'Margin call': using film to explore behavioural aspects of the financial crisis
Article
Werner, A. 2014. 'Margin call': using film to explore behavioural aspects of the financial crisis. Journal of Business Ethics. 122 (4), pp. 643-654. https://doi.org/10.1007/s10551-013-1781-4
Type | Article |
---|---|
Title | 'Margin call': using film to explore behavioural aspects of the financial crisis |
Authors | Werner, A. |
Abstract | The aim of this article is to show how the critically acclaimed and award winning film Margin Call may be used in business ethics teaching. Set in a fictional investment bank at the dawn of the financial crisis, the film zooms in on the motivations and decision-making of people who had much to lose from the crash of the hitherto very profitable mortgage-backed securities market. The film offers rich material for analysis of behaviours that contributed to the crisis. The article will set out topics for classroom discussion, including the impact of incentives and power structures, contextual factors that distance people from the consequences of their actions, and considerations of how the banking industry may be transformed. |
Keywords | Financial crisis; Film; Teaching; Descriptive business ethics; Rationalisations |
Research Group | Corporate Social Responsibility and Business Ethics group |
Publisher | Springer |
Journal | Journal of Business Ethics |
ISSN | 0167-4544 |
Electronic | 1573-0697 |
Publication dates | |
Online | 26 Jun 2013 |
01 Jul 2014 | |
Publication process dates | |
Deposited | 11 Jul 2014 |
Accepted | 17 Jun 2013 |
Output status | Published |
Accepted author manuscript | |
Copyright Statement | This is a post-peer-review, pre-copyedit version of an article published in Journal of Business Ethics. The final authenticated version is available online at: http://dx.doi.org/10.1007/s10551-013-1781-4 |
Digital Object Identifier (DOI) | https://doi.org/10.1007/s10551-013-1781-4 |
Web of Science identifier | WOS:000339384400007 |
Language | English |
https://repository.mdx.ac.uk/item/84wyx
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