The displaced world of risk management: covert enchantment in a calculative world

Pelzer, Peter, and Case, Peter (2008) The displaced world of risk management: covert enchantment in a calculative world. In: Kostera, Monika, (ed.) Mythical Inspirations for Organizational Realities. Palgrave MacMillan, London, GBR, pp. 121-133.

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[Extract] The financial industry gets more and more attention for the risks inherent to its business. The crash of the dot. com bubble affected many non-professional investors and made them aware that profits are not guaranteed, leading to feelings of betrayal on the part of this public. When labelling hedge fund investors 'locusts', implying that they ravenously fall upon the country, Franz Miintefering, chairman of the Social Democrats in Germany in ZOOS, was simply giving expression to a widespread feeling of the public concerning globalized investment methods; after all, it was election time.

Item ID: 27647
Item Type: Book Chapter (Research - B1)
ISBN: 978-0-230-51573-4
Keywords: risk management; modernity; enchantment; magic; divination; Mauss
Date Deposited: 20 Jun 2013 04:32
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150311 Organisational Behaviour @ 100%
SEO Codes: 95 CULTURAL UNDERSTANDING > 9504 Religion and Ethics > 950402 Business Ethics @ 50%
97 EXPANDING KNOWLEDGE > 970115 Expanding Knowledge in Commerce, Management, Tourism and Services @ 50%
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