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Durham University

Research & business

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Ethical Finance Accountability and Governance

A research group of the Business School.

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Prior to the financial crisis of 2008 the role of ethics in finance and the adoption of alternative financial and governance systems was considered as needless. In addition, the recurrent corporate collapses have raised great concerns about the failure of the conventional governance and accountability systems. As a result, there has been much questioning of the values underpinning the conventional financial, governance and accountability systems, and the search for ethical alternatives has intensified.

The EFAG Centre conducts empirical research on Ethics, Finance, Governance & Accountability by bringing together an experienced team of researchers across disciplines within the University of Durham. The expertise of the Centre is augmented by a group of internationally excellent scholars in the field who are associate members of the centre.

The EFAG provides a relevant platform for high quality research on ethical finance, accountability and governance. The EFAG’s objectives include disseminating research in conferences, seminars and leading journals and promoting intelligent debate and understanding of ethical finance, faith based finance, socially responsible investment, governance and accountability. The Centre encourages internal school collaboration as well as interaction with external academic institutions, industry, government bodies and policy makers. The EFAG’s research on ethical finance, governance and accountability is relevant to central banks, regulators and industry.


Faculty, Durham University Business School, Mill Hill Lane, Durham DH1 3LB

Publications by staff in this group

Journal Article

Newspaper/Magazine Article