Making of Finance

Using a variety of theoretical frameworks drawn from the social sciences the contributions in this edited collection offer a critical perspective on the dominant paradigms used in contemporary financial activities. Through a detailed study of the organisation and functioning of financial intermediaries and institutions the contributors to this volume analyse 'finance in the making' by shedding light on the structuring of banking and financial systems on their capacity to prescribe action and control on their modes of regulation and more generally on the process of financialisation. <p>Contributions presented in this volume have been written by authors working within the 'social studies of finance' tradition a research programme that emerged twenty years ago with the aim of addressing a diversity of financial fieldworks and related theoretical questions. This book therefore sheds light on different areas that are representative of contemporary financial realities. Specifically it first studies the work of financial employees: traders salespeople investment managers financial analysts investment consultants etc. but also provides an analysis of a range of financial instruments: financial schemes and contracts financial derivatives socially responsible investment funds as well as market rules and regulations. Finally it puts into perspective the organisations contributing to this financial reality: those developing and selling financial services (retail banks brokerage houses asset management firms private equity firms etc.) and also those contributing to the regulation of such activities (banking regulators financial market authorities credit rating agencies the State to name a few). </p> <p>Each text can be read without any specific knowledge of finance; the book is thus addressed to anyone willing to better understand the intricacies of contemporary financial realities.</p>