The Case for the Corporate Death Penalty

Author: Mary Kreiner Ramirez
Publisher: NYU Press
ISBN: 1479873160
Format: PDF, Mobi
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An unprecedented breakdown in the rule of law occurred in the United States after the 2008 financial collapse. Bank of America, JPMorgan, Citigroup, Goldman Sachs, and other large banks settled securities fraud claims with the Securities and Exchange Commission for failing to disclose the risks of subprime mortgages they sold to the investing public. But a corporation cannot commit fraud except through human beings working at and managing the firm. Rather than breaking up these powerful megabanks, essentially imposing a corporate death penalty, the government simply accepted fines that essentially punished innocent shareholders instead of senior leaders at the megabanks. It allowed the real wrongdoers to walk away from criminal responsibility. In The Case for the Corporate Death Penalty, Mary Kreiner Ramirez and Steven A. Ramirez examine the best available evidence about the wrongdoing underlying the financial crisis. They reveal that the government failed to use its most powerful law enforcement tools despite overwhelming proof of wide-ranging and large-scale fraud on Wall Street before, during, and after the crisis. The pattern of criminal indulgences exposes the onset of a new degree of crony capitalism in which the most economically and political powerful can commit financial crimes of vast scale with criminal and regulatory immunity. A new economic royalty has seized the commanding heights of our economy through their control of trillions in corporate and individual wealth and their ability to dispense patronage. The Case for the Corporate Death Penalty shows that this new lawlessness poses a profound threat that urgently demands political action and proposes attainable measures to restore the rule of law in the financial sector.

Edwin H Sutherland

Author: David O. Friedrichs
Publisher: Routledge
ISBN: 1315406845
Format: PDF, ePub, Docs
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Edwin H. Sutherland is widely identified as the single most important and influential criminologist of the twentieth century. He is especially well-known for his path-breaking criminology textbook (first published in 1924), his promotion of a sociological (and scientific) approach to the understanding of crime and its control, his theory of differential association, and his work over his final ten years on white-collar crime, a term he is credited with having introduced. This book explores the contemporary meaning of Edwin Sutherland and considers why criminologists today should continue to engage with his work. What can and should Sutherland mean to future 21st century criminologists, those working in the field say between 2021 and 2050, or some one hundred years after the 1921 to 1950 period that encompassed Sutherland’s criminological career? Which dimensions of Sutherland’s work have best survived the march of time and which are most likely to – and deserve to – survive going forward? Making the case that Sutherland is important to both mainstream and critical criminologists, to positivistic criminologists and those who study crimes of the powerful, this book is essential reading for both students and scholars interested in exploring the enduring legacy of this key thinker in criminology.

Lawless Capitalism

Author: Steven A. Ramirez
Publisher: NYU Press
ISBN: 1479845329
Format: PDF, ePub, Mobi
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In this innovative and exhaustive study, Steven A. Ramirez posits that the subprime mortgage crisis, as well as the global macroeconomic catastrophe it spawned, is traceable to a gross failure of law. The rule of law must appropriately channel and constrain the exercise of economic and political power. Used effectively, it ensures that economic opportunity isn’t limited to a small group of elites that enjoy growth at the expense of many, particularly those in vulnerable economic situations. In Lawless Capitalism, Ramirez calls for the rule of law to displace crony capitalism. Only through the rule of law, he argues, can capitalism be reconstructed.

Waging War

Author: David J. Barron
Publisher: Simon and Schuster
ISBN: 1451681976
Format: PDF, Docs
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“Vivid…Barron has given us a rich and detailed history.” —The New York Times Book Review “Ambitious...a deep history and a thoughtful inquiry into how the constitutional system of checks and balances has functioned when it comes to waging war and making peace.” —The Washington Post A timely account of a raging debate: The history of the ongoing struggle between the presidents and Congress over who has the power to declare and wage war. The Constitution states that it is Congress that declares war, but it is the presidents who have more often taken us to war and decided how to wage it. In Waging War, David J. Barron opens with an account of George Washington and the Continental Congress over Washington’s plan to burn New York City before the British invasion. Congress ordered him not to, and he obeyed. Barron takes us through all the wars that followed: 1812, the Mexican War, the Civil War, the Spanish-American war, World Wars One and Two, Korea, Vietnam, Iraq, and now, most spectacularly, the War on Terror. Congress has criticized George W. Bush for being too aggressive and Barack Obama for not being aggressive enough, but it avoids a vote on the matter. By recounting how our presidents have declared and waged wars, Barron shows that these executives have had to get their way without openly defying Congress. Waging War shows us our country’s revered and colorful presidents at their most trying times—Washington, Lincoln, Theodore Roosevelt, Franklin Roosevelt, Truman, Eisenhower, John F. Kennedy, Johnson, both Bushes, and Obama. Their wars have made heroes of some and victims of others, but most have proved adept at getting their way over reluctant or hostile Congresses. The next president will face this challenge immediately—and the Constitution and its fragile system of checks and balances will once again be at the forefront of the national debate.

Value Creation in Management Accounting and Strategic Management

Author: Satoshi Sugahara
Publisher: John Wiley & Sons
ISBN: 1119467047
Format: PDF, Mobi
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This book explores two combined approaches (strategy and accounting) from a cross-disciplinary perspective in order to improve knowledge of value creation in various contexts. Existing studies on this topic have generally adopted a purely account-based or strategy-oriented approach to address this issue. However, this book draws upon a number of well-defined theoretical and empirical backgrounds and methodologies. Since the 1980s, many changes have occurred and companies have increasingly focused their strategies on value creation. Consequently, new strategic directions have emerged, especially for managerial accounting. Management accounting and alignment with strategy could thus improve performance. This book encourages further thought and reflection on these issues which should be pursued in the future as firms face new challenges associated with the acceleration of digital transformation.

Corporate Justice

Author: Andre Douglas Pond Cummings
Publisher:
ISBN: 9781611633580
Format: PDF, Mobi
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"Corporate justice" refers to a shared responsibility, even a moral obligation, between corporate decision makers, shareholders, external organizational constituencies, and society to ensure that the corporate decision making process is fair, civil, responsible, and just. More than that, corporate justice requires that corporations do no harm in their pursuit of profits and that shareholders as well as society in general have an affirmative responsibility to facilitate this pursuit. Corporate justice expects that founders, stakeholders, and executives in a business will honor human potential and eschew profits when such derive from unfairness, inequality, danger, and damage. This book explores each of these themes in depth, providing an insight practically non-existent in corporate law textbooks and treatises available today.

Establishing Law and Order After Conflict

Author: Seth G. Jones
Publisher: Rand Corporation
ISBN: 0833040928
Format: PDF
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In a nation-building operation, outside states invest much of their resources in establishing and maintaining the host country's police, internal security forces, and justice system. This book examines post-Cold War reconstruction efforts, such as those in Iraq and Afghanistan, and assesses the success of U.S. and allied efforts in reconstructing internal security institutions.

The Death of Corporate Reputation

Author: Jonathan Macey
Publisher: FT Press
ISBN: 0133039714
Format: PDF
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Why did the financial scandals really happen? Why are they continuing to happen? In The Death of Corporate Reputation, Yale's Jonathan Macey reveals the real, non-intuitive reason, and offers a new path forward. For over a century law firms, investment banks, accounting firms, credit rating agencies and companies seeking regular access to U.S. capital markets made large investments in their reputations. They treated customers well and sometimes endured losses in transactions or business deals in order to sustain and nurture their reputations as faithful brokers and “gate-keepers.” This has changed completely . The existing business model among leading participants in today’s capital markets no longer treats customers as valued clients whose trust must be earned and nurtured, but as one-off “counter-parties” to whom no duties are owed and no loyalty is required . The rough and tumble norms of the market-place have replaced the long-standing reputational model in U.S. finance. This book describes the transformation in American finance from the old reputational model to the existing laissez faire model and argues that the change came as a result of three 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 today’s 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.

Shenandoah

Author: Anne Chaikowsky La Voie
Publisher: Arcadia Publishing
ISBN: 1467124281
Format: PDF
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From a distance, Shenandoah may look like any other small town, quaint and unassuming, and yet in one square mile, there are more treasures than the "black diamonds" of coal that run in her veins. Discovery of the Mammoth Vein of anthracite in the 1860s brought tens of thousands of immigrants to work the local mines; in turn, they brought their cultures and dreams of a better life in America. Within a generation, rapidly increasing population created the "Most Congested Square Mile in the United States." Later, a shift from coal mine to Main Street fashioned recognition for retail fineries, along with distinction as the "City of Churches." At the center of the Molly Maguire troubles of the 1870s and the 1902 coal strike that changed the power of the presidency, Shenandoah has long been recognized for defiance and determination. Mining disasters, financial adversity, and ruinous fires scarred memories of decades of prominence; however, Shenandoah's spirit has endured through the last 150 years.

The Indigo Book

Author: Christopher Jon Sprigman
Publisher: Lulu.com
ISBN: 1892628023
Format: PDF, Kindle
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This public domain book is an open and compatible implementation of the Uniform System of Citation.