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01493pab a2200181 454500 |
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180718b2014 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Lai, Jikon |
| 245 ## - TITLE STATEMENT |
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| Title |
Accountability and the enforcement of ethical values in finance: Insights from Islamic finance |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
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| Date of publication, distribution, etc. |
2014 |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
p.437-449. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
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| Dates of publication and/or sequential designation |
Dec |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
Vivid debates on the ethical foundations of contemporary financial practices followed the global financial crisis of 2007-8, with many questioning whether narrow self-interest and profit maximisation should serve as primary drivers of behaviour in finance. This coincides with a resurgent research interest in finance ethics that has investigated whether ethical standards can or should be applied to financial practices and identified types of ethical principles that can or should be adopted. This paper contributes to this literature by investigating how ethical standards could be enforced in the financial sector by focussing on the example of Islamic finance in Malaysia. To facilitate the analysis, the paper adopts a broad understanding of the principal-agent relationship and uses the lens of accountability as a conceptual bridge between ethical standards and their enforcement. The paper concludes by drawing out broad implications of this analysis for conventional finance. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Ethics |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Accountability |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name entry element |
Finance |
| 773 ## - HOST ITEM ENTRY |
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| Main entry heading |
Australian Journal of Public Administration |
| 909 ## - |
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| -- |
107377 |
