Corporate Governance
Promises Kept, Promises Broken
Jonathan R. Macey
To read the entire book description or the introduction, please visit: http://press.princeton.edu/titles/8739.htmlwhere you will also find a 
podcast interview with the author.
Even in the wake of the biggest financial crash of the postwar era, the United States continues to rely on Securities and Exchange Commission oversight and the Sarbanes-Oxley Act, which set tougher rules for boards, management, and public accounting firms to protect the interests of shareholders. Such reliance is badly misplaced. In Corporate Governance, Jonathan Macey argues that less government regulation–not more–is what's needed to ensure that managers of public companies keep their promises to investors.
"Macey is a scholar who has mastered the latest and best scholarship in law, economics, finance, sociology, public choice theory, management and organization science, accounting and history. He prescribes a rational policy toward large corporations in a very readable and insightful work."–Henry G. Manne, Forbes.com
Paper | $24.95 / £16.95 | ISBN: 978-0-691-14802-1
Cloth | $35.00 / £24.95 | ISBN: 978-0-691-12999-0
e-Book | $24.95 | ISBN: 978-1-4008-2978-1