Gatekeepers The Professions and Corporate Governance

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

John C. Coffee Jr. is the Adolf A. Berle Professor of Law and Director of the Center on Corporate Governance at Columbia Law School. He is a fellow at the American Academy of Arts & Sciences and has been repeatedly listed by the National Law Journal as among its "100 Most Influential Lawyers in America". He has served as a reporter to The American Law Institute for its Corporate Governance Project and on the Legal Advisory Board to the New York Stock Exchange. He is the author of several casebooks and scholarly works, including Entrepreneurial Litigation: Its Rise, Fall, and Future (Harvard University Press, 2016).

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