Kenneth A Kim
John R. Nofsinger

Publisher: Pearson Higher Education
Copyright: 2007
Format: Paper; 192 pp

ISBN-10:	0136038719
ISBN-13:	9780136038719

Our Price: £20.99
Status: Instock
Published: 19 Dec 2007

The first of its kind, Nofsinger provides an overview of our corporate governance system in a flexible, modular format.

Today, the term “corporate governance” is familiar to almost everyone.  Unfortunately, its familiarity in our society comes about because of revelations of one shocking corporate scandal after another:  executives caught pilfering from their firms; accountants helping companies doctor their financial numbers; analysts irresponsibly hyping internet stocks.  Nofsingeris organized into chapters that discuss each corporate governance mechanism. Every chapter is organized in the same way, and each chapter is self-contained. Each chapter begins with a detailed overview of the monitor or monitoring mechanism, and then highlights potential problems.

Preface

1.         Corporations and Corporate Governance

2.         Executive Incentives

3.         Accountants and Auditors

4.         The Board of Directors

5.         Investment Banks and Financial Analysts

6.         Creditors and Credit Rating Agencies

7.         Shareholders and Shareholder Activism

8.         Corporate Takeovers: A Governance Mechanism?

9.         The Securities and Exchange Commission

10.        New Governance Rules

11.        Corporate Citizenship

The first of its kind, Nofsinger provides an overview of our corporate governance system in a flexible, modular format.

Today, the term “corporate governance” is familiar to almost everyone.  Unfortunately, its familiarity in our society comes about because of revelations of one shocking corporate scandal after another:  executives caught pilfering from their firms; accountants helping companies doctor their financial numbers; analysts irresponsibly hyping internet stocks.  Nofsingeris organized into chapters that discuss each corporate governance mechanism. Every chapter is organized in the same way, and each chapter is self-contained. Each chapter begins with a detailed overview of the monitor or monitoring mechanism, and then highlights potential problems.

Do you wish you had a book for Corporate Governance that you could use to supplement your course?

·         Flexibility: After the first chapter, Nofsinger is organized into chapters that discuss each corporate governance mechanism. Show the TOC for range of topics.

How would you organize a Corporate Governance course?

• Consistently organized and self-contained chapters.  Nofsinger showcases the eight basic ways corporations can be effectively monitored. Each chapter starts with a detailed overview of the monitoring group and then highlights potential problems.  Show the TOC.

Would you like to incorporate in class discussions into your corporate governance course?

·         End of Chapter Material: At the end of each chapter, Nofsinger provides Review Questions that are based on the chapter reading, and Discussion Questions that can facility class discussions.  It also offers Exercises that students can do to further their understanding of the chapter material. 

Do you have non-U.S. students in your course?

·         International Emphasis: Every chapter provides an international perspective, andat the end of each chapterNofsinger provides exercises for non-U.S. Students to help them dig into corporate governance in their own country.

What topics would you like to see covered in a corporate governance text?

NEW CHAPTERS:

• Chapter 8 - Corporate Takeovers:  Discusses how poorly performing companies are taken over by other companies. 
• Chapter 10 - New Governance Rules: Provides a summary and discussion of the new corporate governance regulations.
• Chapter 11 - Corporate Citizenship:  Focuses on the modern evolution of the stakeholder view of the firm, called corporate social responsibility or, corporate citizenship.  

How do you cover or would you like to cover Investment Banks and Financial Analysts?

• The "Investment Banks" and the "Financial Analysts" chapters are now comined into one chapter, which includes a discussion on the result of SEC investigations into analyst bias and investment bank incentives (Chapter 5 - Investment Banks and Securities Analysts).

Do you cover the “creditor” as a monitor of corporate governance?

• Now includes a discussion on the creditor as a monitor - how banks monitor the firms that they lend to (Chapter 6 - Creditors and Credit Rating Agencies)