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Bankers, Business Finance and Consumer Lending

  • Roy Mohon
Part of the Issues in Business Ethics book series (IBET, volume 12)

Abstract

We have seen that positivism has influenced business operations to the point where technical financial appraisal takes place independently of ethical considerations. As with economics the techniques and tools used mainly address quantitative data as a basis for decision taking. The loan officer is preoccupied with this detailed analysis of financial information and it is not easy to embed ethical values into it in a meaningful way, but this must be done to secure ethical debt management. If values are not central to lending activities they will be of little significance to bankers. In this chapter banking must speak for itself about lending and as it does, we will relate what is said to our stewardship values.

Keywords

Business Finance Lending Practice Debt Management Home Loan Total Commitment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    For a recently published full list of sources (1995) see Jeff Madura, Financial Markets and Institutions, pp. 421-427.Google Scholar
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    E.P. Doyle, Law Relating to Banking, pp. A22–A23.Google Scholar
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    Ibid., pp. 6-7.Google Scholar
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Copyright information

© Springer Science+Business Media Dordrecht 1999

Authors and Affiliations

  • Roy Mohon
    • 1
  1. 1.University of SunderlandSunderlandUK

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