Journal of Academic Ethics

, Volume 16, Issue 1, pp 19–38 | Cite as

Ethics in Finance Research: Recommendations from an Academic Experts Delphi Panel

  • Leire San-JoseEmail author
  • Jose Luis Retolaza


This paper examines the flow of thoughts on ethics in finance both from academic experts and from published contributions that constitute an alternative view of the financial field from an ethical point of view. A Delphi method was used to achieve consensus about the perceptions and opinions academic experts hold about ethics in financial matters and in the research agenda. This approach permits the early detection of emerging lines, narrowing the research line and shortening subject selection time. An active research map of researchers, countries and lines of investigation was drawn up, and recommendations made of areas that could be highlighted or moderated.


Delphi Ethics Academic Research lines 

JEL Classification

G10 M10 M14 



The authors are grateful to the ethics in finance experts for their participation in the Delphi process and their insightful comments. They also express their appreciation and thanks to ECRI. This work is a contribution from the research group ECRI Ethics in Finance and Social Value Research Gropu ( (GIU 15/10) and is supported by the Emilio Soldevilla Foundation for research and development in business economics (FESIDE).


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Copyright information

© Springer Science+Business Media B.V. 2017

Authors and Affiliations

  1. 1.University of the Basque Country UPV/EHU, ECRIBilbaoSpain
  2. 2.University of HuddersfieldHuddersfieldUK
  3. 3.Deusto Business SchoolBilbaoSpain
  4. 4.IAE Sorbona Management et Gouvernance des Cooperatives FinancieresParisFrance

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