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The Activist Director: Lessons from the Boardroom and the Future of the Corporation
Ira Millstein
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Description for The Activist Director: Lessons from the Boardroom and the Future of the Corporation
Hardback. Series: Columbia Business School Publishing. Num Pages: 240 pages, 16 black & white illustrations. BIC Classification: KJM; KJR; KJZ. Category: (P) Professional & Vocational. Dimension: 216 x 140 x 25. Weight in Grams: 431.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Columbia University Press
Condition
New
Series
Columbia Business School Publishing
Number of Pages
240
Place of Publication
New York, United States
ISBN
9780231181341
SKU
V9780231181341
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Ira Millstein
Ira M. Millstein is a senior partner in the international law firm of Weil, Gotshal & Manges LLP. He is an adjunct professor and founding chair of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School and the author of several books, including The Recurrent Crisis in Corporate Governance (2003).
Reviews for The Activist Director: Lessons from the Boardroom and the Future of the Corporation
Far too many corporate directors have failed to honor their responsibility to manage the corporations they serve for the benefit of the firm's shareholders. In this powerful and articulate book, attorney and board consultant Ira M. Millstein aims to drive a stake into director passivity, and create a new model for the activist director. It is a grand and important ... Read more