Rovera Ethics in Banking

Is It Possible?
1. Auflage 2022
ISBN: 978-3-031-22148-4
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 178 Seiten, eBook

Reihe: Sustainable Finance

Banks are frequently considered usurers. Is it possible to talk about ethics when you analyse banking activity? This book focuses on this question and starts with the history and the philosophy. Philosophers like Aristotle, Immanuel Kant and John Stuart Mill proposed different theories about the need for ethics in finance. If we accept Mill's thought, the production of wealth in society is driven by the personal pursuit of profit. But - unfortunately - this does not, on its own, ensure collective well-being. It must be guided by a superior mechanism which transforms it into wealth for all. This introduces the role of financial institutions, which often have to comply with legal obligations. The book focuses on the role that these institutions have in supporting the ‘ethical’ use of money. The author analyses a number of cases in banks and the financial industry and discusses topics like anti-money laundering, anti-usury, islamic finance, microcredit and bank rescue systems, including not only best practices but also examples of unethical financial management.

Zielgruppe

Research

Autoren/Hrsg.

Rovera, Cristina

Weitere Mitwirkende

de Sury, Paul

Inhaltsverzeichnis

Chapter 1. Introduction.- Chapter 2. Ethics in Finance: Definition.- Chapter 3. The ESG World.- Chapter 4. The Fight Against Money Laundering and Tax Evasion.- Chapter 5. The Fight Against Usury.- Chapter 6. Islamic Finance and Microcredit.- Chapter 7. The Rescue of Banks in Crisis.- Chapter 8. Financial Frauds; is Italy Different?.- Chapter 9. Conclusions.

Über Autor(innen)

Cristina Rovera is Associate Professor in Banking and Finance at the University of Turin (Italy). Her research focuses on banking, investment strategies and financial management.