Murray, Noel M.; Manrai, Ajay K.; Manrai, Lalita A. - In: Journal of economics, finance & administrative science 22 (2017) 43, pp. 168-190
Purpose: This paper aims to present an analysis of the role of financial incentives, moral hazard and conflicts of interests leading up to the 2008 financial crisis. Design/methodology/approach: The study's analysis has identified common structural flaws throughout the securitization food chain....