Taking the Floor: Models, Morals, and Management in a Wall Street Trading Room

Description

Debates about financial reform have led to the recognition that a healthy financial system doesn't depend solely on how it is structured--organizational culture matters as well. Based on extensive research in a Wall Street derivatives-trading room, Taking the Floor considers how the culture of financial organizations might change in order to remain healthy, even in times of crises.ises.

Daniel Beunza is associate professor of management in The Business School (formerly Cass Business School) at City, University of London.

"Winner of the George R. Terry Book Award, Academy of Management" "Co-Winner of the EGOS Book Prize, European Group for Organizational Studies" "Providing a unique perspective on a complex suject, Taking the Floor profiles what an effective, responsible trading room can and should look like."---City Press Office, Cass Business School "Taking the Floor is a significant contribution to social studies of finance and economic sociology more broadly. It will certainly be worthwhile reading not only for specialists, but also a much broader audience, since the way abstract models shape reality is becoming one of the more salient issues in contemporary societies within and beyond the realm of finance."---Manuel A. Santana-Turegano, London School of Economics Review of Books ""Taking the Floor is beautifully written. . . . Throughout, [Beunza's] storytelling keeps the reader riveted.""---Joel Gehman, Organization Studies