Shareholder control over large corporations is worryingly weak and the unrestrained hunt for profits is taking a toll on the environment and society. In Corpocracy, corporate lawyer, venture capitalist, and shareholder activist Robert Monks reveals how corporations abuse their power and what we the people must do to rein them in. In a clear and careful analysis, Monks outlines a plan for reconciling the competing interests of corporations and society through thoughtful shareholder activism.
Autorentext
Robert A. G. Monks is the founder of ISS, The Corporate Library, the LENS Fund, and Governance for Owners. A CEO in two industries and the director of ten publicly traded companies, he was placed in charge of the national pension system and made a founding trustee of the Federal Employees Retirement System by Ronald Reagan. He has written six books in the fields of governance, including, with Nell Minow, Corporate Governance.
Klappentext
"A very, very important book."
Paula Gordonhost, the Paula Gordon Show
Corporate governance expert Robert Monks takes on the country's biggest mega-corporations in this devastating account of corporate greed. Hugely inflated CEO salaries and bonuses and the wholesale exclusion of shareholders from governance of the companies they own are only symptoms of a far greater threat to democratic society: corporate takeover of the political process. Monks, a venture capitalist and member of several boards, shows how we can right the capitalist ship before it's too lateand restore the essential character of the companies that made America great.
Inhalt
Preface.
Acknowledgments.
Definition.
Chapter 1: An Audience with the Emperor.
Chapter 2: Economics Ascendant.
Chapter 3: The Godfather.
Chapter 4: The Business Roundtable.
Chapter 5: Inside the Corpocracy.
Chapter 6: House Take.
Chapter 7: Efficiences "R" Us.
Chapter 8: Return of the Blob.
Chapter 9: The Great and the Good.
Chapter 10: Still, I Dare to Dream.
Appendix.
Notes.
Index.