Téléchargez le livre : The Ethics of Banking

The Ethics of Banking

Conclusions from the Financial Crisis

Éditeur :

Springer

Paru le : 2011-04-20

The Ethics of Banking analyzes the systemic and the ethical mistakes that led to the crisis. It keeps the middle ground between excusing all failures by the argument of a systemic crisis not to be taken responsibility for by the financial managers and the moralistic reproach that only moral failure ...
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Description du livre

The Ethics of Banking analyzes the systemic and the ethical mistakes that led to the crisis. It keeps the middle ground between excusing all failures by the argument of a systemic crisis not to be taken responsibility for by the financial managers and the moralistic reproach that only moral failure is at the origin of the crisis. It investigates the role of speculation in the formation of the crisis and distinguishes between productive speculation for hedging and for securing market liquidity on the one hand, and unproductive and even detrimental hyper-speculation going far beyond of the degree of speculation that is necessary in a developed economy for the liquidity of financial markets, on the other hand. Hyper-speculation has increased the risks of the financial system and is still doing so.

À propos

Auteur
Peter Koslowski
Éditeur
Springer
Collection
n.c
Parution
2011-04-20
Pages
214 pages
EAN papier
9789400706552

Auteur(s) du livre


Defaut-Illustration Peter Koslowski

Caractéristiques détaillées - droits

EAN EPUB
9789400706569
Prix
94,94 €
Nombre pages copiables
2
Nombre pages imprimables
21
Taille du fichier
123 Ko
Ce livre est accessible aux handicaps informations d'accessibilité

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