The Value of Financial Ethics, Part II


By: Judy Zhu


I Introduction

Philosophical commentator, Alan R. Malachowski once made the remark that finance nowadays seems to be playing an ‘ethically-enervating role’, as the rise of the doctrines of ‘The New Finance’ Whilst it is not the purpose of this inquiry to address the truth or untruth of every aspect of Malachowski’s claim, the central premise of this research note can be stated in the following terms: if it is true that matters of finance indeed ‘dominate everyday life’, then such a pervasive role


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The Value of Financial Ethics, Part I

By: Judy


The term, ‘ethics’, can mean three things. Firstly, it denotes the ethical outlook of an entity, whether implied by its behaviour or explicitly stated. Secondly, it may refer to the set of normative principles and reasons which govern conduct, whether at the individual or collective level. Thirdly and most commonly, it is defined as an area of philosophical enquiry devoted to grasping the principles constituting ‘ethics’ in its second sense explained above. Therefore, this article aims to defend the importance of financial ethics by examining the normativity of finance


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Moral Cents

Financial EthicsMoral Cents is The Journal of Ethics in Finance, produced on a regular basis by the Seven Pillars Institute for Global Finance and Ethics. Click HERE to see the latest issues and read them in full.

Seven Pillars Institute for Global Finance and Ethics (SPI) and the Centre for Commercial Law Studies (CCLS) at Queen Mary University of London have a collaborative affiliation in their work on ethics, law, and regulation in finance. The goal of the collaboration is to foster a dialogue on important ethical policy issues affecting the financial services industry.

Read the Collaboration Announcement

Seven Pillars Institute for Global Finance and Ethics and IntegTree LLC have a collaborative affiliation. The two organizations plan to create online training programs in financial ethics and compliance management. The Programs will help financial institutions improve conformity with the law while also fostering ethical awareness.

Read the collaboration announcement.