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The Recurrent Crisis in Corporate Governance by Ira Millstein and Paul MacAvoy (2004, Trade Paperback)

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Number of Pages: 192. Weight: 0.52 lbs. Publication Date: 2004-08-18.

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Named one of the 2003 books of the year in the Economist : "A convincing explanation of why, despite all of the recent reforms in American corporate governance, there will probably be more firms that go the way of Enron."In the last thirty years, there has been a gradual erosion in the abilities and responsibilities of corporate boards. In addition to the ethics scandals that have plagued companies both new and established over the last three years, a number of over-diversified, over-staffed companies experienced failures that might have been avoided had there been proper oversight on the part of the board. While reform of the governance system has received considerable attention from the press, business leaders, and politicians, there have been few analyses of what is really happening on a systemic level, and even fewer workable suggestions for reform. The Recurrent Crisis in Corporate Governance provides an expert assessment of what went wrong on corporate boards and how to fix them. The book begins with both a legal and economic examination of corporate governance during the last three decades, including the broad issue of boards taking on responsibilities without being able to fulfill their obligations because of the lack of access to information and people within the corporation. The authors then go on to show the correlation between strong board performance and strong company performance, make the case for separating the CEO and Chair positions, comment on the collapse of nine major corporations, including Global Crossing, K-Mart, Lucent, and Qwest, and provide suggestions on how boards can be more effective stewards of the shareholders' and public's trust.

Product Identifiers

Publisher
Stanford University Press
ISBN-10
0804750866
ISBN-13
9780804750868
eBay Product ID (ePID)
30792698

Product Key Features

Author
Paul Macavoy, Ira Millstein
Publication Name
Recurrent Crisis in Corporate Governance
Format
Trade Paperback
Language
English
Publication Year
2004
Type
Textbook
Number of Pages
192 Pages

Dimensions

Item Length
8.5in
Item Height
0.6in
Item Width
5.5in
Item Weight
8.3 Oz

Additional Product Features

Lc Classification Number
Hd2741.M196 2004
Reviews
With a penetrating analysis of the recent failures so glaringly revealed in the spate of corporate scandals, and broad new insights into what went wrong, the book charts a new course to avoid such failings in the future. Combining first-rate scholarship with originality, the book sets a new standard for all who are interested in corporate governance." —John Snow,Former Chairman and COO, CSX Corporation and Former Co-Chair of the Conference Board Commission on Public Trust and Private Enterprise, "With a penetrating analysis of the recent failures so glaringly revealed in the spate of corporate scandals, and broad new insights into what went wrong, the book charts a new course to avoid such failings in the future. Combining first-rate scholarship with originality, the book sets a new standard for all who are interested in corporate governance." -John Snow,Former Chairman and COO, CSX Corporation and Former Co-Chair of the Conference Board Commission on Public Trust and Private Enterprise
Copyright Date
2004
Target Audience
Scholarly & Professional
Topic
Business Ethics, Corporate Governance, Government & Business
Lccn
2004-011644
Dewey Decimal
658.4
Dewey Edition
22
Illustrated
Yes
Genre
Business & Economics

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The Recurrent Crisis in Corporate Governance by Ira Millstein and Paul MacAvoy (2004, Trade Paperback)

About this product

Product Information

Product Identifiers

Product Key Features

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Additional Product Features

All listings for this product

item 1 The Recurrent Crisis in Corporate Governance by MacAvoy, Paul; Millstein, Ira

item 2 The Recurrent Crisis in Corporate Governance by Paul MacAvoy: Used

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item 4 Recurrent Crisis in Corporate Governance, Paperback by MacAvoy, Paul W.; Mill...

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item 6 Paul MacAvoy Ira Millste The Recurrent Crisis in Corporate Governan (Paperback)

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