Putting Integrity into Finance: A Purely Positive Approach
Putting Integrity into Finance: A Purely Positive Approach ArXiv ID: ssrn-2413334 “View on arXiv” Authors: Unknown Abstract The seemingly never ending scandals in the world of finance with their damaging effects on value and human welfare (that continue unabated in spite of all the v Keywords: Corporate Governance, Finance Scandals, Ethics, Risk Management, Stakeholder Value, General Finance Complexity vs Empirical Score Math Complexity: 1.0/10 Empirical Rigor: 1.0/10 Quadrant: Philosophers Why: The paper proposes a conceptual, normative theory of integrity with minimal mathematical formalism, relying instead on philosophical and ontological arguments. It explicitly states the lack of large-scale empirical studies and relies on anecdotal feedback, making it neither mathematically dense nor data/implementation-heavy. flowchart TD A["Research Goal: Why do finance scandals persist<br>despite known governance solutions?"] B["Methodology: Purely Positive Approach<br>Analyzes observable behaviors & incentives"] C["Data Inputs: Historical finance scandals<br>Corporate governance records<br>Stakeholder impact reports"] D["Computational Process: Identifying<br>systemic incentive misalignments<br>& integrity gaps"] E["Key Findings: <br>1. Integrity deficit as core risk<br>2. Stakeholder value vs shareholder value<br>3. Need for ethical risk management"]