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The Activist Director: Lessons from the Boardroom and the Future of the Corporation

Columbia Univ. 2016. 240p. ISBN 9780231181341. $27.95; ebk. ISBN 9780231543569. BUS
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Millstein (coauthor, The Recurrent Crisis in Corporate Governance) is founding chair of Columbia University Law School's Ira M. Millstein Center for Global Markets and Corporate Ownership, as well as senior partner of the international law firm Weil, Gotshal & Manges LLP. His qualifications and experience are exhaustive. Millstein has worked with several gubernatorial and presidential administrations as well as being a consultant to corporations and governments on governance. He here emphasizes what he's learned throughout his career, including the need for corporate boards of directors to take a proactive role in the running of corporations and governmental agencies and to challenge managements and administrations in their operations. Millstein's vast history gives weight to his comments and his relating of concrete events with the likes of General Motors and ConEd as well as the city and state of New York lends authority to his recommendations.
VERDICT This book needs to be available to students, academics, and practitioners of corporate and municipal governance.
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