Challenges to Business in the Twenty-First Century

Challenges to Business in the Twenty-First Century

Edited by Gerald Rosenfeld, Jay W. Lorsch, and Rakesh Khurana

AMERICAN ACADEMY OF ARTS & SCIENCES

Challenges to Business in the Twenty-First Century

Please direct inquiries to: American Academy of Arts and Sciences 136 Irving Street Cambridge, MA 02138-1996 Telephone: 617-576-5000 Fax: 617-576-5050 Email: aaas@ Web:

Challenges to Business in the Twenty-First Century

Edited by Gerald Rosenfeld, Jay W. Lorsch, and Rakesh Khurana

? 2011 by the American Academy of Arts and Sciences "Long-Term Financial Security" ? 2011 by Roger W. Ferguson, Jr. "Challenges of Financial Innovation" ? 2011 by Myron S. Scholes "Reversing the Null: Regulation, Deregulation, and the Power of Ideas" ? 2011 by David A. Moss All rights reserved.

Copies of this publication can be downloaded from: .

Suggested citation: Gerald Rosenfeld, Jay W. Lorsch, and Rakesh Khurana, eds., Challenges to Business in the Twenty-First Century (Cambridge, Mass.: American Academy of Arts and Sciences, 2011).

Cover image ? Adam Gault/Getty Images.

ISBN#: 0-87724-089-2

The statements made and views expressed in this publication are solely the responsibility of the authors and are not necessarily those of the Officers and Fellows of the American Academy of Arts and Sciences.

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