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Book details for The Recurrent Crisis in Corporate Governance Buy The Recurrent Crisis in Corporate Governance
The Recurrent Crisis in Corporate Governance
Book author(s) Book subject

Paul MacAvoy Ira Millstein

Corporate Governance

Sales rank 812,408 Customers rating (based on 2 reviews)
The Recurrent Crisis in Corporate Governance

Brief description of The Recurrent Crisis in Corporate Governance

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.

Book details
PublisherPalgrave Macmillan
Release date01/2004
AvailabilityUsually ships in 24 hours
EditionHardcover
List price$89.95
Our price$71.97 (you save 19.99%)
Used pricefrom $10.88
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Comments by amazon customers about The Recurrent Crisis in Corporate Governance

Compliance and Conviction
Ira M. Millstein is a legend in the corporate governance field. Paul W. MacAvoy is a prolific author and highly regarded authority on government regulation and corporate conduct. Simply put, this book is one of the best in its field. Another important corporate governance leader provides a rare inside glimpse into the corporate boardroom. To gain a perspective of an active leader in corporate governance, I highly advise you to read Compliance and Conviction: The Evolution of Enlightened Corporate Governance by Curtis J. Crawford, Ph.D. In his book, Dr. Crawford provides a historical perspective on the topic while focusing on succession planning, chief executive officer (CEO) supervision, executive compensation, and director independence. He discusses in detail the three types of boards typically found in the corporation and their directors. I think you will be enlightened.


Compelling!
As difficult as it is to make an argument regarding the economic impact corporate governance policies and procedures may have, this book makes a compelling arguement that good governance results in more profit. The combination of real life experience provided by Ira Millstein with the academic analysis produced by Paul MacAvoy's work presents different perspectives that arrive at the same conclusion. I enjoyed it. Necessary reading for anyone serious about corporate governance.



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