Conflicts of Interest in Financial Intermediation
The last years have seen a surge of scandals in financial intermediation. This article argues that the agency structure inherent to most forms of financial intermediation gives rise to conflicts of interest. Though this does not excuse scandalous behavior it points out market imperfections. There ar...
| Veröffentlicht in: | Journal of Business Ethics. - Springer Science + Business Media. - 81(2008), 1, Seite 193-207 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2008
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| Zugriff auf das übergeordnete Werk: | Journal of Business Ethics |
| Schlagworte: | Financial intermediation Conflict of interests Principal-agent theory Philosophy Economics Law Business Behavioral sciences |
| Online verfügbar |
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