Corporate Governance - Softcover

In the wake of the recent dramatic series of corporate meltdowns: Enron; Tyco; Adelphia; WorldCom; the timely new edition of this successful text provides students and business professionals with a welcome update of the key issues facing managers, boards of directors, investors, and shareholders.In addition to its authoritative overview of the history, the myth and the reality of corporate governance, this new edition has been updated to include:analysis of the latest cases of corporate disaster;An overview of corporate governance guidelines and codes of practice in developing and emerging marketsnew cases: Adelphia; Arthur Andersen; Tyco Laboratories; Worldcom; Gerstner's pay packet at IBMOnce again in the new edition of their textbook, Robert A. G. Monks and Nell Minow show clearly the role of corporate governance in making sure the right questions are asked and the necessary checks and balances in place to protect the long-term, sustainable value of the enterprise.A CD-ROM containing a comprehensive case study of the Enron collapse, complete with senate hearings and video footage, accompanies the text. Further lecturer resources and links are available at www.blackwellpublishing.com/monks

This book provides a comprehensive look at the history, the myth, the reality, and the future of corporate governance issues. It explains how the roles of shareholders, managers and directors have been transformed by the abuses and excesses of the takeover era, the exponential growth of the institutional investor, and the unprecedented ability of shareholders to find each other on the internet.

The second edition has been extensively re-written and updated. Changes include:

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• Excerpts from NACD reports on board professionalism and CEO succession.
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• Impact of the internet on shareholder communications and disclosure.
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• New cases - Daimler-Benz; Dow-Jones; Saatchi & Saatchi; Furr's/Luby's; Mirror; Brazil; Political contributions (US/UK).
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• Updated cases - Inc General Motors; Sears.

Including numerous case studies and supplementary online material, this book is an indispensable resource for students of business, corporate finance, law, and public policy.

For supplemental resources including full appendices visit www.blackwellpublishers.co.uk/monks