CORPORATE GOVERNANCE

The first of its kind, Nofsinger provides an overview of our corporate governance system in a flexible, modular format. Today, the term corporate governance is familiar to almost everyone. Unfortunately, its familiarity in our society comes about because of revelations of one shocking corporate scandal after another: executives caught pilfering from their firms accountants helping companies doctor their financial numbers analysts irresponsibly hyping internet stocks. Nofsingeris organized into chapters that discuss each corporate governance mechanism. Every chapter is organized in the same way, and each chapter is self-contained. Each chapter begins with a detailed overview of the monitor or monitoring mechanism, and then highlights potential problems.