Manager Kings, Ownerless Companies
Reuters TV -- Longtime shareholder activist Robert A.G. Monks explains why companies are better off when they have engaged owners. Monks discusses his book “Citizens DisUnited” with Breakingviews Editor Rob Cox...
Jun 12, 2013
Society's Decay Rewards Wrongdoers
Ralph Nader/Huffington Post blog -- It's much better to predict good news. But as it now stands in our country, many problems that emerged years ago have developed into sheer catastrophes, despite the many warnings of forward-thinking experts, scholars and observers...
Jun 11, 2013
Maine Author: Rise in Corporate Power Threatens American Democracy
Maine Public Radio -- Bob Monks has been trying for years to get shareholders more deeply involved in running the corporations they own. But Monks, a businessman and former government official from Cape Elizabeth, admits the effort has failed. Monks explores why in his new book, Citizens DisUnited...
Jun 3, 2013
Reining in the Corporation
Huffington Post blog -- It's a sad state when such outright corporate hypocrisy becomes standard fare...
May 31, 2013
Time for investors to step up and bring corporate drones to account
Financial News -- In a new book, Citizens DisUnited, Robert Monks argues chief executives in the US have become dangerously powerful, now corporate voting control has spread across an increasingly broad range of disinterested investors.
May 27, 2013
The C.E.O. Triumphant (at Least at Apple and Chase)
New York Times -- Last week at JPMorgan shareholders voted against splitting the jobs of chairman and chief executive officer, both held by Jamie Dimon...
May 25, 2013
A Diverse Board Is an Independent Board
Harvard Business Review -- Good corporate governance is about many things — boards that act independently, robust shareholder rights, accurate accounting, reasonable and fair executive compensation, and so on. No single parameter defines good governance.
May 24, 2013
Somebody Give Bill Gates and Drew Faust a Copy of Citizens Disunited
Guernica Magazine -- The new book by “class traitor” Robert Monks shows a system at its breaking point—and names the twenty-four Americans who can fix it...
May 21, 2013
Patriotic Yardsticks for Unpatriotic Giant Corporations
Nader.org -- Why are big, global U.S. corporations so unpatriotic? After all, they were created in the U.S.A., rose to immense profit because of the toil of American workers, are bailed out by American taxpayers whenever they’re in trouble, and are safeguarded abroad by the U.S. military...
May 16, 2013
A primer for taming power
Institute for Policy Studies -- The 79-year-old corporate gadfly Robert Monks, the former top federal regulator over America’s pension system, earlier this year opined that Corporate America operates "for the personal enrichment and glorification of its manager-kings."
May 16, 2013
'Carl Icahn Deserves The Nobel Prize'
Forbes.com -- According to my old friend Robert A.G. Monks — at 80 years of age still the sharpest thinking corporate governance guru in the world– Carl Icahn, the 77 year old summa cum laude graduate of Princeton University (the wealthiest man on Wall Street), should get the Nobel for leading America’s hedge fund community to the dynamic legitimization of the corporate governance...
May 15, 2013
Interlocking Directorates, Powerful Chairmen, Tenuous Commitment
Value Alliance Digest -- This article is an excerpt from Chapter 6 of Robert A.G. Monks' new book Citizens DisUnited ...
May 15, 2013