Ethics in Finance

This second edition of the ground-breaking Ethics in Finance, is an up-to-date, valuable addition to the emerging field of finance ethics. Citing examples of the scandals that have shaken public confidence in the ethics of Wall Street, this text explains the importance of ethics the operation of financial institutions and in the personal conduct of finance professionals. Focuses on practical issues that confront finance professionals and policy makers Now includes discussion of issues in mutual funds and financial engineering, the independence of analysts at investment banks, and the bank's responsibility for the conduct of its clients Features a new chapter on conflicts of interest in financial services, expanded treatment of ethical issues in IPOs, and a new discussion about the discarding of pension funds Cites examples of the scandals that have shaken public confidence in Wall Street

John R. Boatright is the Raymond C. Baumhart, S. J., Professor of Business Ethics and Professor of Management in the School of Business Administration at Loyola University Chicago. He is author of the textbook Ethics and The Conduct of Business, and editor of a casebook Cases in Ethics and the Conduct of Business. Boatright is a former president of the Society for Business Ethics, and he serves on the editorial boards of Journal of Business Ethics, Business Ethics Quarterly, and Business and Society Review. A graduate of the College of Wooster, he received his MA and PhD in Philosophy from the University of Chicago.