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Academic
: Legal Theory BlogBook Announcement: Corporate Governance by Macey
By Lawrence Solum
Corporate Governance
Promises Kept, Promises Broken
Jonathan R. Macey
To read the entire book description or the introduction, please visit: http://press.princeton.edu/titles/8739.html
In the wake of the Enron meltdown and other corporate scandals, the United States has increasingly relied 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'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
Cloth | $35.00 / £19.95 | ISBN: 978-0-691-12999-0
Full post as published by Legal Theory Blog on October 23, 2008 (boomark / email).
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