Supervisor: Corporate governance in the 21st century

Author: Robert Monks (USA) Neil Minow
Translator: Yang Jiabang
United States / USA
Publisher:
Publish Date: 2006-10-01
Features: Every day in the course of business operations, companies face tens to hundreds of major decisions related to resource allocation, finance, organizational structure, and strategic direction. These decisions should be made by whom?
The board of directors is the "supervisor" that governs the fate of modern companies, and the authors of this book, Robert Monks and Neil Minow, have been closely monitoring and supervising their actions for many years. Therefore, this book is an excellent read written by two people who know a great deal about corporate governance. It is helpful to anyone who needs to learn more about corporate governance—board members, managers, shareholders, and others in the company. The book covers all the knowledge about corporate governance that modern managers need to understand.
In this book, Monks and Minow first examine what a company is and how to evaluate its performance, then analyze the rights and responsibilities of shareholders, the board of directors, managers, and employees in turn. They analyze the roles that all these "company components" can, actually, and should play in determining the direction and strategy of the company. Finally, they draw a conclusion with recommendations: to improve a company's productivity and competitiveness, the "supervisory" role of shareholders and directors in the company must be strengthened. In short, the authors' real-world experience, insights, and ideas are of great reference significance for anyone concerned with the development direction of companies in the 21st century.
Every day in the course of business operations, companies face tens to hundreds of major decisions related to resource allocation, finance, organizational structure, and strategic direction. These decisions should be made by whom?
The board of directors is the "supervisor" that governs the fate of modern companies, and the authors of this book, Robert Monks and Neil Minow, have been closely monitoring and supervising their actions for many years. Therefore, this book is an excellent read written by two people who know a great deal about corporate governance. It is helpful to anyone who needs to learn more about corporate governance—board members, managers, shareholders, and others in the company. The book covers all the knowledge about corporate governance that modern managers need to understand.
In this book, Monks and Minow first examine what a company is and how to evaluate its performance, then analyze the rights and responsibilities of shareholders, the board of directors, managers, and employees in turn. They analyze the roles that all these "company components" can, actually, and should play in determining the direction and strategy of the company. Finally, they draw a conclusion with recommendations: to improve a company's productivity and competitiveness, the "supervisory" role of shareholders and directors in the company must be strengthened. In short, the authors' real-world experience, insights, and ideas are of great reference significance for anyone concerned with the development direction of companies in the 21st century.