Summaries of books by John C. Coffee:
Corporate Crime and Punishment
The Crisis of Underenforcement
John C. Coffee
The book critically examines the failure of the American legal system to effectively prosecute white-collar crimes, arguing that corporate executives often escape accountability due to systemic issues in enforcement and legal loopholes. It proposes reforms to strengthen the deterrence of corporate misconduct and ensure justice is served for financial crimes.
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Gatekeepers
The Role of the Professions and Corporate Governance
John C. Coffee
The book examines the critical role that professional gatekeepers—such as auditors, attorneys, and investment bankers—play in corporate governance, particularly in how they can prevent or facilitate corporate fraud and misconduct. It analyzes the incentives and conflicts of interest that influence these professionals and proposes reforms to improve their effectiveness in protecting the market from financial misdeeds.
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