Wall Street on Trial by Justin O'brien

Wall Street on Trial by Justin O'brien

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Summary

The politics of business have become the business of politics. Across the world the lesson is clear: just as too much governmental interference leads to dysfunctional economies, left to its own devices the market is incapable of adequate self regulation. This work deals with this topic.

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Wall Street on Trial by Justin O'brien

The politics of business have become the business of politics. Across the world the lesson is clear: just as too much governmental interference leads to dysfunctional economies, left to its own devices the market is incapable of adequate self-regulation. The corporate malfeasance crisis in the United States has transformed global perceptions about the efficacy of regulatory structures in combating corrupt practices in private and public sectors. The design of effective corporate governance structures depends not just on internal factors but also on the inter-relationship between various actors that constitute wider governance: politicians, lobbyists, corporations and regulators. A Corrupted State: Wall Street on Trial breaks new ground by deconstructing the systemic flaws inherent in the model itself. It reveals that the 'rotten apple' theory, positing the problems in corporate America as merely the result of deviancy by an individual or a single firm, is an intellectual deceit not supported by the facts.
"…there is much useful information in this book, it is probably of greater interest to the specialist academic…" (Professional Investor, October 2003)
Dr Justin O'Brien is Senior Fellow at the Institute of Governance, Public Policy and Social Research, Queen's University, Belfast. A specialist in corporate governance and political corruption, he is the author of The Modern Prince, the acclaimed biography of Charles Haughey. Before transferring to academia, Dr O'Brien was an investigative current affairs journalist with the BBC, RTE and UTV, where his last position was Editor, Current Affairs. Married with two children, he lives in Belfast.
SKU Unavailable
ISBN 13 9780470865743
ISBN 10 0470865741
Title Wall Street on Trial
Author Justin O'brien
Condition Unavailable
Binding Type Hardback
Publisher John Wiley & Sons Inc
Year published 2003-05-20
Number of pages 320
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.