Corporate Governance Failures : The Role of Institutional Investors in the Global Financial Crisis

Biographical note: James P. Hawley, Shyam J. Kamath, and Andrew T. Williams are professors of economics and business at Saint Mary's College of California. Hawley is Director of the Elfenworks Center for the Study of Fiduciary Capitalism. Kamath is Associate Dean and Director of Global, Executive Development, and Research Programs and author of The Political Economy of Suppressed Markets. Hawley and Williams are coauthors of The Rise of Fiduciary Capitalism: How Institutional Investors Can Make Corporate America More Democratic, also available from the University of Pennsylvania Press.