Normalized Financial Wrongdoing
Normalized Financial Wrongdoing In Normalized Financial Wrongdoing, Harland Prechel examines how social structural arrangements that extended corporate property rights and increased managerial…
Specifikacia Normalized Financial Wrongdoing
Normalized Financial Wrongdoing
In Normalized Financial Wrongdoing, Harland Prechel examines how social structural arrangements that extended corporate property rights and increased managerial control opened the door for misconduct and, ultimately, the 2008 financial crisis. His account adopts a multilevel approach that considers the political and legal landscapes in which corporations are embedded to answer two questions: how did banks and financial firms transition from being providers of capital to financial market actors? Beginning his analysis with the financialization of the home-mortgage market in the 1930s, Prechel shows how pervasive these arrangements had become by the end of the century, when the bank and energy sectors developed political strategies to participate in financial markets.
Second, how did new organizational structures cause market participants to engage in high-risk activities? After
Normalized Financial Wrongdoing
Financial Accounting
Financial Derivatives
Financial Engineering
Financial Freedom