Corporate Governance.

• Κύριος συγγραφέας: Monks, Robert A. G.
• Άλλοι συγγραφείς: Minow, Nell
• Μορφή: Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Hoboken : Wiley, 2012.
• Έκδοση: 5th ed.
• Θέματα: Business.; Corporate governance > United States.; Corporate governance.; BUSINESS & ECONOMICS > Corporate Governance.; Electronic books.

In the wake of the recent global financial collapse 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...

Πίνακας περιεχομένων:

• CORPORATE GOVERNANCE; Contents; Sticks, Part 1: Can Investors Ensure or Improve Board Independence by Replacing Directors who Perform Badly or Suing Directors who Fail to Act as Fiduciaries?; Cases in Point; Preface; Acknowledgments; Introduction
• How to Use this Book; 1. What is a Corporation?; Defining the Corporate Structure, Purpose, and Powers; Evolution of the Corporate Structure; The Purpose of a Corporation; Satisfying the human need for ambition, creativity, and meaning; Social structure; Efficiency and efficacy; Ubiquity and flexibility; Identity.
• Metaphor 1: The Corporation as a "Person"Metaphor 2: The Corporation as a Complex Adaptive System; Are Corporate Decisions "Moral"?; Are Corporations Accountable?; Three Key External Mechanisms for Directing Corporate Behavior: Law, the Market, and Performance Measurement; Government: legislation, regulation, enforcement; What Does "Within the Limits of the Law" Mean?; When and how do you punish a corporation?; Probation of corporations; The problem of serial offenders; Securities analyst settlement; What is the role of shareholders in making this system work?; The market: too big to fail.
• The corporation and electionsCitizens united; The corporation and the law; A Market Test: Measuring Performance; Long term versus short term; Corporate decision making: whose interests does this "person"/adaptive creature serve?; Another (failed) market test: NGOs; Measuring value enhancement; GAAP; Market value; Earnings per share; EVA®: economic value added; Human capital: "It's not what you own but what you know"; The "value chain"; Knowledge capital; The value of cash; Corporate "externalities"; Equilibrium: The Cadbury Paradigm.
• ESG: Environment, Social Governance
• A New Way to Analyze Investment Risk and ValueQuantifying Nontraditional Assets and Liabilities; Future Directions; Summary and Discussion Questions; Notes; 2. Shareholders: Ownership; Definitions; Early Concepts of Ownership; Early Concepts of the Corporation; A Dual Heritage: Individual and Corporate "Rights"; The Reinvention of the Corporation: Eastern Europe in the 1990s; The Evolution of the American Corporation; The Essential Elements of the Corporate Structure; The Mechanics of Shareholder Rights.
• The Separation of Ownership and Control, Part 1: Berle and MeansFractionated Ownership; The Separation of Ownership and Control, Part 2: The Takeover Era; Waking the Sleeping Giant; A Framework for Shareholder Monitoring and Response; Ownership and Responsibility; No innocent shareholder; To Sell or Not to Sell: The Prisoner's Dilemma; Who the Institutional Investors Are; Bank trusts; Mutual funds; Insurance companies; Universities and foundations; Executive pay from the consumer side
• a leading indicator of risk; Pension plans; The Biggest Pool of Money in the World.
• Pension plans as investors.