The Making of a Stock Market Society

JAMES E. ELLIS

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The Making of a Stock Market Society

机译：建立证券市场协会

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Back in the bad old days, the books of U.S. corporations were frequently cooked, management routinely ignored the rights of ordinary shareholders, and financial transparency was almost nonexistent. No, I'm not talking about the 1990s-era abuses that led to today's Sar-banes - Oxley reforms. A century earlier, many of the same financialrnshenanigans ushered in a similarly transformative wave of legislation that led to many of the investor protections we now take for granted.

机译：回顾过去的糟糕日子，美国公司的账簿经常被抄写，管理层通常无视普通股股东的权利，并且几乎不存在财务透明度。不，我不是说1990年代导致今天的Sar-banes-Oxley改革的虐待行为。一个世纪以前，许多相同的金融专家都迎来了类似的变革性立法浪潮，这导致了我们现在理所当然的许多投资者保护。

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《Business week》 |2007年第4061期|80|共1页
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JAMES E. ELLIS;
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中图分类贸易经济;世界经济问题;
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The Making of a Stock Market Society

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