The new corporate governance in theory and practice /

"Forty years ago, almost all power in any given corporation was wielded by senior managers while shareholders were essentially powerless and the board of directors provided an occasional rubber stamp. The Enron scandal and the Sarbanes-Oxley Act are now emblematic of how corporate power has mor...

Full description

Saved in:
Bibliographic Details
Main Author: Bainbridge, Stephen M
Format: Book
Language:English
Published: Oxford ; New York : Oxford University Press, c2008
Subjects:
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:"Forty years ago, almost all power in any given corporation was wielded by senior managers while shareholders were essentially powerless and the board of directors provided an occasional rubber stamp. The Enron scandal and the Sarbanes-Oxley Act are now emblematic of how corporate power has more recently ebbed away from management toward the competing claims of shareholders and directors." "Despite extensive changes made to the legal structure of corporate governance post-Enron, many legal academics and shareholder activists want to see still more changes, designed primarily to empower shareholders relative to both boards and managers. This book will explore whether such changes are desirable by offering and interdisciplinary analysis of board-centered systems."--BOOK JACKET
Physical Description:xiii, 245 p. : ill. ; 25 cm
Bibliography:Includes bibliographical references and index
ISBN:9780195337501 (alk. paper)
0195337506 (alk. paper)