The new global investors : how shareowners can unlock sustainable prosperity worldwide
Author(s)
Bibliographic Information
The new global investors : how shareowners can unlock sustainable prosperity worldwide
Capstone, 2001
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
Large corporations dominate our world. More than any other factor it is corporations that decide who is rich and who is poor, what kind of education we enjoy, the quality of our environment and the use of force in international affairs. Corporate energy is perceived as the single most effective tool for creating wealth and solving society's problems. But there is a price, and a new and potentially destructive element has emerged which fundamentally changes and increases the danger that big business represents. Through control over their boards of directors, their compensation committees, 'independent' consultants, the accounting authorities and even governments, CEO's have acquired the capacity to pay themselves as much as they wish. Is there now any effective limit to the power of corporate management? As the worlds most prominent and notorious shareholder activist, Robert Monks has relentlessly stalked ineffective management, waking it, shaking it, and replacing it. The New Global Investors is his most powerful call yet for a more accountable corporate world.
Table of Contents
Acknowledgements Introduction and Summary Adaptability: Corporations Can Change The Promise: Institutions Arise to Encourage the Expression of Genius The Problem: Corporate Hegemony Threatens a Free Society The Solution: The New Global Investors A Fiduciary Framework: A Setting for Investments The Language of Accountability: How to Depict True Corporate Value Conclusion - Where We Are and Where We Are Heading: How to Restore Authentic Corporate Ownership Appendix I: Brightline (r) Appendix II: Stone and Webster Employee/Beneficiary Remedies Index
by "Nielsen BookData"