The Activist Director

The Activist Director
Author :
Publisher : Columbia University Press
Total Pages : 240
Release :
ISBN-10 : 9780231543569
ISBN-13 : 0231543565
Rating : 4/5 (565 Downloads)

Book Synopsis The Activist Director by : Ira M. Millstein

Download or read book The Activist Director written by Ira M. Millstein and published by Columbia University Press. This book was released on 2016-12-20 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. In The 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.


The Activist Director Related Books

The Activist Director
Language: en
Pages: 240
Authors: Ira M. Millstein
Categories: Business & Economics
Type: BOOK - Published: 2016-12-20 - Publisher: Columbia University Press

DOWNLOAD EBOOK

Some of the worst corporate meltdowns over the past sixty years can be traced to passive directors who favored operational shortcuts over quality growth strateg
The Activist Director
Language: en
Pages: 240
Authors: Ira Millstein
Categories: Business & Economics
Type: BOOK - Published: 2018-12-07 - Publisher: Columbia Business School Publi

DOWNLOAD EBOOK

Some of the worst corporate meltdowns over the past sixty years can be traced to passive directors who favored operational shortcuts over quality growth strateg
Hedge Fund Activism
Language: en
Pages: 76
Authors: Alon Brav
Categories: Business & Economics
Type: BOOK - Published: 2010 - Publisher: Now Publishers Inc

DOWNLOAD EBOOK

Hedge Fund Activism begins with a brief outline of the research literature and describes datasets on hedge fund activism.
The Activist Academic
Language: en
Pages: 264
Authors: Colette Cann
Categories: Education
Type: BOOK - Published: 2020-05-29 - Publisher: Myers Education Press

DOWNLOAD EBOOK

Donald Trump’s election forced academics to confront the inadequacy of promoting social change through the traditional academic work of research, writing, and
Activist Shareholders in Corporate Governance
Language: en
Pages: 243
Authors: Tim Bowley
Categories: Business & Economics
Type: BOOK - Published: 2023-01-12 - Publisher: Bloomsbury Publishing

DOWNLOAD EBOOK

This book explores the regulatory challenges of public company shareholder activism. Around the world, policy makers, practitioners and academics debate how bes