Tyranny of the Bottom Line: Why Corporations Make Good People Do Bad Things

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Tyranny of the Bottom Line tells the story of corporate power gone awry: permanent layoffs affecting millions of Americans while CEO salaries go through the roof; toxic waste poisoning the land, water, and air; unhealthy and dangerous products on the market; injury and death on the job; white-collar hustles in the S&Ls and on Wall Street that ultimately cost us all. Ralph Estes shows how the corporate system has gone astray. Employees, at all levels of the organization, are held hostage to the tyranny of the ...

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Overview

Tyranny of the Bottom Line tells the story of corporate power gone awry: permanent layoffs affecting millions of Americans while CEO salaries go through the roof; toxic waste poisoning the land, water, and air; unhealthy and dangerous products on the market; injury and death on the job; white-collar hustles in the S&Ls and on Wall Street that ultimately cost us all. Ralph Estes shows how the corporate system has gone astray. Employees, at all levels of the organization, are held hostage to the tyranny of the bottom line. Massive layoffs can shatter careers and devastate lives, while those still employed live in constant fear. Managers, so often maligned, are also victims of a system that seems to require them to subordinate personal morality to an impersonal corporate culture. Packed with countless examples that dramatically support his case, Estes traces the history of the corporation and shows how the original purpose has been systematically perverted through an unbalanced focus on profit-and-loss. He then presents, in a simple and accessible style, proposals to bring about full and fair accountability to stakeholders.

In a thought-provoking proposal which maintains that corporations be held responsible to their customers, employees, and society, as well as to their financial investors, Estes lays out a plan to reform the corporate system which could result in a savings to society of up to $2.5 trillion.

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Editorial Reviews

Booknews
An account of how the corporate system, originally created to serve the public interest, has acquired immense power over the public. Estes (business administration, The American U.) identifies the problem as the "bottom line" approach to measuring corporate performance and provides a practical plan for creating more effective and humane companies. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9781881052753
  • Publisher: Berrett-Koehler Publishers, Inc.
  • Publication date: 1/1/1996
  • Series: BK Currents (Hardcover) Series
  • Edition description: 1st ed
  • Edition number: 1
  • Pages: 298
  • Product dimensions: 6.38 (w) x 9.51 (h) x 1.11 (d)

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