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What's Right and What's Wrong with Corporate Governance in the U.S. Today?



One of the most pressing issues facing U.S. policy makers is whether to reform our system of corporate governance. Achieving the appropriate balance of protecting shareholder rights without unduly interfering with managerial decisions is a difficult challenge. Entrepreneurship and risk-taking is at the heart of the capitalist system, but fears of fraud and an inability of shareholders to discipline errant managers can undermine confidence in the system.  The U.S. has undertaken a sweeping reform of the laws, regulations, and practices relating to the governance of corporations.  Evaluating what we have done right, what we have done wrong, and what needs to be done in the future was the topic of this inaugural program of a new series sponsored by the AEI-Brookings Joint Center and the University of Chicago, Graduate School of Business George Stigler Center.

Agenda

Conference Summary

Video

Kaplan PowerPoint Slides

Wednesday, January 21, 2004
12:00 p.m. - 1:45 p.m.
Wohlstetter Conference Center, Twelfth Floor, AEI
1150 Seventeenth Street, N.W., Washington, D.C. 20036

12:00 p.m.      Registration and Lunch

12:15 p.m.      Introduction
    
Welcome:    Robert Hahn, AEI-Brookings Joint Center
    
     Panel:         Corporate Governance in the U.S.
     Moderator:  Randall Kroszner, University of Chicago
     Panelists:    Paul Atkins, SEC Commissioner
                    Steven Kaplan, University of Chicago

1:45 p.m.        Adjournmen