000 04239nam a22004815i 4500
001 978-0-387-23231-7
003 DE-He213
005 20161121230852.0
007 cr nn 008mamaa
008 100301s2005 xxu| s |||| 0|eng d
020 _a9780387232317
_9978-0-387-23231-7
024 7 _a10.1007/b100414
_2doi
050 4 _aHF5387-HF5387.5
072 7 _aKJG
_2bicssc
072 7 _aBUS008000
_2bisacsh
082 0 4 _a174.4
_223
100 1 _aCory, Jacques.
_eauthor.
245 1 0 _aBusiness Ethics
_h[electronic resource] :
_bThe Ethical Revolution of Minority Shareholders /
_cby Jacques Cory.
264 1 _aBoston, MA :
_bSpringer US,
_c2005.
300 _aVIII, 269 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aThe Inefficient Safeguards of the Minority Shareholders -- The Attitude of Society -- The Excessive Privileges of the Majority Shareholders -- Internet and Transparency as Ethical Vehicles -- Ethical Funds -- Activist Associations, ‘Transparency International’, ‘Adam’ -- Case Study of the French Company Loskron -- Case Study of the Israeli/American Company Furolias -- Case Study of the Israeli Companies Erinsar and Soktow -- Case Study of the American Company Mastoss -- Class Actions -- 36 Laws of Wrongdoing to Minority Shareholders in Unethical Companies -- Conclusion.
520 _aBusiness Ethics: The Ethical Revolution of Minority Shareholders is a pioneer and original work in the domain of ethics in the relations between companies and minority shareholders. The book puts into context the motives of the controlling shareholders, who operate in collaboration with the management of their companies, in order to maximize their profits, very often at the expense of the small shareholders who do not possess insider information. This volume describes how the traditional safeguards of the rights of shareholders, namely the law, the SEC, boards of directors, independent directors, auditors, analysts, underwriters and the press, are inefficient in many cases toward minority shareholders. New vehicles are needed for the ethical revolution of the minority shareholders, such as the Internet, Transparency and Activist Associations, enabling them to have at least the chance to understand the pattern and methods that wrong them and how they have for the first time an alternative to invest in Ethical Funds with 13% of all investments under professional management in the US and investments of billions of Euros in Europe. Ethical investing is screened to reflect ethical environmental, social, political or moral values. The empirical part of the book presents four cases of US, French and Israeli companies, most of them in high-tech, in which the minority shareholders lose almost all of their investments. The cases are based on current events and try to find the common aspects and basic rules that govern the wrongdoing to minority shareholders. The book concludes that once the minority shareholders, who are ultimately all of us, are assisted by the new vehicles of Ethics, and are properly organized, motivated and conscious of their strengths, they will be able to win their fight and safeguard their interests. Business Ethics is primarily intended for the academic market and is particularly appropriate for academics in business administration, ethics and finance. It should also appeal strongly to a professional business/finance market, but to minority shareholders as well, who are aware of the wrongdoing committed to them and who want to remedy the situation by activist conduct.
650 0 _aBusiness.
650 0 _aManagement.
650 0 _aBusiness ethics.
650 0 _aFinance.
650 0 _aEthics.
650 1 4 _aBusiness and Management.
650 2 4 _aBusiness Ethics.
650 2 4 _aEthics.
650 2 4 _aFinance, general.
650 2 4 _aManagement.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9780387230405
856 4 0 _uhttp://dx.doi.org/10.1007/b100414
912 _aZDB-2-SBE
950 _aBusiness and Economics (Springer-11643)
999 _c505154
_d505154