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Macey is a scholar who has mastered the latest and best scholarship in law, economics, finance, sociology, public choice theory, management and organization science, accounting and history. He prescribes a rational policy toward large corporations in a very readable and insightful work. -- Henry G. Manne, Forbes.com Against a backdrop of the most pervasive corporate failures since the Great Depression, Macey's book is must-reading for those who want to understand how we got into this mess... It should be hoped that his well-documented criticisms of those corporate governance mechanisms that investors most heavily rely upon will be heeded. -- C. Evan Stewart, New York Law Journal A must read for governance scholars and policy makers. -- S. Grove, Choice Macey's discussion of a wide range of interrelated issues is marvelously clear and provocative. -- Christopher C. Faille, Federal Lawyer Given the governance failures in our post-Enron environment, now is a particularly good time to read this book... I wish I'd written this book, although I could never have done it with the same flair and wisdom that Macey has done. -- Nancy B. Rapoport, Business Law Today Corporate Governance is a strong step forward. -- Gabriel D. Rosenberg, Yale Law and Policy Review Macey makes a strong case for his judgment about most of these institutions and practices, and events since his book was completed reinforce his judgments. -- William A. Niskanen, Regulation Corporate Governance: Promises Kept, Promises Broken provides a cogent analysis of the various institutions and systems that are supposed to promote effective corporate governance. Meanwhile, Macey's provocative theories and opinions present interesting fodder for all students of corporate organization. The book would be a valuable addition to any academic law library. Indeed, though the work is academic in tone, law firms or public law libraries with strong corporate collections may also be interested in this text. -- Sara R. Paul, Law Library Journal Overall, the book is detailed, thorough, and easy to read and follow... Macey's thoughts are obviously well-considered and thoroughly researched, and this book should be considered a must-read for anyone interested in the governance of U.S. companies. The book, or excerpts from it, would make a great companion to a corporations course because of its disagreements with the status quo. -- Michael Sirkin, Concurring Opinions

Macey is a scholar who has mastered the latest and best scholarship in law, economics, finance, sociology, public choice theory, management and organization science, accounting and history. He prescribes a rational policy toward large corporations in a very readable and insightful work. --Henry G. Manne, Forbes.com Against a backdrop of the most pervasive corporate failures since the Great Depression, Macey's book is must-reading for those who want to understand how we got into this mess... It should be hoped that his well-documented criticisms of those corporate governance mechanisms that investors most heavily rely upon will be heeded. --C. Evan Stewart, New York Law Journal A must read for governance scholars and policy makers. --S. Grove, Choice Macey?s discussion of a wide range of interrelated issues is marvelously clear and provocative. --Christopher C. Faille, Federal Lawyer Given the governance failures in our post-Enron environment, now is a particularly good time to read this book... I wish I'd written this book, although I could never have done it with the same flair and wisdom that Macey has done. --Nancy B. Rapoport, Business Law Today Corporate Governance is a strong step forward. --Gabriel D. Rosenberg, Yale Law and Policy Review Macey makes a strong case for his judgment about most of these institutions and practices, and events since his book was completed reinforce his judgments. --William A. Niskanen, Regulation Corporate Governance: Promises Kept, Promises Broken provides a cogent analysis of the various institutions and systems that are supposed to promote effective corporate governance. Meanwhile, Macey's provocative theories and opinions present interesting fodder for all students of corporate organization. The book would be a valuable addition to any academic law library. Indeed, though the work is academic in tone, law firms or public law libraries with strong corporate collections may also be interested in this text. --Sara R. Paul, Law Library Journal Overall, the book is detailed, thorough, and easy to read and follow... Macey's thoughts are obviously well-considered and thoroughly researched, and this book should be considered a must-read for anyone interested in the governance of U.S. companies. The book, or excerpts from it, would make a great companion to a corporations course because of its disagreements with the status quo. --Michael Sirkin, Concurring Opinions

Macey is a scholar who has mastered the latest and best scholarship in law, economics, finance, sociology, public choice theory, management and organization science, accounting and history. He prescribes a rational policy toward large corporations in a very readable and insightful work. -- Henry G. Manne, Forbes.com Against a backdrop of the most pervasive corporate failures since the Great Depression, Macey's book is must-reading for those who want to understand how we got into this mess... It should be hoped that his well-documented criticisms of those corporate governance mechanisms that investors most heavily rely upon will be heeded. -- C. Evan Stewart, New York Law Journal A must read for governance scholars and policy makers. -- S. Grove, Choice Macey's discussion of a wide range of interrelated issues is marvelously clear and provocative. -- Christopher C. Faille, Federal Lawyer Given the governance failures in our post-Enron environment, now is a particularly good time to read this book... I wish I'd written this book, although I could never have done it with the same flair and wisdom that Macey has done. -- Nancy B. Rapoport, Business Law Today Corporate Governance is a strong step forward. -- Gabriel D. Rosenberg, Yale Law and Policy Review Macey makes a strong case for his judgment about most of these institutions and practices, and events since his book was completed reinforce his judgments. -- William A. Niskanen, Regulation Corporate Governance: Promises Kept, Promises Broken provides a cogent analysis of the various institutions and systems that are supposed to promote effective corporate governance. Meanwhile, Macey's provocative theories and opinions present interesting fodder for all students of corporate organization. The book would be a valuable addition to any academic law library. Indeed, though the work is academic in tone, law firms or public law libraries with strong corporate collections may also be interested in this text. -- Sara R. Paul, Law Library Journal

[Macey] prescribes a rational policy toward large corporations in a very readable and insightful work... [A] careful deconstruction of shareholder voting, litigation, stock market analysts, credit rating agencies and the Securities and Exchange Commission. -- Henry G. Manne Forbes.com Against a backdrop of the most pervasive corporate failures since the Great Depression, Macey's book is must-reading for those who want to understand how we got into this mess... It should be hoped that his well-documented criticisms of those corporate governance mechanisms that investors most heavily rely upon will be heeded. -- C. Evan Stewart New York Law Journal A must read for governance scholars and policy makers. -- S. Grove Choice Macey's discussion of a wide range of interrelated issues is marvelously clear and provocative. -- Christopher C. Faille Federal Lawyer Given the governance failures in our post-Enron environment, now is a particularly good time to read this book... I wish I'd written this book, although I could never have done it with the same flair and wisdom that Macey has done. -- Nancy B. Rapoport Business Law Today Corporate Governance is a strong step forward. -- Gabriel D. Rosenberg Yale Law and Policy Review Macey makes a strong case for his judgment about most of these institutions and practices, and events since his book was completed reinforce his judgments. -- William A. Niskanen Regulation Corporate Governance: Promises Kept, Promises Broken provides a cogent analysis of the various institutions and systems that are supposed to promote effective corporate governance. Meanwhile, Macey's provocative theories and opinions present interesting fodder for all students of corporate organization. The book would be a valuable addition to any academic law library. Indeed, though the work is academic in tone, law firms or public law libraries with strong corporate collections may also be interested in this text. -- Sara R. Paul Law Library Journal

Author Information

Jonathan R. Macey is the Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale Law School. He is the author of a number of books, including Macey on Corporation Laws.

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