The Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street (Applied Corporate Finance)

“The Death of Corporate Reputation is a brilliant, provocative, and persuasive exploration of a root cause of the failure of modern financial market regulation, engendered by lawmakers, regulators and prosecutors, and their legal and accounting acolytes. Systemic change in corporate behavior cannot be engineered solely by externally imposed fiat; it must come from within. In this seminal work, Professor Macey demonstrates, with unerring accuracy, unassailable logic, and wit, that modern financial regulation effectively nullifies and destroys the most potent antidote to corporate malfeasance—the innate drive to create, maintain, and enhance positive organizational reputations. A must-read for anyone concerned about the health and well-being of our capital and financial markets.”
—Harvey Pitt, CEO of global business consultancy Kalorama Partners, formerly 26th Chairman of the U.S. Securities and Exchange Commission (2001–2003)