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NOTES

PROLOGUE

1. Graham, Harvey & Rajgopal, The Economic Implications of Corporate Financial Reporting, pp. 3-73. The study is complex and subtle, and statistics vary with respect to given behaviors. Nonetheless my generalization in the text accurately captures a principal finding in the article.

2. TONELLO, REVISITING STOCK MARKET SHORT TERMISM; CFA CENTRE FOR FINANCIAL MARKET INTEGRITY/BUSINESS ROUNDTABLE INSTITUTE FOR CORPORATE ETHICS, BREAKING THE SHORT-TERM CYCLE; MITCHELL, CORPORATE IRRESPONSIBILITY.

ONE: THE PRINCIPLE OF COOPERATION

1. WlEBE, THE SEARCH FOR ORDER, gives a wonderful portrayal of the confusion that characterized American society, including business, in the late nineteenth century. His story stands in contrast to the ...

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