Title: The firm divided
Description: "In every corporation, there is an inherent conflict between the interests of the executives running the company and the shareholders who own it. The corporate governance issues resulting from these conflicts can lead to public and sometimes costly scandals: leaked excessive pay packages, CEOs stacking their boards with friends and cronies, massive payouts from management buyouts, extended proxy fights, and vocal shareholder activism, among other serious issues. In The Firm Divided, Graeme Guthrie examines these conflicts with the intention of illuminating for the reader the perspective of each player in the firm--executives, shareholders, and the board--and exploring the ways in which each player pursues his or her own goals, which is often at odds with the interests of other parties. Guthrie walks the reader through various governance scenarios by explaining the reasoning behind shareholder, executive, and board decisions and through vignettes of these situations playing out in real life"--
Subjects: Boards of directors, Stockholders, Corporate governance, Executives, Economics