The Ethical Economy of the Capital Market

  • Peter KoslowskiEmail author
Part of the Issues in Business Ethics book series (IBET, volume 30)


The need for capital and thus financial resources to finance firms and projects creates its own market in which capital, in its most abstract form, is bought and sold as a securitized, exchange-tradable share of a firm. This established market begets norms of practice and trade in this market, norms of exchange and norms of advice on trading, which arise in the interplay between the capital market’s factual development and the normative rules of ethics and of legislation.


Capital Market Stock Exchange Trade Volume Pension Fund Share Price 
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Copyright information

© Springer Science+Business Media B.V. 2011

Authors and Affiliations

  1. 1.Department of PhilosophyVU University AmsterdamAmsterdamNetherlands

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