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Books > Business & Economics > Business & management > Business ethics
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Ethics in Banking - Is It Possible? (Hardcover, 1st ed. 2022)
Loot Price: R3,599
Discovery Miles 35 990
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Ethics in Banking - Is It Possible? (Hardcover, 1st ed. 2022)
Series: Sustainable Finance
Expected to ship within 10 - 15 working days
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Banks are frequently considered usurers. Is it possible to talk
about ethics when you analyse banking activity? This book focuses
on this question and starts with the history and the philosophy.
Philosophers like Aristotle, Immanuel Kant and John Stuart Mill
proposed different theories about the need for ethics in finance.
If we accept Mill's thought, the production of wealth in society is
driven by the personal pursuit of profit. But - unfortunately -
this does not, on its own, ensure collective well-being. It must be
guided by a superior mechanism which transforms it into wealth for
all. This introduces the role of financial institutions, which
often have to comply with legal obligations. The book focuses on
the role that these institutions have in supporting the 'ethical'
use of money. The author analyses a number of cases in banks and
the financial industry and discusses topics like anti-money
laundering, anti-usury, islamic finance, microcredit and bank
rescue systems, including not only best practices but also examples
of unethical financial management.
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