Underlying Values and Consequences in Financial Services
The freeing of financial markets has brought with it increasing sophistication in regulatory regimes. Over time, a succession of frauds and financial scandals has emphasised some limitations of these complex regulatory schemes. This paper seeks to address the reasons for the events that have caused...
Authors: | ; |
---|---|
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Proquest
2003
|
In: |
International journal of value-based management
Year: 2003, Volume: 16, Issue: 3, Pages: 265-280 |
Further subjects: | B
financial regulation
B business values B stakeholders' expectations |
Online Access: |
Volltext (lizenzpflichtig) |
Summary: | The freeing of financial markets has brought with it increasing sophistication in regulatory regimes. Over time, a succession of frauds and financial scandals has emphasised some limitations of these complex regulatory schemes. This paper seeks to address the reasons for the events that have caused concern, and suggests that they are to be found principally in three categories: (1) the underlying values that drive financial services; (2) the assumptions and values of regulatory regimes, and (3) the increased opportunities to break or evade the rules. Some possible ways forward are sketched. |
---|---|
ISSN: | 1572-8528 |
Contains: | Enthalten in: International journal of value-based management
|
Persistent identifiers: | DOI: 10.1023/A:1025818025937 |