Revolt in the Boardroom : The New Rules of Power in Corporate America

The noted "Wall Street Journal" columnist uncovers the tectonic power shift in the corporate C-suite of the last five years - one that has made the life and tenure of today's CEO nasty, brutish, and short - and uncovers how the Internet and politicised shareholder groups will forever change how CEOs perform their jobs. The imperial CEO is gone. In its place is a new, and often messy, system of board rule, in which a group of people, many of whom have relatively little experience in business, are holding sway over corporate titans, and in which an array of new interest groups - shareholders, regulators, hedge funds, employees, and labor unions - are learning to successfully flex their muscle. This book would tell the tumultuous inside story of that revolution, examine what caused it, and explore what it means for the future of American business.