The Rise of the Rogue Executive
How Good Companies Go Bad and How to Stop the Destruction
Published on 19. August 2015
Book
Paperback/Softback
288 pages
978-0-13-290616-6 (ISBN)
Description
Financial scandals aren't unknown in US business history, but today's growing problem of executive excesses and self serving behavior is unprecedented in both its persistence and pervasiveness. Executives continue to plunder their companies and rip off their stockholders. This book reveals the true breadth and depth of corporate corruption -- including flagrant new cases that haven't received the publicity they deserve. More important, it answers the questions that matter most: Why now? And how can we stop it? Sayles is one the world's most honored management experts. As in-house corporate anthropologist at Arthur Andersen, Smith had a unique vantage point on the cultural changes that led to Andersen's collapse. Together, they identify powerful forces that cut across management, finance, the economy, politics, even psychology. Along the way, they identify rarely-discussed contributing factors such as the consulting boom, new technologies used by accounting and auditing professionals, the transformation of b-schools, journalism, and the media in general. This book addresses both criminal activity and the not-quite-illegal abuses that are now endemic in the executive suite -- abuses that challenge the underpinnings of capitalism. Its deep insights will help both leaders and citizens understand exactly what's happened and what is needed to stem the tide of destructive behavior.
More details
Language
English
Place of publication
Upper Saddle River
United States
Publishing group
Pearson Education (US)
Target group
Professional and scholarly
Dimensions
Height: 229 mm
Width: 152 mm
Weight
431 gr
ISBN-13
978-0-13-290616-6 (9780132906166)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Dr. Leonard R. Sayles received his doctorate from MIT in Industrial Economics. He has been a professor at the Columbia University Graduate School of Business for four decades; now Emeritus.
In a series of research projects and books, he helped transform conventional views of business leadership. His widely-cited leadership studies won a number of national awards in America, and many were republished in Europe, Latin America, and Asia.
He advised the head of NASA in its formative years and published a major study of its management methods sponsored by the National Academy of Science. He also has been a consultant to major American corporations.
He lives with his wife in Dobbs Ferry, New York, and Naples, Florida.
Dr. Cynthia J. Smith is an anthropologist who has conducted numerous field-based studies of businesses. She is co-author of Inside Arthur Andersen: Shifting Values, Unexpected Consequences. This book is an analysis of events deriving out of the Enron collapse that led to the fall of Arthur Andersen. The book traces the decades-long shifts in values of the firm, with emphasis on changes in leadership over time. Dr. Smith was a member of Arthur Andersen's Management Development Group during the 1980s.
During the 1990s, Dr. Smith spent several years collecting field-based data on three Silicon Valley-based, "new economy" companies. She was inside each of these organizations for one to two years, which makes the data distinctive from typical academic studies or journalistic access. These primary research materials are used in our analysis.
Dr. Smith is a lecturer at The Ohio State University.
(c) Copyright Pearson Education. All rights reserved.
In a series of research projects and books, he helped transform conventional views of business leadership. His widely-cited leadership studies won a number of national awards in America, and many were republished in Europe, Latin America, and Asia.
He advised the head of NASA in its formative years and published a major study of its management methods sponsored by the National Academy of Science. He also has been a consultant to major American corporations.
He lives with his wife in Dobbs Ferry, New York, and Naples, Florida.
Dr. Cynthia J. Smith is an anthropologist who has conducted numerous field-based studies of businesses. She is co-author of Inside Arthur Andersen: Shifting Values, Unexpected Consequences. This book is an analysis of events deriving out of the Enron collapse that led to the fall of Arthur Andersen. The book traces the decades-long shifts in values of the firm, with emphasis on changes in leadership over time. Dr. Smith was a member of Arthur Andersen's Management Development Group during the 1980s.
During the 1990s, Dr. Smith spent several years collecting field-based data on three Silicon Valley-based, "new economy" companies. She was inside each of these organizations for one to two years, which makes the data distinctive from typical academic studies or journalistic access. These primary research materials are used in our analysis.
Dr. Smith is a lecturer at The Ohio State University.
(c) Copyright Pearson Education. All rights reserved.
Content
Acknowledgments.
About the Authors.
Introduction.
1. The Tipping Point: How Good Companies Go Bad and Executives Become Rogues.
2. American Business at Risk: Picking Up the Pieces and Looking Ahead.
3. The Stock Market and Executive Decision Making.
4. Black Boxes and Big Black Lies.
5. The Shocking Destruction of Arthur Andersen, Auditing's Gold Standard.
6. Auditing the Public's Auditors.
7. Directors: Why the Weak Oversight.
8. Too Silent Critics: Journalism.
9. Too Silent Critics: Academe.
10. Fees Galore.
11. How We Nearly Lost American Capitalism.
12. The Mythic CEO: Why Real Leaders Became an Endangered Species.
13. Seeking and Valuing Real Leadership.
14. We Can Do Better.
Endnotes.
From the Authors.
Addendum: Supreme Court Overturns Arthur Andersen.
Conviction.
Index.
About the Authors.
Introduction.
1. The Tipping Point: How Good Companies Go Bad and Executives Become Rogues.
2. American Business at Risk: Picking Up the Pieces and Looking Ahead.
3. The Stock Market and Executive Decision Making.
4. Black Boxes and Big Black Lies.
5. The Shocking Destruction of Arthur Andersen, Auditing's Gold Standard.
6. Auditing the Public's Auditors.
7. Directors: Why the Weak Oversight.
8. Too Silent Critics: Journalism.
9. Too Silent Critics: Academe.
10. Fees Galore.
11. How We Nearly Lost American Capitalism.
12. The Mythic CEO: Why Real Leaders Became an Endangered Species.
13. Seeking and Valuing Real Leadership.
14. We Can Do Better.
Endnotes.
From the Authors.
Addendum: Supreme Court Overturns Arthur Andersen.
Conviction.
Index.