Corporate Governance: Law, Theory and PolicyU-il Chu This anthology of recent scholarship on corporate governance has been extensively revised and updated. It explores the application of legal doctrine and theory to topical policy issues such as corporate social responsibility, executive compensation, corporate criminality, federalism, and ethical rules for corporate lawyers. It contains materials on recent developments, including the 2008 financial collapse. The book puts into current context long-running debates on fundamental corporate law issues, such as shareholders' ownership of the corporation, director independence, and management's focus on maximizing share price. The new edition contains a new chapter on creditors and bankruptcy. The book is organized around policy issues rather than the doctrinal areas of the basic law school course. It presents diverse views on each issue through various approaches to analyzing corporate law and incorporating doctrine, law and economics, empirical work; history; and organizational behavior. The book is designed for use as the primary text in a course or seminar in corporate governance, but could also serve as supplemental reading in the basic law school corporations course. It includes questions for classroom discussion or self-directed study. The edited selections are generally longer than in a standard law anthology in order to provide a deeper treatment of the issues. |
From inside the book
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... Sarbanes- Oxley continues , and is instructive as the nation considers further reform of federal securities law . In this chapter , Robert Thompson and Hillary Sale argue that federal law , including Sarbanes - Oxley , uses the ...
... Sarbanes - Oxley is the requirement that the audit committee of the board take control over the retention and compensation of the company's auditors . " That this was not already ordinary practice is a testament to a breakdown of ...
... Sarbanes - Oxley Act has been criticized for mandating practices ( such as independent audit committees of corporate boards and the prohibition of non - audit services by corporate auditors ) whose efficacy is not supported by empirical ...
Contents
The Role of the Corporation | 3 |
Beyond Berle and Means | 9 |
William W Bratton Enron and the Dark Side of Shareholder Value | 17 |
Copyright | |
25 other sections not shown