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From Passive Aristocracy to Ethical Activity: Self-regulation in the Swedish Financial Market

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Author Info
Norberg, Peter () (Dept. of Business Administration, Stockholm School of Economics)
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.

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File URL: http://swoba.hhs.se/hastba/papers/hastba2006_004.pdf
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Publisher Info
Paper provided by Stockholm School of Economics in its series Working Paper Series in Business Administration with number 2006:4.

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Length: 24 pages
Date of creation: 04 May 2006
Date of revision: 10 May 2006
Handle: RePEc:hhb:hastba:2006_004

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Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, SE 113 83 Stockholm, Sweden
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Related research
Keywords: codes of ethics; financial market; legitimacy; confidence; organizational behaviour;

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