Capitalism without owners will fail: A policymakers guide to reform Robert Monks and Allen Sykes CSI Centre for the Study of inancial Innovation The Centre for the Study of inancial Innovation is a non-profit think-tank, established in 1993 to look at future developments in the international financial field - particularly from the point of view of practitioners. Its US affiliate, the New York CSI, was set up in 2002. The goals of both institutions include identifying new areas of business, flagging areas of danger and provoking a debate about key financial issues. The Centre has no ideological brief, beyond a belief in open and efficient markets. Trustees Governing Council Minos Zombanakis (Chairman) Sir Brian Pearse (Chairman) David Bell David Bell David Lascelles Rudi Bogni Sir Brian Pearse Robert Bench (US) Manny Bussetil Staff Peter Cooke Director - Andrew Hilton Bill Dalton Co-Director - David Lascelles Professor Charles Goodhart Director of Studies - Alexander Evans John Heimann (US) Henry Kaufman (US) John Langton Dame Judith Mayhew John Plender David Potter Sir Brian Williamson Minos Zombanakis Published simultaneously in the UK and the US by the Centre for the Study of inancial Innovation (CSI) and the New York CSI. Unless otherwise stated, CSI publications can be purchased through Central Books. E-mail:
[email protected] Telephone: 0845 458 9910 E-mail:
[email protected] Web: www.csfi.org.uk © CSI 2002 This publication is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of the Centre.