This is the first comprehensive textbook to focus on corporate governance - the most important development in business over the last decade. The abuses and excesses of the takeover era and the exponential growth of the institutional investor have transformed the roles of the shareholders, managers, and the directors of publicly held companies.
Including selected outside materials and extensive case studies on companies such as American Express, General Motors and Time Warner, this text illuminates and explains the complexities of corporate governance.
An indispensable resource for undergraduate and MBA students of business, law and public policy.
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