EPISODE · May 22, 2013 · 1H 27M
The Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street
from Cato Event Podcast
Trust and reputation are central to the operation of capital markets. But in our generation, reputational mechanisms are failing; and when they fail, markets and societies are also at risk of failure. The usual response has been to call for more aggressive regulation, yet this only worsens the problem, as Jonathan Macey shows in his new book. There, he demonstrates how and why poorly considered regulation has undermined traditional trust mechanisms throughout financial institutions, credit rating agencies, and accounting and law firms. Please join us for a discussion of these issues, including a better path to restoring trust and integrity. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Trust and reputation are central to the operation of capital markets. But in our generation, reputational mechanisms are failing; and when they fail, markets and societies are also at risk of failure. The usual response has been to call for more aggressive regulation, yet this only worsens the problem, as Jonathan Macey shows in his new book. There, he demonstrates how and why poorly considered regulation has undermined traditional trust mechanisms throughout financial institutions, credit rating agencies, and accounting and law firms. Please join us for a discussion of these issues, including a better path to restoring trust and integrity. Hosted on Acast. See acast.com/privacy for more information.
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The Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street
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