Corporate Governance after the Financial Crisis

Nonfiction, Reference & Language, Law, Corporate, Administrative Law & Regulatory Practice
Cover of the book Corporate Governance after the Financial Crisis by Stephen M. Bainbridge, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Stephen M. Bainbridge ISBN: 9780199912797
Publisher: Oxford University Press Publication: January 25, 2012
Imprint: Oxford University Press Language: English
Author: Stephen M. Bainbridge
ISBN: 9780199912797
Publisher: Oxford University Press
Publication: January 25, 2012
Imprint: Oxford University Press
Language: English

The first decade of the new millennium was bookended by two major economic crises. The bursting of the dotcom bubble and the extended bear market of 2000 to 2002 prompted Congress to pass the Sarbanes-Oxley Act, which was directed at core aspects of corporate governance. At the end of the decade came the bursting of the housing bubble, followed by a severe credit crunch, and the worst economic downturn in decades. In response, Congress passed the Dodd-Frank Act, which changed vast swathes of financial regulation. Among these changes were a number of significant corporate governance reforms. Corporate Governance after the Financial Crisis asks two questions about these changes. First, are they a good idea that will improve corporate governance? Second, what do they tell us about the relative merits of the federal government and the states as sources of corporate governance regulation? Traditionally, corporate law was the province of the states. Today, however, the federal government is increasingly engaged in corporate governance regulation. The changes examined in this work provide a series of case studies in which to explore the question of whether federalization will lead to better outcomes. The author analyzes these changes in the context of corporate governance, executive compensation, corporate fraud and disclosure, shareholder activism, corporate democracy, and declining US capital market competitiveness.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The first decade of the new millennium was bookended by two major economic crises. The bursting of the dotcom bubble and the extended bear market of 2000 to 2002 prompted Congress to pass the Sarbanes-Oxley Act, which was directed at core aspects of corporate governance. At the end of the decade came the bursting of the housing bubble, followed by a severe credit crunch, and the worst economic downturn in decades. In response, Congress passed the Dodd-Frank Act, which changed vast swathes of financial regulation. Among these changes were a number of significant corporate governance reforms. Corporate Governance after the Financial Crisis asks two questions about these changes. First, are they a good idea that will improve corporate governance? Second, what do they tell us about the relative merits of the federal government and the states as sources of corporate governance regulation? Traditionally, corporate law was the province of the states. Today, however, the federal government is increasingly engaged in corporate governance regulation. The changes examined in this work provide a series of case studies in which to explore the question of whether federalization will lead to better outcomes. The author analyzes these changes in the context of corporate governance, executive compensation, corporate fraud and disclosure, shareholder activism, corporate democracy, and declining US capital market competitiveness.

More books from Oxford University Press

Cover of the book The Paradox of Generosity by Stephen M. Bainbridge
Cover of the book Lin Shu, Inc. by Stephen M. Bainbridge
Cover of the book The First Passage by Stephen M. Bainbridge
Cover of the book World Economic Primacy: 1500-1990 by Stephen M. Bainbridge
Cover of the book Beyond Auschwitz by Stephen M. Bainbridge
Cover of the book The Status Quo Crisis by Stephen M. Bainbridge
Cover of the book Jews and Muslims in South Asia by Stephen M. Bainbridge
Cover of the book Sui-Tang China and Its Turko-Mongol Neighbors by Stephen M. Bainbridge
Cover of the book Lawyers' Poker by Stephen M. Bainbridge
Cover of the book The Iowa State Constitution by Stephen M. Bainbridge
Cover of the book The Art of Mystical Narrative by Stephen M. Bainbridge
Cover of the book The Orchestra: A Very Short Introduction by Stephen M. Bainbridge
Cover of the book Spanish Literature: Oxford Bibliographies Online Research Guide by Stephen M. Bainbridge
Cover of the book Out of Eden by Stephen M. Bainbridge
Cover of the book Dancing with the Devil by Stephen M. Bainbridge
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy