Gatekeepers

• A well informed and accessible look at the highly topical issue of the role of the professions in business
• Examines their influence on boards of directors
• Focusses on infamous failures of these gatekeepers, such as the Enron and WorldCom scandals
• Unique study of the evolution of four distinct professions
• Written by a world-renowned law professor and coroporate lawyer

Readership: Academics, Advanced Students, and Practitioners in Business, Law, and Economics, with a strong interest in Corporate Governance

John C. Coffee Jr., Adolf A. Berle Professor of Law, Columbia Law School

1: Introduction
Part I: What Happened?
2: The Failure of Gatekeepers
3: Explaining Gatekeeper Failure?
4: A Comparative Perspective
Part II: The Development of Gatekeepers
5: The Rise, Fall, and Redefinition of the Auditor: From Bookkeeper to Professional to Information Consultant
6: Corporate Attorneys as Gatekeepers: The Short History of a Developing Concept
7: Securities Analysts
8: The Ratings Agencies
Part III: The Search for Reform
9: What Went Wrong?
10: What Should Work? (And How to Get There)
11: Conclusion: The Future of Gatekeeping