000706144 000__ 03866cam\a2200445\i\4500 000706144 001__ 706144 000706144 005__ 20210515095728.0 000706144 006__ m\\\\\o\\d\\\\\\\\ 000706144 007__ cr\cn\nnnunnun 000706144 008__ 140801t20132013nyua\\\\ob\\\\001\0\eng\d 000706144 020__ $$z9781137330260 000706144 020__ $$a9781137330277$$qelectronic book 000706144 035__ $$a(OCoLC)ocn882250172 000706144 035__ $$a(CaPaEBR)ebr10868931 000706144 035__ $$a706144 000706144 040__ $$aCaPaEBR$$beng$$erda$$epn$$cCaPaEBR 000706144 043__ $$an-us--- 000706144 05014 $$aHD2741$$b.M86 2013eb 000706144 08204 $$a338.60973$$223 000706144 1001_ $$aMunk, Bernard E.,$$d1938-$$eauthor. 000706144 24510 $$aDisorganized crimes$$h[electronic resource] :$$bwhy corporate governance and government intervention failed, and what we can do about it /$$cBernard E. Munk. 000706144 264_1 $$aNew York, New York :$$bPalgrave Macmillan,$$c2013. 000706144 264_4 $$c©2013 000706144 300__ $$a1 online resource (330 pages) :$$billustrations, graphs 000706144 336__ $$atext$$2rdacontent 000706144 337__ $$acomputer$$2rdamedia 000706144 338__ $$aonline resource$$2rdacarrier 000706144 504__ $$aIncludes bibliographical references (pages 290-300) and indexes. 000706144 5050_ $$a1. Who's the Fish? -- 2. Behind Every Great Fortune is a Great Crime -- 3. Seeing One's Friends Getting Rich is Upsetting -- 4. Round Up the Usual Suspects -- 5. Carrots for Good Governance -- 6. The Conflicts of Managerial Capitalism -- 7. Call Them Disorganized Crimes -- 8. Connecting the Dots -- 9. The Corporate Governance Dilemma -- 10. Micro Risks and Macro Disturbances -- 11. Crime and Punishment -- 12. Foolish Bankers and Burdened Taxpayers -- 13. No Place to Hide -- 14. Remediation -- 15. Financial Alchemy. 000706144 506__ $$aAccess limited to authorized users. 000706144 520__ $$a"Disorganized crimes - outbreaks of corporate misgovernance which grow out of the inherent conflict of interest between managers and shareholders are no new thing. Economists since Adam Smith have been aware of the dilemma of having professional managers in charge of 'other people's money'. However, neither current corporate governance practices nor government regulation have prevented major financial fiascos arising out of this conflict. In the last episode (the Credit Crisis of 2007-2009), disorganized crimes nearly collapsed the global financial economy. This book explains how and why these disruptions occur and how we can modify current governance practices and government regulation to reduce the losses to shareholders and avoid serious macroeconomic disturbances such as the Great Recession. Linking two major outbreaks of the past decade (the Enron Era and the Credit Crisis of 2007-8) the book shows what is common to each. It explains how and why industry monitors such as boards, auditors and ratings agencies break down, and how management incentives, corporate compensation and promotion systems leave Directors free of liability, but companies exposed. Disorganized crimes are disruptive and costly. This book lays out a path for avoiding financial fiascos or at the least significantly reducing their impact - a path that focuses on creating measures that make markets work in tandem with regulations, rather than adversely as is presently the case. "--$$cProvided by publisher. 000706144 588__ $$aDescription based on print version record. 000706144 650_0 $$aCorporate governance$$zUnited States. 000706144 650_0 $$aCorporations$$xCorrupt practices$$zUnited States. 000706144 650_0 $$aCorporate culture$$zUnited States$$vCase studies. 000706144 650_0 $$aFinancial crises$$zUnited States. 000706144 77608 $$iPrint version:$$aMunk, Bernard E., 1938-$$tDisorganized crimes.$$dNew York, New York : Palgrave Macmillan, c2013$$z9781137330260$$w(DLC) 2013032256$$w(OCoLC)841892728 000706144 8520_ $$bacq 000706144 85280 $$bebk$$hEbrary 000706144 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=1390814$$zOnline Access 000706144 909CO $$ooai:library.usi.edu:706144$$pGLOBAL_SET 000706144 980__ $$aEBOOK 000706144 980__ $$aBIB 000706144 982__ $$aEbook 000706144 983__ $$aOnline