Ethics in Finance

The global financial crisis and recent high-profile scandals (e.g. Wells Fargo in the United States, Wirecard in Germany, Luckin Coffee in China) highlight the extent to which we seem to have made little progress in stamping out unethical behavior in finance. This seminar will explore ethics in the finance industry using a case-based method and will be grounded in an understanding of the role of a financial system in an economy and society. We will draw on moral philosophy, financial theory and concepts of behavioral ethics, corporate governance, economic development, and public policy.