In his new book current chairman of the supervisory board of Dutch regulator the AFM, George Möller, sets out his vision for ethics in the financial services industry.
George Möller is a man on a mission. During a
discussion with his daughter about the ethical framework of her
work in the medical profession, it struck him that no such
framework existed in the world of finance. In Banking on
Ethics, he sets out to provide that framework. ...
The result is a lively and engaging book that
takes the reader through a history of ethical thinking right up
to a brief overview of modern transgressions by business.
Finance is at the heart of his attack but other sectors are
incorporated into what is a solid broadside against many
current business practices.
Möller's world view is one in which the
financial sector has moved away from the ancient theories of
virtue and "continued down the road of principles until we now
find ourselves terrorised by rules". Finance has been dominated
by models and mathematics at the expense of moral science.
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