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Books > Business & Economics > Business & management > Business ethics
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Business Ethics After the Global Financial Crisis - Lessons from The Crash (Paperback)
Loot Price: R1,457
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Business Ethics After the Global Financial Crisis - Lessons from The Crash (Paperback)
Series: Routledge Studies in Business Ethics
Expected to ship within 12 - 19 working days
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The global financial crisis (GFC) that began in 2007 concentrated
attention on the morality of banking and financial activities. Just
as mainstream businesses became increasingly defined by their
financial performance, banks, it seemed, got themselves - and
everyone else - into trouble through an over-emphasis on themselves
as commercial enterprises that need pay little attention to
traditional banking virtues or ethics. While the GFC had many
causes, criticism was legitimately levelled at banks over the
ethics of mortgage creation, excessive securitisation, executive
remuneration, and high-pressure customer sales tactics, amongst
other things. These criticisms mirror those that have been levelled
at the business more generally, particular in the last decade,
although the backdrop provided by the GFC is more dramatic, and the
outcomes of supposed wrongdoing more severe. This book focuses on
business ethics after the GFC; not on the crisis itself, but how we
should respond to it. The GFC has focused minds on the proper role
of ethics in the understanding and conduct of business activity,
but it is essential to look beyond the crisis to address the deeper
challenges that it highlights. The aim of this volume is to present
examples of the latest philosophically-informed thinking across a
range of ethical issues that relate to business activity, using the
banks and the GFC - the consequences of which continue to
reverberate - as a point of departure. The book will be of great
value to researchers, academics, practitioners, and students
interested in business, ethics in general, and business ethics in
particular.
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