Modern capitalism and political freedom rest on concepts of conscience and morality, and abhor concentrations of unbridled power. America's economic and political system has developed mechanisms designed to check and balance such power. Despite these mechanisms, there are chief executives who abuse their power in a fraudulent and self-serving pursuit of wealth and authority. How did this happen? How did the system respond? What can be done to prevent it in the future? Corruption in Corporate America seeks to answer these questions.

Corruption in Corporate America: Who is Responsible? Who Will Protect the Public Interest?

Business & Money

Gitlow, Abraham

Business Culture

University Press of America

Modern capitalism and political freedom rest on concepts of conscience and morality, and abhor concentrations of unbridled power. In America, that economic and political system developed mechanisms designed to check and balance such power. Despite those mechanisms, corporate America developed too many imperial chief executives who abused their power by engaging in a fraudulent and self-serving pursuit of wealth and perquisites. This edition deals with how this happened, how the system responded, and actions that could minimize the danger of its recurrence. The text analyzes those who either support or keep quiet for miscreant chief executives, and how these participants became involved in corporate fraud. The investigation is completed by a look at the results of the Sarbanes-Oxley Act of 2002, the law enacted as the corrective response to corporate corruption, and the increasingly intense pressure to ease the expense and other burdens associated with its vigorous enforcement. Hopefully, the insights gained by the analysis will contribute to a revived confidence in the integrity of corporate accounts, and thereby sustain the vitality of America's capital markets, which are essential to our future economic well-being.

Research and teaching constitute the core purposes of America's research universities. The intellectual integrity of students' and scholars' work rests upon an ethical foundation, requiring a dedication to reasoned and civil dialogue, open minds, and reliance on evidence as the basis for conclusions. America's Research Universities discusses pressures and enticements that can undermine and weaken the intellectual integrity and the health of the universities themselves. Significant challenges include effective institutional governance in a context of diffuse power centers; financial solvency; security; housing; risk management; and outsourcing other support and serviced functions. This book is intended to increase understanding while helping our treasured universities surmount the challenges ahead.

America's Research Universities: The Challenges Ahead

Education & Teaching

Higher & Continuing Education

Based on the authors’ experiences in academe over seventy-five years, The Higher Education Scene in America: Some Observations discusses a number of issues that confront America’s higher education scene today. Those issue embrace such problems as: (1) the missions(s) of our colleges and universities and the development of critical thinking and/or employability; (2) the role of for-profit academic institutions; (3) the impact of online technology; (4) diffusion of power and achievement of consensus between administrators and faculty; (5) the importance of financial matters, embracing budgets, fundraising, and endowments; (6) the insidious problem of conflicts of interest; (7) the scandalous impact of big-time, big-money Division 1 sports on academe; (8) the growth of non-academic functions; and (9) the importance of leadership in consensual institutions and how leaders are chosen.

The Higher Education Scene in America: Some Observations

Gitlow,Howard

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Books by Gitlow, Abraham

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Corruption in Corporate America: Who is Responsible? Who Will Protect the Public Interest?

Corruption in Corporate America: Who is Responsible? Who Will Protect the Public Interest?

America's Research Universities: The Challenges Ahead

The Higher Education Scene in America: Some Observations