A conversation about “Corporate Governance: Promises Kept, Promises Broken”

October 27, 2008
Jonathan Macey ’82, Deputy Dean and Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law
Professor Macey discusses his new book, “Corporate Governance” in which he examines different mechanisms of corporate governance and ultimately argues that market-driven mechanisms of corporate governance (ie., trading and takeovers) are more effective solutions than non-market devices such as boards of directors, shareholder voting, credit-rating agencies, and whistle-blowers.