• xmlui.mirage2.page-structure.header.title
    • français
    • English
  • Aide
  • Connexion
  • Langue 
    • Français
    • English
Consulter le document 
  •   Accueil
  • IRISSO (UMR CNRS 7170)
  • IRISSO : Publications
  • Consulter le document
  •   Accueil
  • IRISSO (UMR CNRS 7170)
  • IRISSO : Publications
  • Consulter le document
JavaScript is disabled for your browser. Some features of this site may not work without it.

Afficher

Toute la baseCentres de recherche & CollectionsAnnée de publicationAuteurTitreTypeCette collectionAnnée de publicationAuteurTitreType

Mon compte

Connexion

Enregistrement

Statistiques

Documents les plus consultésStatistiques par paysAuteurs les plus consultés
Thumbnail - Request a copy

The Differential Management of Financial Illegalisms: Assigning Responsibilities in the Libor Scandal

Angeletti, Thomas (2019), The Differential Management of Financial Illegalisms: Assigning Responsibilities in the Libor Scandal, Law & Society Review, 53, 4, p. 1233-1265. https://doi.org/10.1111/lasr.12442

Type
Article accepté pour publication ou publié
Date
2019
Nom de la revue
Law & Society Review
Volume
53
Numéro
4
Éditeur
Wiley
Pages
1233-1265
Identifiant publication
https://doi.org/10.1111/lasr.12442
Métadonnées
Afficher la notice complète
Auteur(s)
Angeletti, Thomas cc
Institut de Recherche Interdisciplinaire en Sciences Sociales [IRISSO]
Résumé (EN)
How, in a context of growing critiques of financialization, can law contribute to protecting the legitimacy of finance? This paper argues that the assignment of responsibilities between individuals and organizations plays a decisive role, using the recent Libor scandal as an empirical illustration. To do so, the paper offers a Foucauldian framework, the differential management of financial illegalisms, dedicated to the study of illegalities in financial capitalism. The comparison of the legal treatment of two manipulations of Libor, this key benchmark in financial markets, reveals how mid‐level traders have been the object of criminal prosecution, while law undervalued the role of top managers and organizations. To capture how differential management is performed in practice, I analyze precisely how the conflict‐resolution devices (criminal trial vs. settlement) and the social categorizations prevailing in the two manipulations of Libor favor different forms of responsibility, individual or organizational. I conclude by exploring the implications of law's relationship to financial legitimacy.
Mots-clés
law; finance

Publications associées

Affichage des éléments liés par titre et auteur.

  • Vignette de prévisualisation
    Does the time fit the crime? The division of responsibilities in the legal treatment of the Libor scandal 
    Angeletti, Thomas (2018) Communication / Conférence
  • Vignette de prévisualisation
    How is finance judged? The differential management of financial illegalities 
    Angeletti, Thomas (2019) Communication / Conférence
  • Vignette de prévisualisation
    How is finance judged? The differential management of financial illegalities 
    Angeletti, Thomas (2019) Communication / Conférence
  • Vignette de prévisualisation
    How is finance judged ? The differential management of financial illegalities 
    Angeletti, Thomas (2018) Communication / Conférence
  • Vignette de prévisualisation
    Finance on Trial: Rules and Justifications in the Libor Case 
    Angeletti, Thomas (2017) Article accepté pour publication ou publié
Dauphine PSL Bibliothèque logo
Place du Maréchal de Lattre de Tassigny 75775 Paris Cedex 16
Tél. : 01 44 05 40 94
Contact
Dauphine PSL logoEQUIS logoCreative Commons logo