Description
Book SynopsisTrade ReviewAnyone seeking a comprehensive introduction to corporate governance will find this book valuable...recommended. Choice
Table of ContentsIntroduction Part I: Broad Perspectives on Corporate Governance 1. Value Maximization, Stakeholder Theory, and the Corporate Objective Function, by Michael C. Jensen 2. The State of U.S. Corporate Governance: What's Right and What's Wrong?, by Bengt Holmstrom and Steven N. Kaplan 3. U.S. Corporate Governance: Accomplishments and Failings: A Discussion with Michael Jensen and Robert Monks Part II: Internal Governance: Boards and Executive Compensation 4. The Director's New Clothes (or, The Myth of Corporate Accountability), by Robert Monks and Nell Minow 5. Best Practices in Corporate Governance: What Two Decades of Research Reveals, by Anil Shivdasani and Marc Zenner 6. Pay without Performance: Overview of the Issues, by Lucian A. Bebchuk and Jesse M. Fried 7. Is U.S. CEO Compensation Broken?, by John E. Core, Wayne R. Guay, and Randall S. Thomas Part III: External Governance: Ownership Structure 8. Just Say No to Wall Street: Putting a Stop to the Earnings Game, by Joseph Fuller and Michael C. Jensen 9. Identifying and Attracting the "Right" Investors: Evidence on the Behavior of Institutional Investors, by Brian Bushee 10. U.S. Family-Run Companies-They May Be Better Than You Think, by Henry McVey and Jason Draho 11. The Evolution of Shareholder Activism in the United States, by Stuart L. Gillan and Laura T. Starks Part IV: External Governance: The Market for Corporate Control 12. Corporate Control and the Politics of Finance, by Michael C. Jensen 13. Where M&A Pays and Where It Strays: Survey of the Research, by Robert Bruner 14. Private Equity, Corporate Governance, and the Reinvention of the Market for Corporate Control, by Karen H. Wruck About the Contributors Index
