{"title":"After the crisis: How to restore trust in business and finance","authors":"Werner De Bondt","doi":"10.1080/02102412.2013.10779738","DOIUrl":null,"url":null,"abstract":"ABSTRACT Over the last decade, many people around the globe have become progressively disillusioned with capitalist democracy and above all with the world of business and finance. I use U.S. data to illustrate the loss of confidence, and I examine how the public has changed its views about business, financial institutions, government, regulation and globalization. On the whole, there is now a leftward cultural trend in the United States. Society cannot move forward without at least partly restoring public trust. Useful steps that heads of business, financial leaders, and policy-makers can take are discussed.","PeriodicalId":45271,"journal":{"name":"Spanish Journal of Finance and Accounting-Revista Espanola De Financiacion Y Contabilidad","volume":"42 1","pages":"13 - 37"},"PeriodicalIF":0.9000,"publicationDate":"2013-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/02102412.2013.10779738","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Spanish Journal of Finance and Accounting-Revista Espanola De Financiacion Y Contabilidad","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1080/02102412.2013.10779738","RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 4
Abstract
ABSTRACT Over the last decade, many people around the globe have become progressively disillusioned with capitalist democracy and above all with the world of business and finance. I use U.S. data to illustrate the loss of confidence, and I examine how the public has changed its views about business, financial institutions, government, regulation and globalization. On the whole, there is now a leftward cultural trend in the United States. Society cannot move forward without at least partly restoring public trust. Useful steps that heads of business, financial leaders, and policy-makers can take are discussed.
期刊介绍：
The Spanish Journal of Finance and Accounting ( SJFA) is a quarterly academic journal founded in 1972. It aims to publish high quality research papers in accounting and finance. The scope of SJFA covers theoretical and empirical analysis relating to financial markets and institutions, corporate finance, market microstructure, corporate governance, internal and management accounting and a wide spectrum of financial performance and financial reporting, including auditing and public accounting. The Journal welcomes both theoretical and empirical contributions, and in particular, theoretical papers that yield novel testable implications and empirical papers that are theoretically well motivated. The journal is not a suitable outlet for highly abstract mathematical papers or empirical papers with inadequate theoretical motivation. All manuscripts that meet these editorial guidelines are blind reviewed by external reviewers. SJFA sponsors a periodic conference in which selected papers under review are presented and discussed by additional reviewers in order to increase the quality of the papers published in the journal. If accepted for publication, these selected articles are published in the Journal with a special distinction. The Journal welcomes replies and discussions to both published and forthcoming articles. These contributions, if accepted by the editors, may eventually be published jointly with a reply or comment by the authors of the original paper.
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