Stewardship Ethics in Debt Management

1. Front Matter

   Pages i-ix

   PDF

2. Introduction

   • Roy Mohon

   Pages 1-11

3. The Context of Stewardship: The Debt Problem

   • Roy Mohon

   Pages 12-51

4. The Stewardship Concept

   • Roy Mohon

   Pages 52-90

5. Borrowers and Borrowing

   • Roy Mohon

   Pages 91-128

6. Bankers, Business Finance and Consumer Lending

   • Roy Mohon

   Pages 129-160

7. Mortgage Finance and Money Advice

   • Roy Mohon

   Pages 161-187

8. The Stewardship Debt Management Model

   • Roy Mohon

   Pages 188-208

9. Back Matter

   Pages 209-226

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As we move forward into the Third Millennium AD the perennial problem of unmanageable debt is still with us. As if to prove the point, in late November 1997, the Tokuyo City Bank in Japan closed down its business, reminding the world that default still stalks families, institutions and governments. It seems that little has been achieved in handling debt since 1216 when the Magna Carta limited the actions of bailiffs against debtors willing and able to make payment. Current literature about consumer credit, business finance and mortgages reveals the urgent need to tackle the ethics of borrowing and lending on some commonly understood and acceptable basis. In this book, the stewardship concept familiar in accounting, corporate governance, environmental strategy and Christian social ethics is analyzed to provide a framework. The book demonstrates that analysis of the concept of stewardship provides a set of resource-related social values which shed light upon ethical issues in debt management and enable the construction of a decision support model to secure improvements in debt management practice.

• Finance
• banking
• business ethics
• ethics
• management

• University of Sunderland, Sunderland, UK

  Roy Mohon

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