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4 Feb 2009, 8:43 am
Macey and Geoffrey P. [read post]
2 Feb 2009, 11:00 am
  Boards, as Jon Macey at Yale has written, are susceptible to capture by top officers. [read post]
9 Dec 2008, 1:15 pm
We agree with Macey's analysis in Chapter 4 that boards are captured by management. [read post]
8 Dec 2008, 12:15 pm
We are talking about a recent book written by Jon Macey at Yale titled Corporate Governance, Promises Kept, Promises Broken. [read post]
5 Dec 2008, 9:57 pm
Macey (Yale); Maureen O'Hara (Cornell - School of Management) and Gabriel D. [read post]
5 Dec 2008, 1:15 pm
Macey forcefully shows that boards of directors are "captured" by management. [read post]
4 Dec 2008, 5:15 pm
  On this point, Macey and The Race to the Bottom diverge. [read post]
4 Dec 2008, 1:15 pm
  At a minimum, the two positions (chairman and CEO) must be separated (a position Macey takes in his book). [read post]
3 Dec 2008, 5:00 pm
We are taking a short break from the discussion of the book by Jon Macey on corporate governance to discuss the recent proposals submitted by the automobile companies in connection with their renewed request for federal funds. [read post]
3 Dec 2008, 1:15 pm
  As we have noted, Macey views corporations as a nexus of contracts. [read post]
2 Dec 2008, 6:00 pm
Macey defines corporate governance in terms of promises. [read post]
2 Dec 2008, 5:00 pm
Jon Macey, Deputy Dean and Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale, has recently published a book titled Corporate Governance, Promises Kept, Promises Broken. [read post]
26 Nov 2008, 1:15 pm
  Of course, this is a mirror image board, one that Jon Macey at Yale would likely argue was captured by the CEO. [read post]
21 Nov 2008, 1:15 pm
  In other words, this is a board that would fit Jon Macey's definition of "capture. [read post]
23 Oct 2008, 4:34 am
"Macey's book is must reading for any serious student of corporate governance. [read post]
21 Oct 2008, 2:23 pm
New book, entitled Corporate Governance: Promises Kept, Promises Broken, from a leading scholar of the subject (via Prawfsblawg): In the wake of the Enron meltdown and other corporate scandals, the United States has increasingly relied on Securities and Exchange Commission... [read post]