The Ethics of Bankruptcy: 1st Edition (Paperback) book cover

The Ethics of Bankruptcy

1st Edition

By Jukka Kilpi


240 pages

Purchasing Options:$ = USD
Paperback: 9780415171755
pub: 1998-02-12
SAVE ~$10.79
Hardback: 9780415171748
pub: 1998-02-12
SAVE ~$35.00
Currently out of stock
eBook (VitalSource) : 9780203002414
pub: 2002-01-08
from $26.98

FREE Standard Shipping!


The fundamental ethical problem in bankruptcy is that insolvents have promised to pay their debts but can not keep their promise. The Ethics of Bankruptcy examines the morality of bankruptcy. The author compares and contrasts the Humean doctrine of promises as useful conventions with the Kantian view of autonomous agency constituting promissory obligations; he explores ethical concerns raised by forgiveness, utilitarianism and distributive justice and the moral aspects of insolvents' contractual, fiduciary, tortious and criminal liability. Finally, the author assesses recent bankruptcy law reforms. Bankruptcies severly hurt creditors and society. For the insolvents and their families the experience is painful and stigmatising, yet philosophers have paid little attention to the moral aspects of this violent social phenomenon. The Ethics of Bankruptcy is the first comprehensive study that employs the tools of ethics to examine the controversies surrounding insolvency, which makes valuable and sometimes controversial reading in a decade recovering from the Recession.


'An important contribution to the literature … [which] certainly advances the bankruptcy debate … a book worth reading.' - Journal of Law and Society

About the Series

Professional Ethics

Learn more…

Subject Categories

BISAC Subject Codes/Headings: