000			01138pab a2200181 454500
008			180718b2002 xxu||||| |||| 00| 0 eng d
100			_aGhosh, D.N.
245			_aWall street capitalism and the world of professional managers
260			_c2002
300			_ap.3803-809.
362			_a14 Sep
520			_aA systematic failure of epic proportions in organisations and institutions that are the foundations of market capitalism is unfolding. This essay takes a broad overview of the nature of the improprieties that led to the collapse of corporate governance systems in some of the largest US corporations. The behaviour of professional managers who run these corporations as well as the supporting self-governing institutions and corporate boards is then discussed in the context of the capital market-driven governance systems within which they operate. The essay concludes by raising a few issues of regulatory accountability that the recent happenings have thrown up. - Reproduced.
650			_aManagement
650			_aManagers
650			_aFinancial markets
773			_aEconomic and Political Weekly
909			_a53807
999			_c53807 _d53807