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Corporate Governance, 5th Edition

ISBN: 978-0-470-97274-8

December 2011

544 pages

Description
In a business environment that is increasingly volatile, it is essential for business students to understand the relationships between managers, boards of directors, shareholders, and investors.

The new edition of this acclaimed text offers an indispensable guide to the key concepts of corporate governance every student and business professional should know. It includes more exercises and student questions, penetrating analysis of the latest examples of corporate failure and controversy, and the lively "cases in point" which have characterized previous editions. The fully revised, web-based Instructor Manual is available to adopters, together with a web link to The Corporate Library, the leading independent research firm in the field.

“Monks and Minow have produced a trove that defines a field. Their fifth edition of Corporate Governance unpacks and exposes the intricacies, conflicts and misalignments that too often characterize today’s global capital market. And they do it in a readable format that is bound to remain the essential, encyclopedic resource for anyone probing the way public companies really work.”
Stephen Davis, Executive Director, Millstein Center for Corporate Governance-& Performance Yale School of Management

“Robert Monks and Nell Minow have been key contributors to corporate governance debates and developments for many years. This widely used textbook, now in its fifth edition, provides readers with the benefit of the insights and wisdom they have accumulated in the process.”
Professor Lucian A. Bebchuk, Harvard Law School

“Monks & Minow has become the authoritative teaching text book in corporate governance.  There is no real rival.  It has long been a must read for any serious student of corporate governance and has been a required purchase in my corporate governance seminar since it first appeared in 1995.  No corporate governance library would be complete without a copy.”
Charles M. Elson , John L. Weinberg Center for Corporate Governance, Alfred Lerner College of Business & Economics, University of Delaware

“Monks and Minow are acknowledged pioneers in the corporate governance movement; articulate, honest, and constructive activists, of which we need more.  They will make managers, boards, shareholders and regulators, and all of us, "think" hard about personal values and objectives, let alone those of the corporation. No one else has undertaken this task as comprehensively, using text and case examples.”
Ira Millstein, Senior Partner, Weil, Gotshal & Manges LLP., Theodore Nierenberg Adjunct Professor of Corporate Governance at the Yale School of Management

“The fifth edition of Monks and Minow's classic adds to their already rich study of corporate governance a timely reflection on the challenges presented by the recent financial crisis. From this important book, students, academics, practitioners, politicians and the general public will receive a wealth of insight and analysis derived from the vast knowledge and experience of the book's distinguished authors.”
Professor Andrew T. Williams, Co-Author of The Rise of Fiduciary Capitalism Associate, The Elfenworks Center for the Study of Fiduciary Capitalism, Saint Mary’s College of California.

“Corporate governance defines the system of checks and balances required to keep corporations vital, focused and poised to take advantage of change. In this book, Monks and Minow lucidly describe the structures and processes of governance and illuminate their text with relevant and up-to-date case studies. This is the one volume you need in order to understand the fundamental issues currently facing the corporate world and those it serves; I cannot commend it too highly.”
Adrian Cadbury

“In the 5th edition of ‘Corporate Governance’, Bob Monks and Nell Minow provide an interesting, exciting and thought-provoking exposition of the state of corporate governance across the world today.  Key areas of particular interest are discussed with a deep and discerning insight whilst a rich tapestry of case studies provides the reader with real world illustrations of the issues which may arise.  The book is comprehensive in its coverage and with its extensive use of topical examples is a ‘must buy’ for everyone with an interest in corporate governance.”
Chris Mallin, Professor of Corporate Governance and Finance, Director Centre for Corporate Governance Research, Birmingham Business School, University of Birmingham, UK

About the Author
Robert A.G. Monks and Nell Minow are founders of GovernanceMetrics International, the leading independent research firm dedicated to corporate governance. Formerly principals of the Lens Fund and officers of Institutional Shareholder Services, Monks & Minow have also collaborated on two other books: Power and Accountability and Watching the Watchers.