Corpocracy

About This Book

"In Corpocracy, longtime corporate lawyer, venture capitalist, and shareholder activist Robert Monks reveals how corporations seized control, how they abuse their power, and what we can - and must - do to rein them in. In this clear and careful analysis, Monks outlines a plan for reconciling the competing interests of corporations and society through thoughtful shareholder activism that protects the interests of corporations and everyone else. Shareholder control over large corporations is as weak as it has ever been. Not only are corporations rarely held to account by government regulation, they face even less control by those whose interests they ostensibly serve. Yet, when engaged and active, shareholders still hold the power to influence corporate behavior and governance in ways that can benefit everyone. Corporate capitalism is still the best chance for mankind to improve life on earth. But corporations must be made to operate within the rules of legitimate authority without retarding their ability to create wealth. It's up to us to find a path that reins in corporations without stifling their ability to innovate and profit. Corpocracy is the map that will guide us to better corporations and a better world for us all."--Jacket.