Date due |
|---|---|---|---|---|---|
Monograph
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Indian Institute of Management Udaipur A2/3 | 174.4 (Browse shelf) | 1 | Available |
Includes bibliographical references (pages 205-221) and index.
"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"-- Provided by publisher.
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