Can Finance Be a Virtuous Practice? A MacIntyrean Account

Business Ethics Quarterly 31 (1):75-105 (2021)
  Copy   BIBTEX


ABSTRACTFinance may suffer from institutional deformations that subordinate its distinctive goods to the pursuit of external goods, but this should encourage attempts to reform the institutionalization of finance rather than to reject its potential for virtuous business activity. This article argues that finance should be regarded as a domain-relative practice. Alongside management, its moral status thereby varies with the purposes it serves. Hence, when practitioners working in finance facilitate projects that create common goods, it allows them to develop virtues. This argument applies MacIntyre’s widely acknowledged account of the relationship between practices and the development of virtues while questioning some of his claims about finance. It also takes issue with extant accounts of particular financial functions that have failed to identify the distinctive goods of financial practice.



    Upload a copy of this work     Papers currently archived: 93,031

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Characterizing Virtues in Finance.Alejo José G. Sison, Ignacio Ferrero & Gregorio Guitián - 2019 - Journal of Business Ethics 155 (4):995-1007.
The Case for Investment Advising as a Virtue-Based Practice.Keith D. Wyma - 2015 - Journal of Business Ethics 127 (1):231-249.
Ethics Education for Finance Students Following the GFC.Richard I. Copp & Victor Wong - 2012 - Journal of Business Ethics Education 9 (Special Issue):77-87.


Added to PP

44 (#371,940)

6 months
13 (#219,507)

Historical graph of downloads
How can I increase my downloads?

Author's Profile

Ignacio Ferrero
University of Navarra