Academic Paper from the year 2018 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, , language: English, abstract: This paper deals with the question of ethics in finance after deregulation. Financial deregulation was one of the key components that prepared the conditions for the economic crisis of 2007/2008. The environment in which financial markets and financial institutions have been operating led to a situation in which mortgage lending expanded, speculations grew and risk was constantly increasing. The risky financial transactions and the luck of moral compass of people working in finance led to the economic crisis in 2008. In this paper I will prove, that the deregulation preceding the economic crisis in 2008 had no impact on the ethics in financial institutions and markets, because ethics is not one of the most important factors in the financial world and that is more of a social then a regulatory problem. There is no other ethics then socially based ethics. Example: what is unacceptable corruption in some countries is a necessary step to win the contractor's trust in others.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.