Strong Managers, Strong Owners

'Strong Managers, Strong Owners raises critical questions that have not been asked before. Corporation mythology is clear that the enterprise is run for the benefit of the owners. The circumstances now confronting us require attention to the dispersion and confusion of shareholdings. We are approaching a time when nobody really knows who are the owners of the large publicly traded companies. Everyone needs to understand that the assumptions behind our conclusions about corporate governance are no longer valid - this book is a splendid entree into the questions of the new time. You should read it.' Robert A. G. Monks, shareholder activist, author and co-founder of Institutional Shareholder Services, Lens Investment Management, Lens Governance Advisors and The Corporate Library 'To those who think corporate governance is primarily or even exclusively a legal concern of listed firms, Korine and Gomez provide persuasive evidence to the contrary. Strong Managers, Strong Owners describes the tight connection between corporate governance and strategy and shows how family firms, partnerships, and even start-ups can benefit from considering how the different interests of managers and owners influence the direction of the firm.' Martin Hilb, Institute for Leadership and Human Resource Management (IFPM), University of St Gallen 'A must-read for business leaders. This book tackles the challenge of managing the evolution of business and the inevitable tension between those who own the company and those who manage it. The inflexion point is the board. Accepting that change is a constant becomes a requirement to make strategic decisions.' Luis Novella, Chairman, Institute of Directors in France, and Managing Director, Invyctus Group