Macey_Death
 

The Death of Corporate Reputation describes the transformation of US finance from the old reputational model to the existing laissez-faire model and argues that the change came as a result of three key factors: (1) the growth in reliance on regulation rather than reputation, (2) the increasing complexity of regulation, and (3) the rise of the “cult of personality” on Wall Street. Having identified the heart of the problem, Macey offers a path forward.

Copyright 2013.

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