International accounting standards tend to converge, as do auditing, enforcement, and corporate governance, whereas trading of equity shares remains essentially national. The book provides a thorough analysis of what information investors really need, how financial accounting systems developed...

This book recommends the creation of a new, alternative legal structure for collective investment, the "managed investment trust."

Today's knowledge-based economy requires an entirely new system of assessing the value of companies--a system tapping the vast communication capabilities of the Internet.

The authors of this primer believe that the current approach to federal regulation urgently needs repair.

Although regulations resulting from legislative mandates often have no direct fiscal impact, they pose real costs to consumers as well as businesses.