Infectious Greed: Restoring Confidence in America’s Companies

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Our Price: $25.00

Year: 2003
Pages: 277
Binding Hardcover
ISBN 131406442

Product Code: 756795354

Description

John Nofsinger (au); Kenneth Kim (au). Financial scandals have led to a fundamental crisis in the Amer. corp. system: investors believe they have been betrayed by the managers, boards, accountants, & invest. advisors they once trusted. The fundamental challenge is to restore confidence, but finger-pointing & tougher laws simply won’t be enough. This book begins with an assessment of what really happened: how exec. compensation systems have led to unethical & greedy behavior, & why monitoring systems & regulators failed. Identifies powerful reforms that realign incentives to actively promote integrity & discourage malfeasance. Offers the first real prescription for restoring investor confidence in both the short- & long-term -- & for getting the U.S. economic system back on track. Illus.

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