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

Author

Listed:
  • 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.

Suggested Citation

  • Norberg, Peter, 2006. "From Passive Aristocracy to Ethical Activity: Self-regulation in the Swedish Financial Market," SSE/EFI Working Paper Series in Business Administration 2006:4, Stockholm School of Economics, revised 04 Jan 2008.
  • Handle: RePEc:hhb:hastba:2006_004
    as

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    References listed on IDEAS

    as
    1. Edward Stringham, 2002. "The Emergence of the London Stock Exchange as a Self-Policing Club," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 17(Spring 20), pages 1-19.
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    More about this item

    Keywords

    codes of ethics; financial market; legitimacy; confidence; organizational behaviour;
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