SSE/EFI Working Paper Series in Business Administration
No 2006:4:
From Passive Aristocracy to Ethical Activity: Self-regulation in the Swedish Financial Market
Peter Norberg ()
Abstract: This article informs the question of how a business sector
interacts with perceived demands from the public. Swedish financial firms
suffer from low public confidence. The Swedish public has become
increasingly involved in the equities market. Brokerage houses have al-ways
appeared as exclusive. Using codes of ethics to effectively signal
commitment to ethical principles serves both the objectives of seriousness
and normality.
Keywords: codes of ethics; financial market; legitimacy; confidence; organizational behaviour; (follow links to similar papers)
24 pages, May 4, 2006, Revised January 4, 2008
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