
by RobertMonks (Author)
This is a textbook on the most important development in business during the 1980s. The abuses and excesses of the takeover era and the exponential growth of the institutional investor have transformed the roles of the shareholders, managers, and directors of publicly held companies. This book explains how it happened, where it is going, and what the impact will be. It includes case studies on blue chip companies such as American Express, Eastman Kodak, General Motors, Sears Roebuck and Time Warner, as well as selected outside materials and should be useful as a resource for students of business, law and public policy. Robert Monks and Nell Minow are both long-time scholars of corporate governance. They have lectured and published widely in this field, with more than fifty articles and two books. They have also been at the forefront of shareholders' activism themselves, leading shareholder initiatives at companies like Sears, Westinghouse, Kodak and Borden.
Format: Paperback
Pages: 576
Publisher: WileyBlackwell
Published: 11 Nov 1994
ISBN 10: 155786490X
ISBN 13: 9781557864901
. .. a fresh, thoughtful, and timely look at the problem of corporate governance ... a little gem. Joseph A. Grundfest, Professor of Law, Stanford Law School, USA
This book will provide a fascinating read for anyone with a keen interrest in the subject. Coverage of all the major issues is extremely comprehensive.... . Corporate Governance is rich in examples of both good and questionable practice and it attempts to deliver a powerful message THES, May 97
.. . a fresh, thoughtful, and timely look at the problem of corporate governance ... a little gem. Joseph A. Grundfest, Professor of Law, Stanford Law School, USA
This book will provide a fascinating read for anyone with a keen interrest in the subject. Coverage of all the major issues is extremely comprehensive..... Corporate Governance is rich in examples of both good and questionable practice and it attempts to deliver a powerful message THES, May 97
Bob Monks particularly is one of the best known figures in corporate governance in the USA, having made his name through attacking the corporate establishment. He has been director of a number of major US companies and in 1984 was selected by Ronald Reagan to Head up the Labor Department's pensions and welfare benefits office.
Together they are also heads of the Lens Fund which is designed to be a vehicle of collective action. Its aim is to invest in large companies that have a defensive corporate culture of management incompetence - so far the Lens has targeted companies such as Sears, Chrysler, Chase Manhattan and American Express.
Monks and Minow have also collaborated on two other books - Power and Accountability (1991) and Watching the Watchers (1996).