Ethics in Finance

The third edition of Ethics in Finance presents an authoritative and wide–ranging examination of the major ethical issues in finance, ranging across the major areas of financial markets, financial services, financial management, and finance theory. The new edition has been expanded and brought completely up–to–date, with coverage and references throughout to the recent financial crisis. The text also includes new sections on credit cards, mortgage lending, microfinance, risk management, derivatives, and securitization, and describes the very latest developments within the financial world. With extensive use of examples to illustrate concepts and issues described within the text, Boatright explains the importance of ethics in finance and provides a probing analysis of the major ethical controversies in finance, from the ethical treatment of the retail customer in the offering of financial products, to the activities that take place on Wall Street and world financial markets.  Ethics in Finance is vital reading for students and scholars of finance and business ethics, as well as anyone involved in financial activities.

John R. Boatright is the Raymond C. Baumhart, S.J., Professor of Business Ethics in the Quinlan School of Business at Loyola Universi­ty Chicago, and the Director of the Baumhart Center for Social Enterprise and Responsibility. He is the author of the book Ethics and the Conduct of Business (2012) and the editor of Finance Ethics: Critical Issues in Theory and Practice (Wiley, 2010) . He is a past president of the Society for Business Ethics, and he serves on the editorial boards of Business Ethics Quarterly, Journal of Business Ethics , and Business and Society Review. He received his PhD in philosophy from the University of Chicago.