Renewing markets for better governance

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Renewing markets for better governance

Krishna G. Palepu

(Faculty seminar series : Great ideas from business thought leaders)

Harvard Business School , Stanford Graduate School of Business, c2003

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System requirements: Intel Pentium III (or equivalent) 650 MHz or higher clock rate; 128MB RAM; Graphics display adapter with a display resolution of 1024 x 768 and a 16-bit color depth; Creative Labs Sound Blaster (or compatible) sound card with speakers or headphones; 16X CD-ROM drive; Microsoft Windows 98/NT/2000/XP; Microsoft Windows Media Player 6.4 through 9.0; Microsoft Internet Explorer 5.0 through 6.0; Adobe Acrobat Reader 5.0

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"Product number 4465C"

Summary: Conflicts of interest, biased research, the stock market bubble, CEO compensation, audit failures, public trust, penalties, and settlements. Recent headlines have rocked investor confidence and placed corporate governance squarely in the spotlight of the national agenda. How have capital market institutions had an impact on this situation? Have recent regulations gone far enough to set us on a path to reform? In this presentation, Professor Krishna Palepu explores the links between corporate governance and American capital markets and the need to reform our market institutions

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