Research Moral Value And Economic Value Financial Industry Relations

Appears behind the U.S. Financial crisis erupted and the domestic financialsector issues, implies moral and economic values of the game. Thus the relationshipbetween moral and economic values of academia has become one of the key issuesdiscussed.With the high-speed development of market economy, the financial industry’spursuit of moral values is to improve their service to the community; pursuit ofeconomic value are to achieve their own development; relationship between the two ismainly reflected in the utility and morality of the game, in the end moral andeconomic values which is the purpose of pursuing the financial industry? Which oneis the means to achieve the purpose of the exercise? Financial institutions and theirpractitioners into a dilemma, which has become a problem currently facing thefinancial industry.Today, the financial capital of the medium as a function effectively play at thesame time, moral and economic values exposed imbalances become more prominent,the contradiction between its social development has become even more apparent.Commercial Banks mainly as follows: the relationship between banks and customersdamaged; disorderly competition between banks and banking; imbalances such asbanking and market relations. In response to these various moral phenomenon, banksmust see the relationship between our financial problems of moral and economicvalues of the development process to be solved in a closely watched economicdevelopment benefits at the same time. Not difficult to see, behind the lack offinancial and moral values not only has obvious practical reasons, but also hasprofound ethical reasons: commercial banks to the final"utilitarian utility"in the firstplace, while ignoring their moral obligation, a source of conflict lies on utilitarian andmoral explore; commercial banks to seek to maximize the economic interests first,one-sided economic purpose and means, while ignoring the role of ethics in thefinancial system, the performance of heavy economic purposes and means light moralpurpose and means. To solve the financial industry moral and economic values imbalance must bebased on the perspective of the principles of responsibility and ethical values ofhonesty, to solve these problems come to some tentative ways: First, the moraladvantage into competitive advantage; Virtue ethics and institutional ethical andeffective combination to achieve self-improvement of the financial industry. At thesame time, standardize the market competition and prevent financial risks; strengthenthe guiding role of moral values; practice the socialist core value system, and furthercreate a favorable financial environment ethics.