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.
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About the Author
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.
Table of Contents
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.
Most Helpful Customer Reviews
An inside look from one of the most important figures in corporate governance, this book provides a unique look at the issues facing companies, boards, investors and public policy makers today. Whether you want an inside look at how annual meetings operate, what activist shareholders are thinking and doing and their impacts, how our current language about business is shaping policy views of what is important, the influence of former Supreme Court Justice Lewis Powell on business today, the evolving and respective roles of business, government, and the US stock exchanges, major issues in executive compensation and shareholder rights, and what everyone can do about these issues, this book has it all! The book is provocative, thoughtful and a call to action. It is a must read for anyone wanting to understand the views and the landscape that corporations, shareholders, and our economy operate within. I recommend you read this book - every single page of it.