The Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street (Applied Corporate Finance)
Language: English
Published by FT Press, 2013
- Hardcover
- Used
Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)
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Condition: Used - Good
US$ 6.09
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- Title
- The Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street (Applied Corporate Finance)
- Author
- Macey, Jonathan
- Publisher
- FT Press
- Publication year
- 2013
- Condition
- Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0133039706
- ISBN 13
- 9780133039702
- Series
- Book 2 of 3: Applied Corporate Finance
This book describes the transformation in American financefrom the old reputational model to the existing laissez faire model and argues that the change came as a result ofthree factors: (1) the growth of reliance on regulation rather than reputation as the primary mechanism for protecting customers and (2) the increasing complexity of regulation, which made technical expertise rather than reputation the primary criterion on which customers choose who to do business with in todays markets; and (3) the rise of the cult of personality on Wall Street, which has led to a secular demise in the relevance of companies reputations and the concomitant rise of individual rain-makers reputation as the basis for premium pricing of financial services.This compelling book will drive the debate about the financial crisis and financial regulation for years to come-- both inside and outside the industry.
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World of Books (was SecondSale)
Montgomery, IL, U.S.A.
AbeBooks seller since December 20, 2007
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