Power and Accountability: Restoring the Balances of Power Between Corporations and Society by Robert A. G. Monks
The fate of corporations, the decisions they make or fail to make, is inextricably tied to the financial well-being of millions of shareholders - and these people are not just professional investors but also retired school teachers, policeman and factory workers. Yet, corporations are not meaningfully accountable to them. The business news is a chronicle of a mighty few effecting the fortunes and lives of a powerless many. This book discusses the realities of power and accountability and capitalist responsibilities for those that wield power.