The Ethics of Banking is popular PDF and ePub book, written by Peter Koslowski in 2011-04-20, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Ethics of Banking can be Read Online from any device for your convenience.
The Ethics of Banking Book PDF Summary
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.
Detail Book of The Ethics of Banking PDF
- Author : Peter Koslowski
- Release : 20 April 2011
- Publisher : Springer Science & Business Media
- ISBN : 9789400706569
- Genre : Business & Economics
- Total Page : 218 pages
- Language : English
- PDF File Size : 21,5 Mb
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