lessons from the boardroom and the future of the corporation /
First Statement of Responsibility
Ira M. Millstein.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
[Place of publication not identified] :
Name of Publisher, Distributor, etc.
COLUMBIA University Press,
Date of Publication, Distribution, etc.
2017.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource.
SERIES
Series Title
Columbia Business School publishing
CONTENTS NOTE
Text of Note
A mess that can't be fixed? -- The board-centric imperative -- Revolt in the boardroom: the story of General Motors -- General Motors as catalyst -- Drexel: the most feared firm on Wall Street -- Dead broke: New York City's 1970s fiscal crisis -- Lights out: the Con-Ed blackout -- Shedding light on shadow government in New York State -- Planned Parenthood: a corporate governance success story -- Conclusion.
0
SUMMARY OR ABSTRACT
Text of Note
Some of the worst corporate meltdowns over the past sixty years can be traced to passive directors who favored operational shortcuts over quality growth strategies. Thinking primarily about placating institutional investors, selective stockholders, proxy advisors, and corporate management, these inattentive and deferential board members have relied on short-term share price increases to sustain their companies long term. Driven by a desire for prosperity, not posterity, these actions can doom any company. InThe Activist Director, attorney Ira M. Millstein looks back at fifty years of counseling companies, nonprofits, and governments to actively govern their corporations and constituencies. From the threat of bankruptcy and the ConEd blackout of 1970s New York City, to the meltdown of Drexel Burnham Lambert in the late 1980s, to the turnaround of General Motors in the mid-1990s, Millstein takes readers into the boardrooms of several of the greatest catastrophes and success stories of America's best-known corporations. His solution lies at the top: a new breed of activist directors who partner with management and reject short-term outlooks, plan a future based on growth and innovation, and take responsibility for corporate organization, strategy, and efficiency. What questions should we ask of potential board members and how do we know they'll be active? Millstein offers pragmatic suggestions for recruiting activist directors to the boardroom to secure the future of the corporation.
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
JSTOR
Source for Acquisition/Subscription Address
OverDrive, Inc.
Stock Number
22573/ctt1hj9tfx
Stock Number
2C6DAFBE-B571-47A4-9DC4-80D0F22C01CE
OTHER EDITION IN ANOTHER MEDIUM
Title
Activist director : lessons from the boardroom and the future of the corporation.
International Standard Book Number
9780231181341
TOPICAL NAME USED AS SUBJECT
Boards of directors-- United States.
Corporate governance-- United States.
Corporations-- Investor relations-- United States.