Trust and Ethics in Finance
INTRODUCTION ..................................................................... 17
The Evolution and Global Role of the Robin Cosgrove Prize,
2006-2013 ................................................................................... 19
Carol Cosgrove-Sacks
Ethics and the Economy: A Tense Relationship ..................... 31
Paul H. Dembinski
Credo + Credibility = Credit .................................................... 43
Christoph Stückelberger
PART I: BEYOND COMPLIANCE ....................................... 45
1 Ethics: A Diet for Highly Leveraged Financial Markets .... 47
Jakub Kuriata
2 Ethical Cash Management? A Possible Solution ................. 65
Leire San-Jose
3 Ethics and Order in the Disorderly World of Finance ....... 79
Elise Pellerin and Marie Casimiro
4 Ethics or Bust: Beyond Compliance and Good Marketing 93
Clare Payne
5 Ethics: The Key to Credibility ............................................ 109
Felippe Araujo
6 Emotions, Personal Ethics and Professional Life:
The Lost Link ...........................................................................123
Meredith Benton
7 The Financial Sector and the Behaviour of People:
What to Do? .............................................................................135
Carlos Eduardo Estapé Viana
8 Decision: The space between the Code of Ethics and
Ethical Behaviour ....................................................................145
Carmen Lucia Carmona Paredes
9 Ethics: Essential Prerequisite of the Financial System .....155
David Sifah
PART II: STANDARDS AND VALUES ...............................171
10 Social Impact Ratings: How to Make Responsible
Investment Appealing..............................................................173
Jonathan M. Wisebrod
11 The Reconciliation of Finance and Ethics: Integrating
the Interior and Exterior Dimensions of Reality ..................191
Faly Ranaivoson
12 Financial Derivatives and Responsibility: How to
Deal Ethically with Financial Risk .........................................209
Simone Heinemann
13 Internationalism, Institutions and Individuals:
Systemic Changes for a Systemic Ethical Crisis ...................223
Geoffrey See
14 Accountability and the Second Line of Defence...............239
Immaculate Dadiso Motsi-Omoijiada
15 Redefining Capitalism: An Ethical Rating and its
Contribution to Development .................................................257
Jaime Pozuelo-Monfort
16 When Small Companies Dabble in Disinformation ........ 269
Saif Ullah
PART III: SOLIDARITY AND SUSTAINABILITY .......... 279
17 Solidarity Finance and the Democratisation of Money .. 281
Nicolás Meyer
18 Ethics vs. Finance? An analysis of the Origins, Problems
and Future Perspectives of this Relationship........................ 297
Bruno Federico Fernández
19 In Search of Honesty and Altruism .................................. 315
Raina Abdul Rahim Mousa
20 Microfinance: Getting Money to the Poor or Making
Money out of the Poor?........................................................... 329
Joy Mueni Maina Kiiru
21 The South and Carbon Dioxide: Every Cloud has
a Silver Lining ......................................................................... 341
Jem Bendell and Inderpreet Chawla
22 Investing as if People and Planet Mattered...................... 355
Pernille Jessen
23 Virtuous Enterprises: The Place of Christian Ethics ...... 367
Jan Thomas Otte