國立虎尾科技大學 |

Ethics in Banking = The Role of Moral Values and Judgements in Finance /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Ethics in Banking/ by Jes Villa.
Reminder of title:	The Role of Moral Values and Judgements in Finance /
Author:	Villa, Jes.
Description:	XI, 212 p.online resource. :
Contained By:	Springer Nature eBook
Subject:	Banks and banking. -
Online resource:	https://doi.org/10.1057/9781137340283
ISBN:	9781137340283

Ethics in Banking = The Role of Moral Values and Judgements in Finance /
Villa, Jes.

Ethics in BankingThe Role of Moral Values and Judgements in Finance /[electronic resource] :by Jes Villa. - 1st ed. 2015. - XI, 212 p.online resource. - Palgrave Macmillan Studies in Banking and Financial Institutions,2523-336X. - Palgrave Macmillan Studies in Banking and Financial Institutions,.

The solution to the uninhibited lending that was commonplace before the financial crisis has been to introduce tighter regulation to ensure robustness within banks. However, this solution has overlooked the underlying problem of ethical failure in the industry. In the wake of numerous bank collapses, many survivors continue in unprincipled conduct because ethical virtues have not been instilled. This book investigates the ethical basis of banking practice. It explores the conflict between the interests of banks and their customers, and how this conflict plays out in relation to the lending policies and fee structures of banks. Where such lending policies have a significant effect on banks, their customers and a range of stakeholders, the author investigates the views of leading bankers on their lending practices. The author then goes on to debate the events of the global financial crisis from a moral perspective, and argues that ethical failure triggered the American sub-prime calamities which have devastated homeowners and the global economy. The book argues that American banks and regulators both operated on the erroneous supposition that the quest after extreme profits would be restrained by free market forces. Where banks have a central role and importance in all commerce and hence in all societies, the author concludes by revealing a set of virtues that are necessary for banks to espouse moral conduct. He suggests that these virtues can be embedded through leadership and cultural change, with the aim of developing an account of the virtues appropriate to bankers and banking.

ISBN: 9781137340283

Standard No.: 10.1057/9781137340283doiSubjects--Topical Terms:

556379
Banks and banking.

LC Class. No.: HG1501-3550

Dewey Class. No.: 332.1

Ethics in Banking = The Role of Moral Values and Judgements in Finance /
LDR:03028nam a22003975i 4500 001 964015
003 DE-He213
005 20200920195253.0
007 cr nn 008mamaa
008 201211s2015 xxk| s |||| 0|eng d
020 $a 9781137340283 $9 978-1-137-34028-3
024 7 $a 10.1057/9781137340283 $2 doi
035 $a 978-1-137-34028-3
050 4 $a HG1501-3550
072 7 $a KFFK $2 bicssc
072 7 $a BUS004000 $2 bisacsh
072 7 $a KFFK $2 thema
082 0 4 $a 332.1 $2 23
100 1 $a Villa, Jes. $e author. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1259161
245 1 0 $a Ethics in Banking $h [electronic resource] : $b The Role of Moral Values and Judgements in Finance / $c by Jes Villa.
250 $a 1st ed. 2015.
264 1 $a London : $b Palgrave Macmillan UK : $b Imprint: Palgrave Macmillan, $c 2015.
300 $a XI, 212 p. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
490 1 $a Palgrave Macmillan Studies in Banking and Financial Institutions, $x 2523-336X
520 $a The solution to the uninhibited lending that was commonplace before the financial crisis has been to introduce tighter regulation to ensure robustness within banks. However, this solution has overlooked the underlying problem of ethical failure in the industry. In the wake of numerous bank collapses, many survivors continue in unprincipled conduct because ethical virtues have not been instilled. This book investigates the ethical basis of banking practice. It explores the conflict between the interests of banks and their customers, and how this conflict plays out in relation to the lending policies and fee structures of banks. Where such lending policies have a significant effect on banks, their customers and a range of stakeholders, the author investigates the views of leading bankers on their lending practices. The author then goes on to debate the events of the global financial crisis from a moral perspective, and argues that ethical failure triggered the American sub-prime calamities which have devastated homeowners and the global economy. The book argues that American banks and regulators both operated on the erroneous supposition that the quest after extreme profits would be restrained by free market forces. Where banks have a central role and importance in all commerce and hence in all societies, the author concludes by revealing a set of virtues that are necessary for banks to espouse moral conduct. He suggests that these virtues can be embedded through leadership and cultural change, with the aim of developing an account of the virtues appropriate to bankers and banking.
650 0 $a Banks and banking. $3 556379
650 0 $a Investment banking. $3 596537
650 0 $a Securities. $3 558592
650 0 $a Business ethics. $3 555013
650 0 $a Economics. $3 555568
650 0 $a Management science. $3 719678
650 1 4 $a Banking. $2 bicssc $3 810653
650 2 4 $a Investments and Securities. $3 1104945
650 2 4 $a Business Ethics. $3 1069082
650 2 4 $a Economics, general. $3 1069499
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9781137343406
776 0 8 $i Printed edition: $z 9781349560042
776 0 8 $i Printed edition: $z 9781349560035
830 0 $a Palgrave Macmillan Studies in Banking and Financial Institutions, $x 2523-336X $3 1253875
856 4 0 $u https://doi.org/10.1057/9781137340283
912 $a ZDB-2-PEF
912 $a ZDB-2-SXEF
950 $a Palgrave Economics & Finance Collection (SpringerNature-41136)
950 $a Economics and Finance (R0) (SpringerNature-43720)