The firm divided : manager-shareholder conflict and the fight for control of the modern corporation / Graeme Guthrie
- Author:
- Guthrie, Graeme A. (Graeme Alexander), 1967-
- Published:
- New York, NY : Oxford University Press, 2017.
- Physical Description:
- 1 online resource
- Access Online:
- ezaccess.libraries.psu.edu
- Contents:
- Machine generated contents note: pt. ONE MONITOR -- 1.A gadfly in the ointment: The consequences of separating ownership and control -- 2.Whose side are you on? The role of the board of directors -- 3.Overseeing the unseeable: The conflict between managers and shareholders -- pt. TWO MOTIVATE -- 4.Narrowing the gap: The incentives generated by managerial ownership -- 5.A primer on pay: Executive compensation and efficient contracting -- 6.Hiding high pay: Executive compensation and managerial power -- 7.Separating the wheat from the chaff: Incentives generated by executives' career concerns -- pt. THREE DELEGATE -- 8.With one hand tied behind their back: Delegating monitoring to external capital markets -- 9.No skin in the game: Delegating monitoring to financial analysts -- 10.Crashing the party: Delegating monitoring to large shareholders -- pt. FOUR SELL -- 11.A new broom: The market for corporate control -- 12.Bypassing the board: Offensive tactics in hostile takeovers -- 13.Fighting back: Defensive tactics in hostile takeovers -- pt. FIVE THE RULES OF THE GAME MATTER AS WELL -- 14.Caught in the middle: Reforming the legal and regulatory environment.
- Summary:
- This text investigates the conflict between the managers and shareholders of large corporations.
- Subject(s):
- ISBN:
- 9780190641214 (ebook)
- Audience Notes:
- Specialized.
- Note:
- Previously issued in print: 2017.
- Bibliography Note:
- Includes bibliographical references and index.
View MARC record | catkey: 28928170