Corporate Governance: A Financial Perspective*--------jaico

Written in a practical and succinct style, Corporate Governance: A Financial Perspective is indispensable for board members and the corporate executives who work with them and of compelling interest to large and small investors who have lost faith in the system of corporate governance.

Demands on the boards of directors of public companies throughout the nation are more acute than ever, and scrutiny is at new highs. There is a critical need for new insights and fresh approaches as the corporate world addresses a real crisis in governance. Effective solutions are unlikely to come from increased government regulation, which is all too easily honored to the letter of the law while being effectively sidestepped in spirit. For example, companies like Enron, WorldCom, and Tyco, at the time of their catastrophic falls, would have received good grades for compliance with myriad guidelines subsequently passed to prevent similar debacles