LEADER 03888nam 22006135c 450 001 9910411927503321 005 20240419172239.0 010 $a3-030-40220-7 024 7 $a10.1007/978-3-030-40220-4 035 $a(OCoLC)1176248409 035 $a(CKB)4100000011343613 035 $a(MiAaPQ)EBC6273618 035 $a(DE-He213)978-3-030-40220-4 035 $a(EXLCZ)994100000011343613 100 $a20200713d2020 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe social licence for financial markets $ereaching for the end and why It counts /$fby David Rouch 205 $a1st edition 2020 210 1$aCham$cSpringer International Publishing$cImprint: Palgrave Macmillan$d2020 215 $a1 online resource (xxv, 362 pages) 311 0 $a3-030-40219-3 320 $aIncludes bibliographical references and index. 327 $a1. The Great Re-evaluation: Reaching for an End -- Part I In the Beginning, an End -- 2. People, Firms, Markets, Behaviour -- 3. The Ends of Desire in Financial Markets -- Part II The Social Licence and Justice -- 4. The Social Licence for Financial Markets -- 5. Realising Justice: the Role of Written Standards -- Part III In the End, a Beginning -- 6. Behaviour?Change in Practice -- 7. Policy Implications -- 8. Conclusion?Not an End, but a Beginning. 330 $aThis book is about what Mark Carney has called ?the social licence for financial markets? and how it can point us towards a more sustainable future. Author David Rouch argues that what it reveals contrasts sharply with the usual portrayals of markets as places of unrestrained financial self-interest. Drawing attention to a more complex reality and the presence of justice-focused aspirations in finance can positively impact individual, institutional, and systemic behaviour: change, not imposed by regulators, but emerging from the very substance of market relationships. The finance sector should have a key role in addressing humanity?s increasingly pressing sustainability challenges. Yet the relationship between finance and society has not recovered from the 2008 crisis and the scandals and austerity that followed. The Covid-19 pandemic and its economic fallout is sharpening some of the issues and creating new ones. Recognising that financial markets operate subject to a social licence has the potential to galvanise market participants in tackling these challenges, strengthening social solidarity on which markets also depend, and to provide coordinates for navigating a way through the post-pandemic social, political and economic landscape. 606 $aEconomic development projects$xFinance 606 $aFinance 606 $aBank marketing 606 $aEconomic growth 606 $aDevelopment Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/625000 606 $aFinance, general$3https://scigraph.springernature.com/ontologies/product-market-codes/600000 606 $aFinancial Services$3https://scigraph.springernature.com/ontologies/product-market-codes/626000 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 615 0$aEconomic development projects$xFinance. 615 0$aFinance. 615 0$aBank marketing. 615 0$aEconomic growth. 615 14$aDevelopment Finance. 615 24$aFinance, general. 615 24$aFinancial Services. 615 24$aEconomic Growth. 676 $a306.3 676 $a338.9 700 $aRouch$b David$4aut$4http://id.loc.gov/vocabulary/relators/aut$0853100 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910411927503321 996 $aThe social licence for financial markets$91904969 997 $aUNINA