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A worthy read. If you're fascinated with growth strategies, you'll find few books more valuable. There is much to learn from Mr. Cunningham's stories about the companies that Berkshire Hathaway owns. Important, insightful, and clearly written... a major contribution to the management literature,...
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Theory can have profound effects on practice, some intended and desirable, others unintended and undesirable. That's the story of the influence the field of law and economics has had on the domain of law and accounting. That influence comes primarily from agency theory and modern finance theory,...
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Unprecedented interest in financial regulation reform accompanies the nearly-unprecedented scale of financial calamity facing the world. Dozens of elaborate reform proposals are in circulation, most determined to revolutionize financial regulation. No doubt, the crisis makes reevaluation...
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When evaluating how to proceed against a corporate investigative target, law enforcement authorities often ignore the target's governance arrangements, while subsequently negotiating or imposing governance requirements, especially in deferred prosecution agreements. Ignoring governance...
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Could a preemptive federal incorporation law today assume the enabling character of traditional state corporation law, instead of the mandatory flavor typical of much federal securities regulation? Does global competition mean that the US should both preempt state corporation law and adopt a...
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Public companies are besieged with requests to add women to their boards. Corporate directors are trained to listen carefully and advised to evaluate evidence. Most would welcome reasonable requests to advance gender diversity to their boards. Many, however, are frustrated by the sheer volume...
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