Publisher description for Corpocracy : how CEOs and the business roundtable hijacked the world's greatest wealth machine and how to get it back / Robert A.G. Monks.


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An inside look at how corporations subvert the public good for their own benefit
Instead of being ruled by laws, corporations today write their own regulations, reward CEOs with exorbitant pay, disdain their real owners, and despoil the political process and the environment, all in the name of "wealth creation" and "corporate welfare." This clear and careful analysis by one of the nation's leading shareholder activists shows how corporations seized control, how they have abused their power, and what we can do to rein them in again. The excesses of Big Business are sure to be a key issue in the 2008 presidential campaign, and Corpocracy will lead the debate.
Robert A.G. Monks (Cape Elizabeth, ME) is the Founder of ISS, The Corporate Library, the LENS Fund, and Governance for Owners. A former CEO and director of numerous companies, he was named a founding trustee of the Federal Employees' retirement system by Ronald Reagan.


Library of Congress subject headings for this publication:
Corporations -- Moral and ethical aspects.
Chief executive officers -- Moral and ethical aspects.
Corporate governance.