Finance Professionals in the Financial Crisis: Values, Fairness and Culture

Journal of Investment Management (JOIM), Fourth Quarter 2013

Posted: 16 Nov 2014

See all articles by Meir Statman

Meir Statman

Santa Clara University - Department of Finance

Date Written: 2013

Abstract

Finance professionals have expressed their views on values, fairness, and culture in the great debate about the global financial crisis and its aftermath. Yet, their positions remain precarious because they stand accused of instigating the crisis, because their views on values, fairness, and culture are not widely shared in society, and because they fail to persuade that their work has social benefits.

Keywords: Finance professionals, financial crisis, behavioral finance, fairness, values, culture

JEL Classification: G00

Suggested Citation

Statman, Meir, Finance Professionals in the Financial Crisis: Values, Fairness and Culture (2013). Journal of Investment Management (JOIM), Fourth Quarter 2013. Available at SSRN: https://ssrn.com/abstract=2441375

Meir Statman (Contact Author)

Santa Clara University - Department of Finance ( email )

500 El Camino Real
Santa Clara, CA 95053
United States
408-554-4147 (Phone)
408-554-4029 (Fax)

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