Suchergebnisse

"The role of ethics and faith has been diminished by neoliberalism over the last forty years, such that we are living through a profound moral crisis, rising inequality and plutocracy. This practice is destroying the social and trust capital that already exists and is in need of replenishing. This pioneering book draws upon diverse wisdom traditions and their current living business practices to show that not only is another world possible, it is hiding in plain sight. Through real life examples and case studies, this book illustrates and develops a new organic theory of finance which can be taught and shared all over the world, helping society to prepare for a sustainable inclusive future. The author argues that our obsession with technocratic economic science has disabled us from exposing the organic practices of finance. The Climate and Inequality crises demand new institutional and cultural solutions to transform behaviour and heal the planet. Through real life examples and case studies, this book illustrates and develops a new organic theory of finance which can be taught and shared all over the world, helping society to prepare for a sustainable inclusive future. It provides valuable empowerment to experts and professionals from different cultures and traditions to write about their own finance practices and in turn encourage their students and communities to embrace sustainability ideals. There is a global audience for this book, given its multicultural outlook and the diversity of narratives and case studies, from entrepreneurs to MBA students and leaders in accounting and finance. It also has huge relevance for policymakers and educators keen on embracing sustainable finance in their curriculum"--

"The role of ethics and faith has been diminished by neoliberalism over the last forty years, such that we are living through a profound moral crisis, rising inequality and plutocracy. This practice is destroying the social and trust capital that already exists and is in need of replenishing. This pioneering book draws upon diverse wisdom traditions and their current living business practices to show that not only is another world possible, it is hiding in plain sight. Through real life examples and case studies, this book illustrates and develops a new organic theory of finance which can be taught and shared all over the world, helping society to prepare for a sustainable inclusive future. The author argues that our obsession with technocratic economic science has disabled us from exposing the organic practices of finance. The Climate and Inequality crises demand new institutional and cultural solutions to transform behaviour and heal the planet. Through real life examples and case studies, this book illustrates and develops a new organic theory of finance which can be taught and shared all over the world, helping society to prepare for a sustainable inclusive future. It provides valuable empowerment to experts and professionals from different cultures and traditions to write about their own finance practices and in turn encourage their students and communities to embrace sustainability ideals. There is a global audience for this book, given its multicultural outlook and the diversity of narratives and case studies, from entrepreneurs to MBA students and leaders in accounting and finance. It also has huge relevance for policymakers and educators keen on embracing sustainable finance in their curriculum"--

Sustainability, virtue and living ethics -- Back to basics -- Reforming teaching- methods and syllabus -- The benefits of the glocal revolution

Introduction -- About HBOS -- Politics of risk management -- Audit failure -- Regulatory failure -- Findings and implications

"The biggest corporate failure ever in British history occurred in 2008 with very little forewarning. The management of HBOS, a major national bank with a long history of prudence prior to the merger in 2001, were allowed to act incompetently. Auditors and regulators failed to act, ignoring a key senior whistleblower, and the 'competitive' stock market failed to spot management failure in time. This book is the first academic study of this collapse, uncovering some surprising evidence on the power and politics of large financial institutions. It details the processes and degrees to which financial challenge and regulation are undermined by this power. The research exposes a pro-active process of regulatory risk management by these institutions; the ease with which auditors and regulators can be captured; and how politicians and investors can be all too happy to hop on the stock market and management spin ride - with other people's money. The study questions the ideology and politics which supported and encouraged the management hubris, raising profound questions about the 'politics' of the academic disciplines of banking, finance and accounting today, and the theories they underpin. This account of management gone wrong is essential reading for students, researchers and professionals involved in banking, finance, credit infrastructure, economics and management studies."--Provided by publisher.

Introduction -- Learning to think like a Jain -- Aparigraha: understanding the nature and limits of finance -- Risk and return: careful action and relationships of trust -- Obligation and interdependency: towards a Jain theory of organic growth -- Ethical investment: social and environmental transformation and Jain business -- The implications of "many-sidedness" -- Faith beyond finance: cultivating detachment and humility -- Conclusion: Jainism's implications for finance research

The financial crisis of 2008 has led to a re-evaluation of the role of financial institutions and their relationship with the wider economy and society. This process has meant an increased questioning of both the conduct of business itself and the principles behind commercial and financial activities. Yet non-western voices have been notably absent from this debate, as have alternatives to the dominant western-derived economic ideologies. From the ancient spiritual wisdom or Dharma of the Jains, there emerges a practical modern philosophy fully in tune with the re-emergence of India as a global economic power. Jain individuals, businesses and charities have played a powerful role in India's rise and within the global Indian Diaspora. Jain communities are noted everywhere for their contributions to business, the professions and science. These successes are based on the principles of interdependence and co-operation, with an emphasis on long-term consolidation rather than short-term bursts of growth. Researchers and students interested in the ethics of finance, accounting and economics will find Jainism and Ethical Finance a scholarly and illuminating evaluation of Jain Dharma as a non-western case study. In the light of current concerns about the way global finance and banking systems operate, this book offers a timely alternative perspective.