Finance Ethics: Critical Issues in Theory and Practice (Robert W. Kolb Series) Book

Part I Overview 1

1 Ethics in Finance John R. Boatright 3

Part II Finance Theory 21

2 Ethical Implications of Finance Robert W. Kolb 23

3 Behavioral Assumptions of Finance John Dobson 45

4 Efficiency and Rationality Nien-Hê Hsieh 63

5 Returns, Risk, and Financial Due Diligence Christopher L. Culp J. B. Heaton 85

6 Reputational Risk Ingo Walter 103

7 Agency Theory Joseph Heath 125

8 The Financial Theory of the Firm Wayne Norman 143

Part III Financial Markets 161

9 Fairness in Financial Markets Eugene Heath 163

10 Regulation Edward Soule 179

11 Insider Trading Peter-Jan Engelen Luc Van Liedekerke 199

12 Derivative Contracts: Futures, Options, and Swaps James A. Overdahl 223

13 Hedge Funds Thomas Donaldson 239

14 Sovereign Wealth Funds Colleen Baker 253

Part IV Financial Services 273

15 Marketing of Financial Services George G. Brenkert 275

16 Financial Codes of Ethics Julie A. Ragatz Ronald F. Duska 297

17 Banking Christopher J. Cowton 325

18 Mutual Funds D. Bruce Johnsen 339

19 Pension Funds David Hess 359

20 Insurance Julie A. Ragatz Ronald F. Duska 373

21 Responsible Investing Céline Louche Steven Lydenberg 393

22 Microfinance Antonio Argandoña 419

Part V Financial Management 435

23 Shareholder Wealth Maximization Duane Windsor 437

24 Earnings Management Leonard J. Brooks Jr. 457

25 Investor Relations Cynthia Clark Williams Lori Verstegen Ryan 475

26 Risk Management Peter C. Young 495

27 Bankruptch Ben S. Branch Jennifer S. Taub 509

28 Acquisitions, Mergers, and Takeovers Anthony F. Buono Roy A. Wiggins III 531

29 Executive Compensation John J. McCall 547

30 Boards of Directors Dan R. Dalton Catherine M. Dalton 565

Index 585