Name: stewardship
Price: 47.13 NZD
Availability: InStock
Author: Taft, John G. ; Bogle, John C. ; Ellis, Charles D.
ISBN: 9781118190197

Type

Physical Book

Author

Preface by

Publisher

Language

English

Pages

224

Format

Hardcover

Dimensions

23.5 x 15.5 x 2.2 cm

Weight

0.42 kg.

ISBN

111819019x

ISBN13

9781118190197

Synopsis "stewardship"

A compelling argument for why stewardship of wealth and service to others should be our highest financial priority Stewardship is the journey of financial insider John Taft towards understanding and affirming the importance of stewardship--which he has come to define as "serving others"--as a core principle for the financial services industry, the global financial system, and society at large. By defining the attributes of authentic stewardship, this book presents a path forward by analyzing the success of Canadian banks in weathering the financial crisis; evaluates the effectiveness of global financial reform efforts in making the financial system safer, sounder, and more secure; offers wealth management prescriptions for individual investors; evaluates the potential of ESG (environmental, social, and governance) investment processes as a way to instill stewardship behaviors among corporate CEOs (particularly at financial services firms); and, ultimately, calls for a return to stewardship's core principles as the key to not only minimizing the scope and consequences of future failures, but also to addressing other societal challenges. Argues for a return towards stewardship, with financial services companies doing right by their customers Analyzes the response of Canadian banks to the financial crisis to provide meaningful advice for investors and businesses alike Inspired by Taft's experience running one of the largest wealth management firms in the country during the financial crisis and his direct participation in subsequent legislative and regulatory efforts to rewrite the rules under which the U.S. securities industry operates From the man who made the decision to reimburse clients affected by the collapse of a money market mutual fund comes a compelling look at why financial service companies should start doing what's right for their customers.

John C. Bogle

(Preface by)

View Author's Page

John C. Bogle (Montclair, New Jersey, 1929 - Bryn Mawr, Pennsylvania, 2019) was the founder of The Vanguard Group and a pioneer of index investing. His philosophy of low fees revolutionized the financial world, democratizing access to the markets. Among his most notable works are The Little Book of Common Sense Investing, Common Sense on Mutual Funds, and The Great Investors: From Graham to Bogle and Beyond. His legacy transformed the global industry.

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