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Ethics and the Global Financial Crisis - Why Incompetence Is Worse than Greed (Hardcover)
Loot Price: R2,779
Discovery Miles 27 790
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Ethics and the Global Financial Crisis - Why Incompetence Is Worse than Greed (Hardcover)
Series: Business, Value Creation, and Society
Expected to ship within 12 - 17 working days
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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.
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