Wall Street on Trial: A Corrupted State? - Hardcover

O'Brien, Justin

Hardcover

ISBN 10: 0470865741 ISBN 13: 9780470865743

Publisher: Wiley, 2003

Synopsis

Wall Street on Trial The politics of business have become the business of politics. Across the world the lesson is clear: just as too much governmental interference leads to dysfunctional economies, left to its own devices the market is incapable of adequate self regulation. This work deals with this topic.

About this title

Review:

..".there is much useful information in this book, it is probably of greater interest to the specialist academic..." (Professional Investor, October 2003)

From the Back Cover:

The politics of business have become the business of politics. Across the world the lesson is clear: just as too much governmental interference leads to dysfunctional economies, left to its own devices the market is incapable of adequate self-regulation.

The corporate malfeasance crisis in the United States has transformed global perceptions about the efficacy of regulatory structures in combating corrupt practices in private and public sectors. The design of effective corporate governance structures depends not just on internal factors but also on the inter-relationship between various actors that constitute wider governance: politicians, lobbyists, corporations and regulators.

Wall Street on Trial: A Corrupted State breaks new ground by deconstructing the systemic flaws inherent in the model itself. It reveals that the 'rotten apple' theory, positing the problems in corporate America as merely the result of deviancy by an individual or a single firm, is an intellectual deceit not supported by the facts.

About this edition

• Publisher: Wiley
• Publication date: 2003
• ISBN 10: 0470865741
• ISBN 13: 9780470865743
• Binding: Hardcover
• Edition number: 1
• Number of pages: 192