The Case for Investment Advising as a Virtue-Based Practice

Verfasser / Beitragende:
[Keith Wyma]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 127/1(2015-03-01), 231-249
Format:
Artikel (online)
ID: 605485232
LEADER caa a22 4500
001 605485232
003 CHVBK
005 20210128100440.0
007 cr unu---uuuuu
008 210128e20150301xx s 000 0 eng
024 7 0 |a 10.1007/s10551-013-2025-3  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s10551-013-2025-3 
100 1 |a Wyma  |D Keith  |u Whitworth University, Spokane, WA, USA  |4 aut 
245 1 4 |a The Case for Investment Advising as a Virtue-Based Practice  |h [Elektronische Daten]  |c [Keith Wyma] 
520 3 |a Contemporary virtue ethics was revolutionized by Alasdair MacIntyre's reconfiguration using practices as the starting point for understanding virtues. However, MacIntyre has very pointedly excluded the professions of the financial world from the reformulation. He does not count these professions as practices, and further charges that virtue would actually hinder or even rule out one's pursuit of these professions. This paper addresses three tasks, in regard to the financial profession of investment advising. First, the paper lays out MacIntyre's soon-to-be-published charges against the investment world, as specified to this profession. Second, it sets forth the role function of investment advising and shows that it does possess internal goods—the crucial aspect of practices disputed by MacIntyre in this case—including goods of production and goods of performance. Third, it demonstrates that this function, and the goods tied to it, cannot be achieved apart from the virtuous pursuit of the profession, thereby showing that MacIntyre's charges are mistaken. Investment advising is shown to be a virtue-based practice, and the groundwork is laid for showing that other financial professions are so, as well. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a Agent  |2 nationallicence 
690 7 |a Fiduciary  |2 nationallicence 
690 7 |a Internal goods  |2 nationallicence 
690 7 |a Investment advising  |2 nationallicence 
690 7 |a MacIntyre, Alasdair  |2 nationallicence 
690 7 |a Positive liberty  |2 nationallicence 
690 7 |a Practice  |2 nationallicence 
690 7 |a Role function  |2 nationallicence 
773 0 |t Journal of Business Ethics  |d Springer Netherlands  |g 127/1(2015-03-01), 231-249  |x 0167-4544  |q 127:1<231  |1 2015  |2 127  |o 10551 
856 4 0 |u https://doi.org/10.1007/s10551-013-2025-3  |q text/html  |z Onlinezugriff via DOI 
898 |a BK010053  |b XK010053  |c XK010000 
900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
949 |B NATIONALLICENCE  |F NATIONALLICENCE  |b NL-springer 
950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s10551-013-2025-3  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 100  |E 1-  |a Wyma  |D Keith  |u Whitworth University, Spokane, WA, USA  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 127/1(2015-03-01), 231-249  |x 0167-4544  |q 127:1<231  |1 2015  |2 127  |o 10551