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The Ethics of Accounting and Finance

Trust, Responsibility, and Control

Members of the academic community, lawyers, government officials, and professionals in the accounting and financial services industries examine ethical issues of critical concern to contemporary business.

Edited and revised specifically for this volume, here are the best papers from the Tenth National Conference on Business Ethics, sponsored by Bentley College's Center for Business Ethics.

Fiduciary Law and Responsible Investing

In Nature’s trust

This book is about fiduciary law’s influence on the financial economy’s environmental performance, focusing on how the law affects responsible investing and considering possible legal reforms to shift financial markets closer towards sustainability. Fiduciary law governs how trustees, fund managers or other custodians administer the investment portfolios owned by beneficiaries. Written for a diverse audience, not just legal scholars, the book examines in a multi-jurisdictional context an array of philosophical, institutional and economic issues that have shaped the movement for responsible investing and its legal framework. Fiduciary law has acquired greater influence in the financial economy in tandem with the extraordinary recent growth of institutional funds such as pension plans and insurance company portfolios. While the fiduciary prejudice against responsible investing has somewhat waned in recent years, owing mainly to reinterpretations of fiduciary and trust law, significant barriers remain. This book advances the notion of ‘nature’s trust’ to metaphorically signal how fiduciary responsibility should accommodate society’s dependence on long-term environmental well-being. Financial institutions, managing vast investment portfolios on behalf of millions of beneficiaries, should manage those investments with regard to the broader social interest in sustaining ecological health. Even for their own financial self-interest, investors over the long-term should benefit from maintaining nature’s capital. We should expect everyone to act in nature’s trust, from individual funds to market regulators. The ancient public trust doctrine could be refashioned for stimulating this change, and sovereign wealth funds should take the lead in pioneering best practices for environmentally responsible investing.

This book is about fiduciary law’s influence on the financial economy’s environmental performance, focusing on how the law affects responsible investing and considering possible legal reforms to shift financial markets closer towards ...

Systems Approaches to Management

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Washakie County is a county located in the U.S. state of Wyoming. As of 2000, the population was 8,289. Its county seat is Worland.Washakie County was organized in 1911 and named after the head chief of the Shoshone people, Chief Washakie, who became an ally of the US Government.

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.

Islamic Economic Thought and the New Global Economy

The paper examines the teachings of the Qur'an and the Sunnah and the views of a number of classical Muslim scholars with respect to the unity of mankind and its implications for integration of the world economies through increased specialization and division of labor and removal of restrictions on the free flow of goods, services, labor and capital. It then discusses the extent to which these teachings and views fit within the framework of the New Global Economy. It argues that the philosophy ingrained in Islamic teachings and the writings of Muslim scholars considers the promotion of justice to be indispensable for achieving the desired integration of the world economies. The paradigm of the New Global Economy, unfortunately, lacks this commitment to justice. Hence the resistance to globalization. The author argues that Muslim countries should, nevertheless, support globalization, but should simultaneously struggle for the injection of justice in its paradigm. This will, however, not be sufficient by itself. They should also strive for introducing greater justice in their own economies and also adopt a number of measures that would help them meet successfully the challenges of globalization.

The paper examines the teachings of the Qur'an and the Sunnah and the views of a number of classical Muslim scholars with respect to the unity of mankind and its implications for integration of the world economies through increased ...

Monograf Analisis Gaya Hedonis, Status Sosial, Variasi Produk Terhadap Keputusan Pembelian Melalui Citra Merek

Ekonomi Indonesia menunjukkan pertumbuhan yang konsisten sekitar 5,4% tiap tahun sejak tahun 2014. Pertumbuhan ini juga berdampak pada meningkatnya pendapatan masyarakat, yang tahun 2020 pendapatan per kapitanya sudah mencapai US $4.000, Seiring dengan meningkatnya pendapatan masyarakat, diikuti pula oleh perubahan gaya hidup dan persepsi status sosialnya. Gaya hidup hedonis, mengarah pada kebiasaan berbelanja yang tidak saja untuk memenuhi kebutuhan dan keinginannya saja, melainkan mencari kesenangan dan menghabiskan waktu untuk berkumpul di suatu tempat yang dicitrakan positif. Di samping itu, persepsi status sosial juga berpengaruh pada persepsi pribadinya dalam berbelanja, yaitu berusaha membeli barang yang disesuaikan dengan status sosialnya. Karena itulah banyak konsumen berbelanja di Hypermart Matahari Kediri, yang performancenya memiliki atmosfer tempat seolah mewakili tempat belanja modern dan citra kelas tinggi. Di samping itu memang Hypermart Matahari adalah departement store yang memiliki variasi produk yang lengkap mulai garmen, kosmetik, kendaraan hingga tempat kuliner. Kondisi gaya tempat dan kelengkapan produknya inilah yang memungkinkan masyarakat lebih memilih menetapkan keputusan pembeliannya pada Hypermart Matahari. Di samping itu, citra Hypermart Matahari sudah dipersepsikan sebagai tempat yang membanggakan, lengkap dan tersedia tempat untuk bersenang-senang. Haris besar topik ini adalah, dengan meningkatnya pendapatan per kapita dapat mempengaruhi gaya hidup, yaitu terjadi 1) Munculnya gaya hidup hedonis, 2) Perubahan gaya hidup, yang mengarah pada usaha mendapatkan pengakuan status sosial, 3) Pemilihan tempat belanja, terutama memilih tempat yang memiliki banyak variasi produk, 4) Implikasi adanya perubahan keputusan pembelian yang mempengaruhi motif belanja dan pemilihan tempat belanja yang memiliki citra sesuai dengan gaya dan status sosialnya.

Ekonomi Indonesia menunjukkan pertumbuhan yang konsisten sekitar 5,4% tiap tahun sejak tahun 2014.