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The global finance system has been the subject of hot debate for several years. Major players such as the International Monetary Fund and the World Bank have come under fire for their financial practices, while the role of epistemic authorities, including rating agencies, remains unclear. This book systematically analyzes the role knowledge plays in global finance reformby considering its influence in the empirical areas of finance (banking, accounting, and bond rating, for example). As the contributors demonstrate, current institutional management strategies reflect a shift toward cognitive, or learning-based modes of managing financial and political risks and this cognitive thinking has its own consequences for the global marketplace."

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Book Details

ISBN: 9783593381565
ISBN-10: 3593381567
Format: Paperback
(215mm x 142mm x 22mm)
Pages: 350
Imprint: Campus Verlag
Publisher: Campus Verlag
Publish Date: 7-Mar-2008
Country of Publication: Germany

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Author Biography - Torsten Strulik

Torsten Strulik is the Heisenberg Fellow of the German Research Foundation and assistant professor of sociology at the University of Bielefeld in Germany. Helmut Willke is professor of sociology at the University of Bielefeld.