The Sociology of Financial Markets [Paperback]

Financial markets have often been seen by economists as efficient mechanisms that fulfill vital functions within economies. But do financial markets really operate in such a straightforward manner?The Sociology of Financial Marketsexplores this question by approaching financial markets from a sociological perspective.

Introduction,Karin Knorr Cetina and Alex Preda
Section I: Inside Financial Markets
1. The Embeddedness of Electronic Markets: The Case of Global Capital Markets,Saskia Sassen
2. How Are Global Markets Global? The Architecture of a Flow World,Karin Knorr Cetina
3. How a Superportfolio Emerges: Long-Term Capital Management and the Sociology of Arbitrage,Donald MacKenzie
4. How to Recognize Opportunities: Heterarchical Search in a Trading Room,Daniel Beunza and David Stark
5. Emotions on the Trading Floor: Social and Symbolic Expressions,Jean-Pierre Hassoun
6. Women in Financial Services: Fiction and More Fiction,Barbara Czarniawska
Section II: The Age of the Investor
7. The Investor as a Cultural Figure of Global Capitalism,Alex Preda
8. The Values and Beliefs of European Investors,Walter De Bondt
9. Conflicts of Interest in the US Brokerage Industry,Richard Swedberg
Section III: Finance and Governance
10. Interpretive Politics at the Federal Reserve,Mitchel Y. Abolafia
11. The Return of Bureaucracy: Managing Dispersed Knowledge in Global Finance,Gordon Clark and Nigel Thrift
12. Enterprise Risk Management and the Organization of Uncertainty in Financial Institutions,Michael Power
13. Managing Investors: How Financial Markets Reshaped the American Firm,Dirk Zorn, Frank Dobbin, Julian Dierkes, and Man-Shan Kwok
14. Nothing But Net? Networks and Status in Corporate Governance,Gerald Davis and Gregory Robbinsl3s