Infectious Greed: Restoring Confidence in Americas Companies
Infectious Greed: Restoring Confidence in Americas Companies
ISBN: 0131406442
EAN: 2147483647
EAN: 2147483647
Year: 2003
Pages: 118
Pages: 118
Authors: John R. Nofsinger, Kenneth A. Kim
- Main Page
- Table of content
- Copyright
- Praise for Infectious Greed
- FINANCIAL TIMES Prentice Hall
- Financial Times Prentice Hall Books
- Preface
- Acknowledgments
- Chapter 1. The Importance of Investor Confidence
- Asleep at the Wheel
- Investor Attitude
- Investor Confidence and the Stock Market
- Long-Term Economic Effects
- Our Approach
- Endnotes
- Chapter 2. The Structure of Corporations
- Business Forms
- People in Business
- Separation of Ownership and Control
- Can Investors Influence Managers?
- Are Investors Helpless?
- A System of Problems
- International Monitoring
- Summary
- Endnotes
- Part 1: The Failure of Executives
- Chapter 3. Executive Compensation and Incentives
- Types of Executive Compensation
- CEO Pay Around the World
- Hidden Compensation
- Summary
- Endnotes
- Chapter 4. Executive Behavior
- Options and Fraud
- Timing of Sales
- Company LoansA Potential Abuse
- Grand Theft
- Why Do Some Executives Misbehave?
- Summary
- Endnotes
- Part 2: The Failure of Monitoring Systems
- Chapter 5. Accountants and Auditors
- Accounting Functions
- Auditing
- The Changing Role of Accounting
- From Management to Fraud
- Fraud, Plain and Simple
- Consultants
- When the Auditor is also a Consultant
- Fear of All Sums
- An International Perspective
- Summary
- Endnotes
- Chapter 6. The Board of Directors
- Current Board Regulations
- More Attention on Directors
- Who Are Directors?
- The Board s Functions
- Problems with Boards
- Is Enron s Board Partially to Blame?
- Summary
- Endnotes
- Chapter 7. Investment Banks
- Some Historical Perspective
- Investment Banking Activities
- IPO Problems
- IPOs and Fraud
- Structured Deals
- Summary
- Endnotes
- Chapter 8. Analysts
- The Traditional Role of the Analyst
- Can Analysts Predict?
- Analyst Compensation
- Potential Conflicts of Interest
- Summary
- Endnotes
- Chapter 9. More Failed Monitors: Credit Rating Agencies and Lawyers
- Credit Rating Agencies
- Attorneys
- Endnotes
- Part 3: Shortcomings in Enforcement and Investor Activism
- Chapter 10. The Securities and Exchange Commission
- The Securities Acts
- Organizational Structure of the SEC
- Assessment of the Acts and the SEC
- SEC Problem Areas
- Arthur Levitt s I Told You So
- The Man in the Middle: Harvey Pitt
- Summary
- Endnotes
- Chapter 11. Investor Activism
- What Is Shareholder Activism?
- Does Institutional Shareholder Activism Pay Off?
- Potential Roadblocks to Effective Shareholder Activism
- The Future Role of Shareholder Activists
- Summary
- Endnotes
- Part 4: Restoring Confidence
- Chapter 12. New Rules, Regulations, and Policies
- A Review of the Corporate Problems
- Sarbanes-Oxley Act of 2002
- Other Proposals for Change
- More Change
- Endnotes
- Chapter 13. Create Good Incentives for Long-Term Solutions
- The Power of Incentives
- Our Recommendations
- Summary
- Endnotes
- Chapter 14. Regaining Investor Confidence
- Protecting Investors (Not)
- Investor Confidence
- Failing to Regain Confidence
- Regaining the Confidence
- Summary
- Endnotes
Infectious Greed: Restoring Confidence in Americas Companies
ISBN: 0131406442
EAN: 2147483647
EAN: 2147483647
Year: 2003
Pages: 118
Pages: 118
Authors: John R. Nofsinger, Kenneth A. Kim