Oil and Water Do Not Mix, or: Aliud Est Credere, Aliud Deponere

The financial crisis has led to new interest in the ethics of financial markets. In this article, we further the debate on the nature of banking contracts by showing that the fundamental subjective purposes of loan and deposit contracts are irreconcilable. Any resultant mixture of the two contracts...

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Bibliographic Details
Authors: Bagus, Philipp (Author) ; Howden, David (Author) ; Gabriel, Amadeus (Author)
Format: Electronic Article
Language:English
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Published: Springer 2015
In: Journal of business ethics
Year: 2015, Volume: 128, Issue: 1, Pages: 197-206
Further subjects:B Loans
B Deposit
B Legal purpose
B Fractional-reserve banking
B Fraud
B Maturity mismatching
Online Access: Presumably Free Access
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