The previous edition of this book was the first to focus on the rise of corporate governance, one of the most important developments in business in recent years. The abuses and excesses of the takeover era and the exponential growth of the institutional investor have transformed the roles of shareholders, managers, and directors of publicly held companies. This timely new edition of Corporate Governance has been expanded to provide a more extensive investigation into how and why these developments occurred. It also considers the possible ramifications of corporate governance for the future. Including numerous case studies and selected outside materials, this book is an indispensable resource for business owners and managers.
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