Shareholder Rebellion: How Investors Are Changing the Way America's Companies Are Run Book

Shareholders are fighting entrenched management - and winning! Shareholder Rebellion takes you behind the scenes, detailing the battles and personalities that led to the ousting of corporate executives of such blue-chip companies as General Motors, Sears, and Goodyear. Though still in its embryonic stage, shareholder activism is fast-becoming one of the most important trends in corporate America. Not only is this changing the face of corporate America, it's leading to the growth of healthier companies, more responsive management, and a stronger national economy. Specific topics include how intransigent corporate executives thwart shareholder interests, why new SEC regulations make it easier for shareholders to challenge management, the use of proxy contests to replace ineffective board members, the growing clout of institutional investors in corporate boardrooms, and what shareholders can do to change the way companies are run. Slowly but surely, corporate executives are realizing that they are the hired caretakers of other people's money - not nobility placed there by divine right. Every shareholder, whether you own five or 500,000 shares, should read this vitally important book.