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Ethical Dimension of Financial Institutions & Marketsby Antonio Argandona
Synopses & Reviews
Discussing ethics applied to finance can become a trivial and selfjustifying task if left to the practical men, or a task with no connection to reality, if performed by philosophers. This book, however, turns out to be an exciting piece of work, useful, provocative, full of ideas and suggestions, as experts in ethics discuss specific issues related to the financial institutions and markets, with the men and women that carry out the daily practice in such institutions and markets, as well as with scholars of economics and finance. Thus, the book covers everything from daily subjects to issues of a deeper nature, using a simple and clear language with solid foundations in economics and ethics, from a necessarily plural and open perspective.
Book News Annotation:
Offers theoretical and often controversial proposals for ethics in economics and finance, and debates on whether and how they should be implemented in the daily work and decisions of banks and other institutions. The finance industry was chosen for analysis because the massive deregulation over the past years has made it ripe for shady practices, and also because it interfaces and so influences all other forms of business. The 13 papers and commentary were among those presented at a June 1994 conference in Madrid, and were selected for publication because of their interest to readers outside of Spain. The account of the US experience drew considerable comment, and Germany is well represented. No index.
Annotation c. Book News, Inc., Portland, OR (booknews.com)
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