Examlex
The reputational capital of investment bankers is based on their roles as intermediaries with more in-depth knowledge of the issuer.Investment bankers maintain their reputation by:
Preconventional
The first level of Kohlberg's stages of moral development, where moral reasoning is based primarily on consequences of actions and external rewards and punishments.
Piagetian Period
Stages of cognitive development identified by psychologist Jean Piaget, through which children progress as they grow older.
Preconventional Morality
The first level in Kohlberg's stages of moral development, where behavior is driven by the desire to avoid punishment or gain reward.
Sensorimotor Period
The first stage of Jean Piaget's theory of cognitive development, occurring from birth to approximately two years of age, where an infant's knowledge of the world is limited to their sensory perceptions and motor activities.
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