|
Books > Business & Economics > Industry & industrial studies > Service industries > Financial services industry
|
Buy Now
The Lunacy of Modern Finance Theory and Regulation (Hardcover)
Loot Price: R4,714
Discovery Miles 47 140
|
|
|
The Lunacy of Modern Finance Theory and Regulation (Hardcover)
Expected to ship within 12 - 17 working days
|
This provocative book provides insight into a finance industry that
is run for the benefit of banks and service providers who rely on
Beatles-era theories and regulation which are totally unsuited to
the modern world. The author has a near-unique perspective based on
over 30 years of working - literally around the globe - for
corporates, fund managers and as finance academic. In his last role
his research has focused on investment decisions, and during 2012
he interviewed 34 fund managers in Istanbul, London, New York and
Melbourne. He blends rich understanding of finance theory and
practice to unravel the investment industry's structure and show
how banks and other finance institutions privilege themselves at
investors' expense. The book highlights that finance industry
self-regulation is weak. Risks from inexpertise, theft, bad data
and other sources are high. Regulation of the industry appears to
be ineffectual with the setting of such a high bar that it is
virtually impossible to successfully prosecute even the most
blatant and egregious offenders. The book closes with the simple
suggestion that corporations' regulations be altered to introduce
the strict liability offence of being a director or officer of a
large bank that becomes bankrupt. This follows the strategy of
legislation that has been effective in cleaning up the environment,
making workplaces safer and reducing crime by punishing those
responsible for an offence.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
