About this book
Introduction
This volume explores various aspects of risk taking. It offers an analysis of financial, entrepreneurial and social risks, as well as a discussion of the ethical implications of empirical findings. The main issues examined in the book are the financial crisis and its implications for business ethics. The book discusses unethical behaviour as a reputational risk (e.g., in the case of Goldman Sachs) and the question is raised as to what extent the financial crisis has changed the banks’ entrepreneurial strategy. The book presents an analysis of the reasons leading to the crisis and identifies them as ethical dilemma structures. In addition, it looks at general questions regarding ethical behaviour and risk taking, such as: To what extent does the social embeddedness or abstraction play a role in guaranteeing ethical behaviour? What conclusions can be drawn from institutional or evolutionary perspectives on risk management? Finally, the book discusses further issues that become factors of risk within and between societies, such as work insecurity, corruption or the problem of facilitation payments as a risk in international transactions.
Keywords
Banking after the financial crisis Business Ethics and Risk Management CSR and Risk Management Development Of Reputational Risks in The Case ff Goldman Sachs Epistemic Virtues in Risk Management Ethical Principles in Risk Management Ethics of Risk Facilitation Payments as A Risk in International Transactions Fair Competition of Ideas Financial Crisis As A Result Of Divergent Dilemma Structures Financial Due Diligence Financial Risks Impact of the Global Economic Crisis Moral Cross Bearing Moral Risk and Mangement Problem of Politics and Business Ethics Risk Management Risk Management or Risk Prevention? Risk Taking and Ethics Risk management and Business Ethics Risk of Work Insecurity Social embeddedness as guarantor of ethical conduct? Strength of Promissory Obligations Too Much Risk Transforming Risks Into Mora Unethical Behavior
Editors and affiliations
- Christoph Luetge
- Johanna Jauernig
- 1.Peter Löscher Chair of Business EthicsTechnische Universität MünchenMunichGermany
- 2.Peter Löscher Chair of Business EthicsTechnische Universität MünchenMunichGermany
Bibliographic information