This book provides, for the first time, a broad analysis of the whole range of potential conflicts in finance, based on both academic research and the views of professionals on how these issues are faced in practice. It will be essential reading for students of finance and banking, as well as for finance professionals.
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Ethical conflicts in the world of finance are some of the most difficult of any business area. The multiplicity and complexity of the markets and institutions involved, and the sheer volume of money in modern transactions contribute to this.
The ACT Guide to Ethical Conflicts in Finance draws together the views of leading commentators in the field, including Sir Adrian Cadbury and Sir Gordon Borrie, to address the most important types of conflict found in finance:
* Conflicts of interest.
* Conflicts between stakeholders.
* Conflicts between holders of information.
* Conflicts with societal values.
The book provides for the first time a broad analysis of the whole range of potential conflicts based on both academic research and the view of professionals on how these issues are faced in practice. It will be essential reading for finance professionals and advanced undergraduate and graduate students of finance, banking and business ethics.
Andreas Prindl is Chairman of Nomura Bank International plc which he founded in 1986. He previously held senior positions in London and Tokyo for Morgan Guaranty Trust and the Saudi International Bank.
Bimal Prodhan is a Fellow of Templeton College, Oxford and has held academic posts in the Universities of New York and Connecticut in the US, and HEC France.
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