Comments on: Book Review: The Economics of Innocent Fraud

By: Mike

Mike — Fri, 25 Dec 2009 20:58:52 +0000

That's very interesting. It seems that it is most likely due to the stockholders failure to excercise their power or even take an adequate interest in corporate affairs.

By: Thom

Thom — Sun, 26 Jul 2009 02:08:58 +0000

One can hardly advocate socially or environmentally responsible policy by the buying and selling of shares. This means that any dissenting shareholder can only express his/her dissent by ceasing to be a shareholder and thereby losing any voice within the corporation

By: dharmic business and sociedad

dharmic business and sociedad — Wed, 06 Jul 2005 23:52:44 +0000

2 a week

Inspired by Brad Feld’s Book a Day diet, I have decided to start my own: 2 a Week starting today.This weeks books are : Mystery of Capital and Passion for success. Link: Feld Thoughts: Book Review: The Economics of Innocent

By: dharmic business and sociedad

dharmic business and sociedad — Wed, 06 Jul 2005 23:13:22 +0000

Feld Thoughts: Book Review: The Economics of Innocent Fraud

By: Pete F.

Pete F. — Sat, 02 Jul 2005 04:30:45 +0000

Question: are the (lack of) results of annual meetings the standard to use when deciding if management is accountable to the stockholders? Galbraith seems to think so. I do not. Shareholders vote with their shares, i.e. buying or selling. It would be naive to expect the annual meeting to be a venue where the management of a billion dollar corporation would solicit and then mull over the opinions of thousands of individual stockholders. Based on the short excerpt, Galbraith seems to expect exactly that. About what I would expect from the economist who predicted that large corporations would come to dominate and dictate the American economy, at the expense of small companies. As a VC, Brad knows better than most how wrong Galbraith was.

By: Chris Keating

Chris Keating — Sat, 02 Jul 2005 00:26:32 +0000

At the end of the summer, I would love to hear the top 20 list of books that you loved the most and why. Im sure it is on the agenda but thought I would say I think it is an admirable goal!

By: fx

fx — Fri, 01 Jul 2005 18:05:31 +0000

If you are interested in other takes on the gap between conventional wisdom and reality, you might also enjoy “Freakonomics : A Rogue Economist Explores the Hidden Side of Everything”.