We examine the political dynamics which led to the codification of the Principles and Standards for sound compensation practices at financial institutions at international (G 20) level and to their subsequent implementation on both sides of the Atlantic. We show that the regulation of bankers'...

This article represents one of the pioneering efforts in the Chinese literature to systematically examine the role of gatekeepers in corporate governance. It seeks to explain how gatekeepers may function and malfunction, in light of the Enron scandal and the financial crisis of 2008, and draw...

"In the depths of the Great Recession, a cancer nurse, a car dealership worker, and an insurance fraud specialist helped uncover the largest consumer crime in American history-a scandal that implicated dozens of major executives on Wall Street. They called it foreclosure fraud: millions of...

We see it everywhere: shady deals between politicians, regulators, and powerful private interests. Increasingly this is how our economy is run. If we are going to do anything about our present economic problems, and give the poor a chance, we need to eliminate crony capitalism. Although full of...