The recurrent crisis in corporate governance / Paul W. MacAvoy and Ira M. Millstein.

Format:

Book

Author/Creator:

MacAvoy, Paul W.

Contributor:

Millstein, Ira M.

Anne and Joseph Trachtman Memorial Book Fund.

Language:

English

Subjects (All):

Corporate governance.

Physical Description:

xiii, 149 pages : illustrations ; 23 cm

Place of Publication:

Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2004.

Summary:

In the late 1990s the American corporation forged ahead in gains in efficiency and earnings performance with strong reflections in stock price appreciation. However, the events of Enron and the bursting of the bubble of unlimited increases in the price of Internet, telecom and energy company shares have caused the authors of this book to take another look at American corporate governance. The authors use a scholar-practitioner approach to show what is missing in today's corporate governance and to support a case for activating the board of directors, with leadership from an independent chair, to put new controls on management and take responsibility for the result.

Notes:

Includes bibliographical references (pages 133-142) and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Anne and Joseph Trachtman Memorial Book Fund.

Purchased with the Charles R. Anderson Fund, in honor of the Class of 1935; 2003/2004

ISBN:

1403916667

OCLC:

52197546