1.

Record Nr.

UNINA9910797438203321

Autore

Asher Anthony

Titolo

Working ethically in finance : clarifying our vocation / / Anthony Asher

Pubbl/distr/stampa

New York, New York (222 East 46th Street, New York, NY 10017) : , : Business Expert Press, , 2015

ISBN

1-60649-875-4

Edizione

[First edition.]

Descrizione fisica

1 online resource (219 p.)

Collana

Giving voice to values on business ethics and corporate social responsibility collection, , 2333-8806

Disciplina

174.4

Soggetti

Finance - Moral and ethical aspects

Business ethics

Financial executives

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (pages 191-200) and index.

Nota di contenuto

Part 1. Preliminaries -- 1. Vocation and virtues -- 2. What is not covered -- 3. An overview of the finance sector -- Part 2. Clarifying justice -- 4. My personal experience -- 5. A model of justice -- 6. Injustice in finance and economics -- Part 3. The purpose of financial services -- 7. Investment management -- 8. Insurance and pensions -- 9. Banking -- 10. Regulation -- 11. The poor -- Part 4. Preparing yourself: finding a vocation -- 12. Passions and virtues -- 13. Developing our strengths -- 14. Serving society's needs -- Conclusion -- Reflection exercise -- Bibliography -- Indes.

Sommario/riassunto

To develop a vocation we ask: what do I want to be remembered for? It involves aspiring to personal integrity and a life well lived. Those of us working in the financial sector fulfill our vocations by finding ways to serve its social purposes, which is to allocate resources efficiently and to provide financial security--not forgetting the needy. This means contributing to institutions, where people can flourish personally, and creating appropriate products and services. The ethics of those working on finding their vocation do not flow from rules and obligations, but from a personal commitment to seeking the really good life. This life is based on the fundamental personal virtue, which is integrity. It is concerned with building well, tying our thinking to our words and actions, our work to our motivations and to intrinsic rewards, and



means to ends everywhere. The book is written for those who aspire to the cultivation of the virtues of wisdom, self-control and courage--to develop ourselves and protect ourselves from the intrusion of others--and justice, which is the social virtue that underlies flourishing communities based on mutual respect. We need communal structures and regulations to help us, but these are better if they are less rule orientated, are forgiving, and aimed at bringing out the best in people. The current flaws in the financial system of overcharging, over-servicing, and recklessness are unjust, but can and are being addressed by those who rise to the challenge of finding their virtuous vocations.