Read Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream

Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream

Robert A.G. Monks

4.9/5 (27724 ratings)

Description:Democratic capitalism—the source of America’s vast wealth, the foundation of our entire economic system—is threatened as never before, not from without but from within. Shareholders today no longer own, except in the narrowest legal sense, the corporations they have invested in. Emboldened by the Supreme Court and enabled by a compliant Congress and compromised regulators, America’s CEOs have staged a corporate coup d’état. They, not the titular owners of the businesses, decide where and how company resources will be deployed, what laws will be evaded in the pursuit of short-term gain, what offshore havens profits will be stashed in to avoid taxation, and critically, how lavishly the CEOs themselves will be compensated. Far too much of American business is being run for the personal enrichment and glorification of its manager-kings. This book shows how that happened and unveils, for the first time, a new study showing that corporations “un-owned” by their shareholders—corporate “drones”—are far worse corporate citizens and have significantly lower average shareholder returns than firms in which owners still exercise authority over management. Manager-kings, it turns out, are bad both for society and for business itself.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream. To get started finding Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 194

Format: PDF, EPUB & Kindle Edition

Publisher: Miniver Press

Release: 2013

ISBN: 1939282101

Description: Democratic capitalism—the source of America’s vast wealth, the foundation of our entire economic system—is threatened as never before, not from without but from within. Shareholders today no longer own, except in the narrowest legal sense, the corporations they have invested in. Emboldened by the Supreme Court and enabled by a compliant Congress and compromised regulators, America’s CEOs have staged a corporate coup d’état. They, not the titular owners of the businesses, decide where and how company resources will be deployed, what laws will be evaded in the pursuit of short-term gain, what offshore havens profits will be stashed in to avoid taxation, and critically, how lavishly the CEOs themselves will be compensated. Far too much of American business is being run for the personal enrichment and glorification of its manager-kings. This book shows how that happened and unveils, for the first time, a new study showing that corporations “un-owned” by their shareholders—corporate “drones”—are far worse corporate citizens and have significantly lower average shareholder returns than firms in which owners still exercise authority over management. Manager-kings, it turns out, are bad both for society and for business itself.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream. To get started finding Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream

Citizens DisUnited: Passive Investors, Drone CEOs and the Corporate Capture of the American Dream

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