Trust and Honesty: America's Business Culture at a Crossroad.

• Author: Marshall, Jeffrey
• Position: BookSHELF - Brief article - Book review

Trust and Honesty: America's Business Culture at a Crossroad. By Tamar Frankel. Oxford University Press, 253 pages. $35.

In how many ways have America's corporate leaders deviated from the right path in recent years? Author Tamar Frankel, a law professor at Boston University and the author of books on securities and regulation, spends many pages enumerating those and putting them into context. Then she offers recommendations about what the same (and other) leaders should do to put things right.

First and foremost, she talks about redirecting the culture and aiming it toward some simple truths: truth and honesty. Corporate leaders, she writes, must change their own culture before they change that of their companies, and it all starts with a...