LEADER 04981nam 22006731 450 001 9910453215403321 005 20200520144314.0 010 $a1-118-78926-1 010 $a1-118-78933-4 035 $a(CKB)2550000001171798 035 $a(EBL)1582381 035 $a(OCoLC)866448961 035 $a(SSID)ssj0001128131 035 $a(PQKBManifestationID)11749254 035 $a(PQKBTitleCode)TC0001128131 035 $a(PQKBWorkID)11059017 035 $a(PQKB)10630044 035 $a(MiAaPQ)EBC1582381 035 $a(Au-PeEL)EBL1582381 035 $a(CaPaEBR)ebr10822354 035 $a(CaONFJC)MIL553198 035 $a(OCoLC)890434415 035 $a(EXLCZ)992550000001171798 100 $a20070202d2014 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aEthics in finance /$fJohn R. Boatright 205 $aThird edition. 210 1$aChichester, West Sussex :$cJohn Wiley & Sons,$d2014. 215 $a1 online resource (296 p.) 225 0$aFoundations of business ethics 300 $aDescription based upon print version of record. 311 $a1-118-61582-4 311 $a1-306-21947-7 320 $aIncludes bibliographical references and index. 327 $aCover; Title page; Copyright page; Contents; Preface; Acknowledgments; Abbreviations; Chapter One: Finance Ethics: An Overview; The Need for Ethics in Finance; Financial scandals; Causes of wrongdoing; The Field of Finance Ethics; Defining the field; Ethics and law; Financial markets; Financial services; Financial management; Conclusion; Chapter Two: Fundamentals of Finance Ethics; A Framework for Ethics; The elements of ethics; Markets and firms; Market ethics; Roles and relationships; Agents, Fiduciaries, and Professionals; Need for agents and fiduciaries; Duties of agents and fiduciaries 327 $aThe role of professionalsConflict of Interest; Defining conflict of interest; Why conflicts occur in finance; Examples of conflict of interest; Managing conflict of interest; Conclusion; Chapter Three: Ethics and the Retail Customer; Sales Practices; Deception and concealment; Churning, twisting, and flipping; Credit Cards; Ethical concerns; Marketing to students; Rates and fees; Mortgage Lending; Rise and fall of subprime; Securitization; What went wrong?; The aftermath; Arbitration; Compulsory arbitration; Hardball legal tactics; Problems with arbitrators; Punitive damages; Conclusion 327 $aChapter Four: Ethics in InvestmentMutual Funds; Market timing; Personal trading; Soft-dollar brokerage; Relationship Investing; RI as an investment strategy; RI and fiduciary duty; Improving corporate governance; Socially Responsible Investing; Defining SRI; Can SRI make a difference?; Microfinance; How microfinance works; Ethical issues in microfinance; Conclusion; Chapter Five: Ethics in Financial Markets; Fairness in Markets; What is fairness?; Fraud and manipulation; Equal information; Equal bargaining power; Insider Trading; Insider trading defined; Debate over insider trading 327 $aResolving the debateHostile Takeovers; Fairness in takeovers; Takeover tactics; Role of the board; Financial Engineering; Derivatives; High-frequency trading; Conclusion; Chapter Six: Ethics in Financial Management; The Corporate Objective; What is shareholder wealth?; Do firms seek to maximize?; SWM and social responsibility; Risk Management; What is risk management?; Ethical issues in risk management; The failure of risk management; Ethics of Bankruptcy; Ethical basis of bankruptcy; Use and abuse of bankruptcy; What is wrong with strategic bankruptcy?; Fairness and efficiency of Chapter 11 327 $aPersonal bankruptcyCorporate Governance; Case for shareholder primacy; The shareholder contract; Directors and CEO; Problems with shareholder primacy; Conclusion; Index 330 $a The third edition of Ethics in Finance presents an authoritative and wide-ranging examination of the major ethical issues in finance. This new edition has been expanded and thoroughly updated with extensive coverage of the recent financial crisis and the very latest developments within the financial world. Substantially updated new edition with nearly 40% new material, including sections on credit cards, mortgage lending, microfinance, risk management, derivatives, and securitizationIncludes coverage and references to the recent financial crisis and the very lates 410 0$aFoundations of Business Ethics 606 $aBusiness ethics 606 $aFinance$xMoral and ethical aspects 608 $aElectronic books. 615 0$aBusiness ethics. 615 0$aFinance$xMoral and ethical aspects. 676 $a174/.4 700 $aBoatright$b John Raymond$f1941-$0116393 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910453215403321 996 $aEthics in finance$9711015 997 $aUNINA