The first book ever to integrate business ethics with financial
economics, Finance Ethics shows how ethical behavior fits within
the rational, profit-maximizing, finance paradigm. Dobson argues
that even in economic terms the finance paradigm has a serious
flaw: it views the firm and financial markets in general as
contractual nexuses yet it fails to supply any adequate mechanisms
for enforcing those contractual relations. Finance Ethics is
therefore not just a moral critique of the finance paradigm,
arguing that self-interested profit making must be constrained by
ethics. Rather, it is a critique from within that paradigm, in
which truth becomes a rational mechanism to enforce contracts, and
virtuous behavior is shown to make the most business sense.
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