Corporate Governance

The third edition of this text/CD-ROM package provides students and business professionals with an update on key issues facing managers, boards of directors, investors, and shareholders. Monks and Minow, founders of an independent research firm dedicated to corporate governance, overview the history, the myth, and the reality of corporate governance, and, in this edition, analyze the latest cases of corporate disaster and explore recent corporate governance guidelines and codes of practice in developing and emerging markets. The CD-ROM contains a comprehensive case study of the Enron collapse, with US Senate Hearings and video footage. Annotation ©2004 Book News, Inc., Portland, OR

Bob Monks and Nell Minow are respectively Founder and President of Institutional Shareholder Services, Washington DC, Bob Monks, in particular, is one of the best known figures in corporate governance in the USA, having made his name through attacking the 'corporate establishment'. he has been director of a number of major US companies and in 1984 was selected by Ronald Reagan to head up the Labour Department's pensions and welfare benefits office. He and Nell Minow are also head of the Lens Fund which is designed to be 'a vehicle for collective action'. Its aim is to invest in large companies that have a defensive corporate culture of 'management incompetence' - so far the Lens has targeted companies such as Sears, Chrysler, Chase Manhattan and American Express. Monks and Minow have also collaborated on two other books - Power and Accountability (1991) and Watching the Watchers (Blackwell Business, 1996).