Money for nothing: how the failure of corporate boards is ruining American business and costing us trillions

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Pub. Date:
2010.
Language:
English
Description
Of the world's two hundred largest economies, more than half are corporations. They have more influence on our lives than any other institution, but while boards of directors are supposed to police CEOs and provide independent leadership, they have become enabling lapdogs rather than trustworthy watchdogs. As America contends with the worst economic crisis since the Great Depression, all eyes are turning to the corporate leaders who have perpetrated such egregious failures, padding their own pockets with grossly inflated pay packages even as their businesses fall to ruin, asking, How could things have gone so terribly wrong? How could the stewards of American business--who are supposed to be the gold standard of the global economy--turn out to be so incompetent? Taking readers right into the boardrooms and behind the scenes of the lavish C-Suites, John Gillespie and David Zweig have interviewed a host of upper-echelon managers and board members at leading companies, from Exxon and Citigroup and Home Depot to Countrywide, to shine a glaring light on the clubby culture of the business elite. The book reveals just how the machinations of good governance have broken down, replaced by a compromised system plagued by greed and see-no-evil culpability, and also reports on a handful of pioneering companies who are bold leaders in corporate reform, offering powerful proof that the system most certainly can be fixed.
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ISBN:
9781416597704
9781416559931
9781400195534
141659776
9781416597766
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Grouping Information

Grouped Work ID 8fee41fd-7df0-9691-4171-9acd7c2039f1
Grouping Title money for nothing how the failure of corporate boards is ruining american business and costing us tr
Grouping Author gillespie john
Grouping Category book
Last Grouping Update 2019-08-15 01:04:28AM
Last Indexed 2019-08-23 05:25:58AM

Solr Details

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auth_author2 Foster, Mel.
Zweig, David, 1955-
author Gillespie, John, 1953-
author2-role Foster, Mel.
Zweig, David,1955-
hoopla digital.
author_display Gillespie, John
available_at_englewood Englewood Public Library
detailed_location_englewood EPL Non-Fiction
display_description An exposé of what the authors identify as leadership failures by top American CEOs reveals their direct role in present-day economic challenges, explaining how board-room culpability and appropriate compensation packages can be strategically improved.
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primary_isbn 9781416597704
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hoopla:MWT10756223 eAudiobook Audio Books Unabridged. English Tantor Audio , 2010. 1 online resource (1 audio file (600 min.)) : digital.
ils:.b29430239 Book Books 1st Free Press hardcover ed. English Free Press, 2010. xii, 306 pages ; 24 cm.
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subject_facet Boards of directors -- United States
Chief executive officers -- Professional ethics -- United States
Corporate governance -- United States
Corporations -- Corrupt practices -- United States
title_display Money for nothing : how the failure of corporate boards is ruining American business and costing us trillions
title_full Money for nothing : how the failure of corporate boards is ruining American business and costing us trillions / John Gillespie and David Zweig
Money for nothing : how the failure of corporate boards is ruining American business and costing us trillions [electronic resource] / John Gillespie and David Zweig
title_short Money for nothing :
title_sub how the failure of corporate boards is ruining American business and costing us trillions
topic_facet Boards of directors
Chief executive officers
Corporate governance
Corporations
Corrupt practices
Professional ethics