University of New South Wales Faculty of Law Research Series

University of New South Wales Faculty of Law Research Series 2009

 

The Role of Reputation in Banking

Ross P. Buckley, University of New South Wales
Justen Nixon, Solicitor of the Supreme Court of New South Wales

Article comments

This paper was published in the Journal of Banking and Finance Law and Practice, (2009) 20, p. 37-50. This paper may also be referenced as [2009] UNSWLRS 18.

Abstract

The law is the dominant framework within which transactions occur. However, another important framework is that of reputation and the need all businesses have to enhance and preserve it. Usually through long experience, legal practitioners become aware of the influence and importance of reputation, and the role that the need for any business to preserve it serves as an enforcement mechanism.

This essay considers the role of the institution of reputation in banking transactions, in particular the role of reputation in documentary credit transactions.

Subject Area

Banking and Finance

Recommended Citation

Ross P. Buckley and Justen Nixon, "The Role of Reputation in Banking" (June 2009). University of New South Wales Faculty of Law Research Series. University of New South Wales Faculty of Law Research Series 2009. Working Paper 18.
http://law.bepress.com/unswwps/flrps09/art18

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