Supervisor Supervisor (Corporate Governance in the 21st Century)

Author: Robert Monks, Neil Minow, translated by Yang Jiebang
Publisher:
Publish Date: 2006-10-01
Features: Every day in daily operations, companies face dozens 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 controls 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 lot about corporate governance. It is helpful to anyone who needs to learn more about corporate governance— including directors, managers, shareholders, and others in the company. This book covers all the knowledge about corporate governance that modern managers need to know. 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, analyzing the roles that all these "company components" can, actually, and should play in determining the company's direction and strategy. Finally, they draw a conclusion with suggestions: to improve the productivity and competitiveness of the company, it is necessary to strengthen the "supervisory" role of shareholders and directors in the company. In short, the authors' experience, insights, and ideas from the real world are of great reference significance to anyone concerned about the development direction of companies in the 21st century.
Every day in daily operations, companies face dozens 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 controls 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 lot about corporate governance. It is helpful to anyone who needs to learn more about corporate governance— including directors, managers, shareholders, and others in the company. This book covers all the knowledge about corporate governance that modern managers need to know. 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, analyzing the roles that all these "company components" can, actually, and should play in determining the company's direction and strategy. Finally, they draw a conclusion with suggestions: to improve the productivity and competitiveness of the company, it is necessary to strengthen the "supervisory" role of shareholders and directors in the company. In short, the authors' experience, insights, and ideas from the real world are of great reference significance to anyone concerned about the development direction of companies in the 21st century.