What's a Business For? Until recently, the triumph of American stock-market capitalism seemed a foregone conclusion. But recent scandals have revealed disturbing flaws in the U.S. model. Instead of blaming the people at the top, we should be asking whether we've all been pursuing the wrong goals

Holes at the Top: Why CEO Firings Backfire. When a company does well, its CEO is showered with money and adulation. When a company does poorly, the CEO gets the blame-and the boot. But while boards have become accustomed to firing CEOs, they are inept at making the dismissals pay off

Expensing Options Solves Nothing. Recording stock options as on expense on companies' income statements will neither enlighten investors nor restrain irresponsible managers and boards. Instead of seizing on a small point of accounting, investors, executives, and public officials should be working toward a better system of accountability