Corporate Governance and Ethics

Contents

Part One Private Enterprise and Public Trust

Chapter 1. The Free Market System and Business

Introduction

Primary Objectives

The Free Enterprise System and Capital Markets

Public Trust and Investor Confidence

The Role and Responsibility of Business in Society

The First Tier: Investors

The Second Tier: Creditors

The Third Tier: Others

The Role of Financial Information in the Capital Markets

Introduction to Corporate Governance

Corporate Culture and Integrity

Corporate Accountability

Introduction to Business Ethics

Classroom Implications of this Book

Summary

Key Terms

Review Questions

Discussion Questions

Notes

Chapter 2. Corporate Governance

Introduction

Primary Objectives

Definition of Corporate Governance

Aspects of Corporate Governance

Shareholder Aspect

Stakeholder Aspect

Integrated Aspect

Corporate Governance Structure

Corporate Governance Principles

Corporate Governance Functions

Corporate Governance Mechanisms

Sources of Corporate Governance

Corporate Laws

The Federal Securities Laws

Listing Standards

Best Practices

Corporate Governance Reforms

Sarbanes-Oxley Act of 2002

Corporate Governance Rating

Corporate Governance Reporting

Global Convergence in Corporate Governance

Differences between U.S. and European Models of Corporate Governance

Summary

Key Terms

Review Questions

Discussion Questions

Notes

Chapter 3. Introduction to Business Ethics

Introduction

Primary Objectives

Ethical Theories

Ethics in the Workplace

Business Ethics

Corporate Culture

Incentives

Opportunity ...