Corporate Governance: Promises Kept, Promises Broken

3,33 valoración promedio
( 3 valoraciones por Goodreads )
 
9780691148021: Corporate Governance: Promises Kept, Promises Broken

Even in the wake of the biggest financial crash of the postwar era, the United States continues to rely on Securities and Exchange Commission oversight and the Sarbanes-Oxley Act, which set tougher rules for boards, management, and public accounting firms to protect the interests of shareholders. Such reliance is badly misplaced. In Corporate Governance, Jonathan Macey argues that less government regulation--not more--is what's needed to ensure that managers of public companies keep their promises to investors.


Macey tells how heightened government oversight has put a stranglehold on what is the best protection against malfeasance by self-serving management: the market itself. Corporate governance, he shows, is about keeping promises to shareholders; failure to do so results in diminished investor confidence, which leads to capital flight and other dire economic consequences. Macey explains the relationship between corporate governance and the various market and nonmarket institutions and mechanisms used to control public corporations; he discusses how nonmarket corporate governance devices such as boards and whistle-blowers are highly susceptible to being co-opted by management and are generally guided more by self-interest and personal greed than by investor interests. In contrast, market-driven mechanisms such as trading and takeovers represent more reliable solutions to the problem of corporate governance. Inefficient regulations are increasingly hampering these important and truly effective corporate controls. Macey examines a variety of possible means of corporate governance, including shareholder voting, hedge funds, and private equity funds.



Corporate Governance reveals why the market is the best guardian of shareholder interests.

"Sinopsis" puede pertenecer a otra edición de este libro.

From the Inside Flap:

"A refreshing look at corporate governance that resonates in the real world. For example, Macey argues that so-called 'independent' directors are not really as independent as they appear and explains why the handpicked members of the boards of directors of publicly held companies often are more attentive to managers' interests than to shareholders' interests. Macey points out that there is something wrong with a corporate-governance system that regularly allows ostensibly independent corporate directors to refuse to permit shareholders to decide for themselves when to sell their own companies. Macey does an excellent job of explaining the legal and political problems that give too much power to incumbent managers and not enough to shareholders and free markets."--Carl Icahn

"Macey's book is must reading for any serious student of corporate governance. He brings his usual keen analyses and fresh insights to a field where unexamined received wisdom and advocacy of me-too 'best practices' have too often been the norm."--John F. Olson, senior partner at Gibson, Dunn & Crutcher LLP

"The ambition and achievement of this work is dazzling. Macey leaves no stone unturned in his penetrating examination of the system of American corporate governance. The book will doubtless be an important contribution to the longstanding debate over how best to support the bedrock role that the public corporation plays in the American economy."--Ronald J. Daniels, University of Pennsylvania

"Intriguing, provocative, and readable. One comes away from this book with a good sense of why the institutions of corporate governance are not always what they seem, and why politics plays too large a role in the choice of what to embrace and what to shun. The existing literature on corporate governance is enriched by this book."--Donald C. Langevoort, Georgetown University

"This book is important, interesting, and argumentative. It is wonderfully useful for bringing us up to date with how theory applies to an important set of issues and what those issues say about theory. Corporate Governance will be valuable to many readers, from faculty to students, from journalists to directors, from those who like the system we have to those who are critical of it, and from those who agree with the author and those who don't!"--Peter A. Gourevitch, coauthor of Political Power and Corporate Control

About the Author:

Jonathan R. Macey is the Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale Law School. He is the author of a number of books, including Macey on Corporation Laws.

"Sobre este título" puede pertenecer a otra edición de este libro.

Los mejores resultados en AbeBooks

1.

Macey, Jonathan R.
Editorial: Princeton University Press (2010)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 2
Librería
Academybookshop
(Long Island City, NY, Estados Unidos de America)
Valoración
[?]

Descripción Princeton University Press, 2010. Paperback. Estado de conservación: New. New - Excellent, clean condition - Soft bound *** Publisher: Princeton University Press 2010 ***. Nº de ref. de la librería 21-5-corporate7-p0715

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 9,74
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,38
A Estados Unidos de America
Destinos, gastos y plazos de envío

2.

Macey, Jonathan R.
Editorial: Princeton University Press
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos PAPERBACK Cantidad: 1
Librería
cornacres
(Columbia, MO, Estados Unidos de America)
Valoración
[?]

Descripción Princeton University Press. PAPERBACK. Estado de conservación: New. 0691148023 Book's brand new, remainder-like mark bottom outer text block, Corporate Governance: Promises Kept, Promises Broken , Princeton Univ. Press. Nº de ref. de la librería SKU1018828

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 13,91
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,39
A Estados Unidos de America
Destinos, gastos y plazos de envío

3.

Jonathan R. Macey
Editorial: Princeton University Press (2010)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 1
Librería
Irish Booksellers
(Rumford, ME, Estados Unidos de America)
Valoración
[?]

Descripción Princeton University Press, 2010. Paperback. Estado de conservación: New. book. Nº de ref. de la librería M0691148023

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 20,73
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

4.

Jonathan R. Macey
Editorial: Princeton University Press (2010)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 1
Librería
Ergodebooks
(RICHMOND, TX, Estados Unidos de America)
Valoración
[?]

Descripción Princeton University Press, 2010. Paperback. Estado de conservación: New. Reprint. Nº de ref. de la librería DADAX0691148023

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 17,84
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,38
A Estados Unidos de America
Destinos, gastos y plazos de envío

5.

Jonathan R. Macey
Editorial: Princeton University Press, United States (2010)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 10
Librería
The Book Depository
(London, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, United States, 2010. Paperback. Estado de conservación: New. Reprint. Language: English . Brand New Book. Even in the wake of the biggest financial crash of the postwar era, the United States continues to rely on Securities and Exchange Commission oversight and the Sarbanes-Oxley Act, which set tougher rules for boards, management, and public accounting firms to protect the interests of shareholders. Such reliance is badly misplaced. In Corporate Governance, Jonathan Macey argues that less government regulation--not more--is what s needed to ensure that managers of public companies keep their promises to investors. Macey tells how heightened government oversight has put a stranglehold on what is the best protection against malfeasance by self-serving management: the market itself. Corporate governance, he shows, is about keeping promises to shareholders; failure to do so results in diminished investor confidence, which leads to capital flight and other dire economic consequences. Macey explains the relationship between corporate governance and the various market and nonmarket institutions and mechanisms used to control public corporations; he discusses how nonmarket corporate governance devices such as boards and whistle-blowers are highly susceptible to being co-opted by management and are generally guided more by self-interest and personal greed than by investor interests. In contrast, market-driven mechanisms such as trading and takeovers represent more reliable solutions to the problem of corporate governance. Inefficient regulations are increasingly hampering these important and truly effective corporate controls. Macey examines a variety of possible means of corporate governance, including shareholder voting, hedge funds, and private equity funds. Corporate Governance reveals why the market is the best guardian of shareholder interests. Nº de ref. de la librería AAH9780691148021

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 25,77
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

6.

Jonathan R. Macey
Editorial: Princeton University Press, United States (2010)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 10
Librería
The Book Depository US
(London, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, United States, 2010. Paperback. Estado de conservación: New. Reprint. Language: English . Brand New Book. Even in the wake of the biggest financial crash of the postwar era, the United States continues to rely on Securities and Exchange Commission oversight and the Sarbanes-Oxley Act, which set tougher rules for boards, management, and public accounting firms to protect the interests of shareholders. Such reliance is badly misplaced. In Corporate Governance, Jonathan Macey argues that less government regulation--not more--is what s needed to ensure that managers of public companies keep their promises to investors. Macey tells how heightened government oversight has put a stranglehold on what is the best protection against malfeasance by self-serving management: the market itself. Corporate governance, he shows, is about keeping promises to shareholders; failure to do so results in diminished investor confidence, which leads to capital flight and other dire economic consequences. Macey explains the relationship between corporate governance and the various market and nonmarket institutions and mechanisms used to control public corporations; he discusses how nonmarket corporate governance devices such as boards and whistle-blowers are highly susceptible to being co-opted by management and are generally guided more by self-interest and personal greed than by investor interests. In contrast, market-driven mechanisms such as trading and takeovers represent more reliable solutions to the problem of corporate governance. Inefficient regulations are increasingly hampering these important and truly effective corporate controls. Macey examines a variety of possible means of corporate governance, including shareholder voting, hedge funds, and private equity funds. Corporate Governance reveals why the market is the best guardian of shareholder interests. Nº de ref. de la librería AAH9780691148021

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 26,44
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

7.

Macey, Jonathan R.
Editorial: Princeton University Press (2011)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Cantidad: 11
Librería
Books2Anywhere
(Fairford, GLOS, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, 2011. PAP. Estado de conservación: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Nº de ref. de la librería WP-9780691148021

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 21,21
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 10,12
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

8.

Jonathan R Macey
Editorial: Princeton University Press 2011-01-18, Princeton, N.J. |Woodstock (2011)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos paperback Cantidad: 5
Librería
Blackwell's
(Oxford, OX, Reino Unido)
Valoración
[?]

Descripción Princeton University Press 2011-01-18, Princeton, N.J. |Woodstock, 2011. paperback. Estado de conservación: New. Nº de ref. de la librería 9780691148021

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 28,95
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 6,75
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

9.

Jonathan R. Macey
Editorial: Princeton University Press
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 13
Librería
THE SAINT BOOKSTORE
(Southport, Reino Unido)
Valoración
[?]

Descripción Princeton University Press. Paperback. Estado de conservación: New. New copy - Usually dispatched within 2 working days. Nº de ref. de la librería B9780691148021

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 28,30
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 7,81
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

10.

Jonathan R. Macey
Editorial: Princeton University Press, United States (2010)
ISBN 10: 0691148023 ISBN 13: 9780691148021
Nuevos Paperback Cantidad: 10
Librería
Book Depository hard to find
(London, Reino Unido)
Valoración
[?]

Descripción Princeton University Press, United States, 2010. Paperback. Estado de conservación: New. Reprint. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Even in the wake of the biggest financial crash of the postwar era, the United States continues to rely on Securities and Exchange Commission oversight and the Sarbanes-Oxley Act, which set tougher rules for boards, management, and public accounting firms to protect the interests of shareholders. Such reliance is badly misplaced. In Corporate Governance, Jonathan Macey argues that less government regulation--not more--is what s needed to ensure that managers of public companies keep their promises to investors. Macey tells how heightened government oversight has put a stranglehold on what is the best protection against malfeasance by self-serving management: the market itself. Corporate governance, he shows, is about keeping promises to shareholders; failure to do so results in diminished investor confidence, which leads to capital flight and other dire economic consequences. Macey explains the relationship between corporate governance and the various market and nonmarket institutions and mechanisms used to control public corporations; he discusses how nonmarket corporate governance devices such as boards and whistle-blowers are highly susceptible to being co-opted by management and are generally guided more by self-interest and personal greed than by investor interests. In contrast, market-driven mechanisms such as trading and takeovers represent more reliable solutions to the problem of corporate governance. Inefficient regulations are increasingly hampering these important and truly effective corporate controls. Macey examines a variety of possible means of corporate governance, including shareholder voting, hedge funds, and private equity funds. Corporate Governance reveals why the market is the best guardian of shareholder interests. Nº de ref. de la librería BTE9780691148021

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 36,39
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

Existen otras copia(s) de este libro

Ver todos los resultados de su búsqueda