Finance Ethics : Critical Issues in Theory and Practice

by John R. Boatright (Loyola University Chicago)

• ISBN13: 9780470768099
• ISBN10: 0470768096
• Format: eBook
• Copyright: 2010-07-01
• Publisher: Wiley

Summary

A groundbreaking exploration of the critical ethical issues in financial theory and practiceCompiled by volume editor John Boatright, Finance Ethics consists of contributions from scholars from many different finance disciplines.It covers key issues in financial markets, financial services, financial management, and finance theory, and includes chapters on market regulation, due diligence, reputational risk, insider trading, derivative contracts, hedge funds, mutual and pension funds, insurance, socially responsible investing, microfinance, earnings management, risk management, bankruptcy, executive compensation, hostile takeovers, and boards of directors. Special attention is given to fairness in markets and the delivery of financial services, and to the duties of fiduciaries and agents Rigorous analysis of the topics covered provides essential information and practical guidance for practitioners in finance as well as for students and academics with an interest in finance ethicsEthics in Finance skillfully explains the need for ethics in the personal conduct of finance professionals and the operation of financial markets and institutions.

Table of Contents

Overview

Ethics in Finance

Finance Theory

Ethical Implications of Finance

Behavioral Assumptions of Finance

Efficiency and Rationality

Risk, Return, and Financial Due Diligence

Reputational Risk

Agency Theory

Financial Theory of the Firm

Financial Markets

Fairness in Markets

Market Regulation

Insider Trading

Derivative Contracts: Futures, Options, and Swaps

Hedge Funds

Sovereign Wealth Funds

Financial Services

Marketing of Financial Services

Financial Codes of Ethics

Banking

Mutual Funds

Pension Funds

Insurance

Socially Responsible Investing

Microfinance

Financial Management

Shareholder Wealth Maximization

Earnings Management

Investor Relations

Risk Management

Bankruptcy

Acquisitions, Mergers, and Takeovers

Executive Compensation

Boards of Directors

Index

Table of Contents provided by Publisher. All Rights Reserved.