By Alan Murray

Murray is the assistant managing editor of the Wall Street Journal and has written two books covering investing and the relationship between corporations and politics. Here he examines how CEOs, once the rock stars of the 1990s, are now being put under the microscope by board members, shareholders, the government, and even underling employees. In the last several years, powerful CEOs have been forced out for poor performance or improprieties, something almost unheard of in the past. According to Murray, public corporations are in the midst of radical change due to governmental oversight and high demands from shareholders and the public, and the role of the CEO may be greatly diminished as a result. He takes us inside the boardrooms of companies such as GM, Enron, and WorldCom during periods of crisis and shows how the scandals and corruption of the recent past have created a sense of paranoia and a zero-tolerance atmosphere. Although many may applaud this new shift of power, Murray explores how the ramifications of governance by committee may have drawbacks of its own.

Published Date: 08/05/2007 Format: HardBack ISBN: 978-0-06-088247-1 Publisher: - Rating: Retail price: US Dollar $ 25.95 (Rs. 1,856.46) Our price: Rs. 1,495.00 You Save: Rs. 361.46 Reviews: 0 reivew(s).

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