Finance Ethics: Critical Issues in Theory and Practice

✍ Scribed by John R. Boatright(auth.)

• Year: 2010
• Tongue: English
• Leaves: 578
• Category: Library

✦ Synopsis

A groundbreaking exploration of the critical ethical issues in financial theory and practice

Compiled 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 ethics

Ethics in Finance skillfully explains the need for ethics in the personal conduct of finance professionals and the operation of financial markets and institutions.Content:
Chapter 1 Ethics in Finance (pages 1–19): John R. Boatright
Chapter 2 Ethical Implications of Finance (pages 21–43): Robert W. Kolb
Chapter 3 Behavioral Assumptions of Finance (pages 45–61): John Dobson
Chapter 4 Efficiency and Rationality (pages 63–83): Nien?He Hsieh
Chapter 5 Returns, Risk, and Financial Due Diligence (pages 85–101): Christopher L. Culp and J. B. Heaton
Chapter 6 Reputational Risk (pages 103–123): Ingo Walter
Chapter 7 Agency Theory (pages 125–142): Joseph Heath
Chapter 8 The Financial Theory of the Firm (pages 143–159): Wayne Norman
Chapter 9 Fairness in Financial Markets (pages 161–178): Eugene Heath
Chapter 10 Regulation (pages 179–198): Edward Soule
Chapter 11 Insider Trading (pages 199–221): Peter?Jan Engelen and Luc Van Liedekerke
Chapter 12 Derivative Contracts: Futures, Options, and Swaps (pages 223–238): James A. Overdahl
Chapter 13 Hedge Funds (pages 239–252): Thomas Donaldson
Chapter 14 Sovereign wealth Funds (pages 253–271): Colleen Baker
Chapter 15 Marketing of Financial Services (pages 273–296): George G. Brenkert
Chapter 16 Financial Codes of Ethics (pages 297–323): Julie A. Ragatz and Ronald F. Duska
Chapter 17 Banking (pages 325–337): Christopher J. Cowton
Chapter 18 Mutual Funds (pages 339–358): D. Bruce Johnsen
Chapter 19 Pension Funds (pages 359–372): David Hess
Chapter 20 Insurance (pages 373–392): Julie A. Ragatz and Ronald F. Duska
Chapter 21 Responsible Investing (pages 393–417): Celine Louche and Steven Lydenberg
Chapter 22 Microfinance (pages 419–434): Antonio Argandona
Chapter 23 Shareholder Wealth Maximization (pages 435–455): Duane Windsor
Chapter 24 Earnings Management (pages 457–473): Leonard J. Brooks
Chapter 25 Investor Relations (pages 475–493): Cynthia Clark Williams and Lori Verstegen Ryan
Chapter 26 Risk Management (pages 495–508): Peter C. Young
Chapter 27 Bankruptcy (pages 509–529): Ben S. Branch and Jennifer S. Taub
Chapter 28 Acquisitions, Mergers, and Takeovers (pages 531–546): Anthony F. Buono and Roy A. Wiggins
Chapter 29 Executive Compensation (pages 547–564): John J. McCall
Chapter 30 Boards of Directors (pages 565–584): Dan R. Dalton and Catherine M. Dalton