Corpocracy

Corpocracy

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FL/701990/R
Russian
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Power in the United States belongs to corporations, and in corporations themselves everything is subordinate to the CEO. How did it happen that once modest managers, whose main task was to work day after day for the interests of shareholders and investors, suddenly turned into heroes of the front pages of the business and glossy press? Why is their remuneration - tens of millions of dollars - comparable to the income of show business figures or athletes? On what basis does a CEO whose company's shares have fallen in price still receive a substantial severance pay when leaving his post? A lawyer and businessman who has devoted himself to the fight for the rights of shareholders discusses the reasons for the current situation and how to change it. Corpocracy (Latin corporatio - association, community + gr. kratos - power) is the power of a corporation: a form of government in which The ultimate power is vested in corporations and is exercised directly by them or by elected and appointed representatives acting on their behalf.

FL/701990/R

Data sheet

Name of the Author
Роберт Монкс
Language
Russian
Translator
Марина Вторникова

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Corpocracy

Power in the United States belongs to corporations, and in corporations themselves everything is subordinate to the CEO. How did it happen that once modest m...

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