From the Publisher
“All of us, the firms in the financial sector, their regulators and their advisers are responsible for building and maintaining the social capital that markets need to thrive. This book will prove an invaluable read to financial actors, academics, and politicians and to anyone else seeking to understand how to focus finance for good. Through this book, David gives us all a call to action, and we must answer it and give it the attention it deserves.”
—Mark Carney, from the Foreword
“Increasing focus on Purpose, and on Environmental, Social and Governance issues within organisations is necessary and very welcome. But if the business world is to be sustainable, operating within a coherent society, additional system-wide changes also need to be considered. David offers a valuable and compelling framework for navigating just these challenges.”
—Edward Braham, Senior Partner, Freshfields Bruckhaus Deringer
“David Rouch shows that public trust in finance cannot be established by laws and regulations alone. His call for a social licence for finance should inspire a much-needed public debate about the role of finance in a just society.”
—Michael J. Sandel, author of What Money Can’t Buy: The Moral Limits of Markets
“David’s concept of ‘social licence’ is a powerful and provocative way to frame the new zeitgeist of finance and his book offers a punchy and rousing call to arms. With a lawyer’s precision, he includes handy summaries and speed-reads of the key points, backed up with a lucid narrative that explains the central arguments. It should be required reading for today's new generation of financiers and lawyers, particularly those who hope to create a more sustainable and politically acceptable form of 21st century finance.”
—Gillian Tett, Chair, FT editorial board and editor-at-large, US
