RUcore Resource Object
RUcore Resource Object
TitleBusiness ethics and accounting information in light of the Financial Crisis of 2008
NameStrauss, Ronald J. (author), Santoro, Michael A. (chair), Eastman, Wayne (internal member), Vasarhelyi, Miklos A. (internal member), Gathii, James T. (outside member), Rutgers University, Graduate School - Newark,
Degree Date2011-05
Date Created2011
SubjectManagement,
Business enterprises--Finance,
Global Financial Crisis, 2008-2009,
Business ethics,
United States--Economic conditions--2009-
DescriptionThis dissertation examines, from an ethical perspective, the vulnerability of the U.S. financial system that was exposed in the financial crisis that began in 2008. Three
essays are presented, each of which examines an aspect of the relationship between business ethics and risks to the financial system. Essay 1 presents an ethical analysis of executive incentive compensation plans that rewarded excessive risk taking by basing cash-based incentive compensation upon
accrual-based net earnings. Essay 2 offers a historical account and ethical analysis of how the post-Depression U.S. financial system allowed, or even encouraged, individual financial institutions to become too-big-to-fail and too-interconnected-to-fail. Essay 3 a
broader theoretical paper, develops a framework for applying ethical analysis to the accounting measures and disclosures communicated by a firm. While each essay is a distinct analysis, the dissertation is also an integrated work that illuminates the complex general relationship between business ethics and the capital
markets, as well as the specific role of accounting information in ethics and the long-term viability of the financial system.
essays are presented, each of which examines an aspect of the relationship between business ethics and risks to the financial system. Essay 1 presents an ethical analysis of executive incentive compensation plans that rewarded excessive risk taking by basing cash-based incentive compensation upon
accrual-based net earnings. Essay 2 offers a historical account and ethical analysis of how the post-Depression U.S. financial system allowed, or even encouraged, individual financial institutions to become too-big-to-fail and too-interconnected-to-fail. Essay 3 a
broader theoretical paper, develops a framework for applying ethical analysis to the accounting measures and disclosures communicated by a firm. While each essay is a distinct analysis, the dissertation is also an integrated work that illuminates the complex general relationship between business ethics and the capital
markets, as well as the specific role of accounting information in ethics and the long-term viability of the financial system.
NotePh.D.
NoteIncludes bibliographical references
NoteIncludes vita
Noteby Ronald J. Strauss
Genretheses
Persistent URLhttp://hdl.rutgers.edu/1782.1/rucore10002600001.ETD.000061122
Languageeng
CollectionGraduate School - Newark Electronic Theses and Dissertations
Organization NameRutgers, The State University of New Jersey
RightsThe author owns the copyright to this work.
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