"Who owns the modern company? And how should owners behave? Rolf H. Carlsson brings a fresh eye and historical depth to the issue of ownership, management and value creation that every firm and its owners must consider."
Frances Cairncross, Management Editor, The Economist

"Rolf H. Carlsson gives a valuable historical review and illustrates with cases how active ownership has played an important role in company development...gives...interesting views on where corporate governance is heading and...advice on how to make it work well."
Percy Barnevik, Chairman of ABB, AstraZeneca, Investor, and Sandvik; Director (non-exec.) of GM

"The nuanced and rich analysis of ownership competence which can be found in Rolf H. Carlsson's book goes far beyond the traditional debate and provides truly interesting and valuable insights for investors, industrialists, entrepreneurs, and owners both in the private and the public sectors."
Richard Normann, Professor, Chairman of SMG

"Rolf H. Carlsson (analyses the) process...of (creating) long-term shareholder value...in which our model for corporate governance is key, and provides valuable insights into our approach to business."
Marcus Wallenberg, CEO, Investor AB

"Rolf H. Carlsson's...book on ownership (has been) eagerly awaited by the governance community. Carlsson is uniquely able to illumine those areas in which Swedish corporate structuring has been ahead of the world. It is a book that we all look forward to reading."
Robert A. G. Monks, Principal, Lens Investment Management

"Carlsson...outlines a powerful frame of reference and analytical tools to address issues of value creation and the role of active owners. This book is a significant contribution to the all-important issues of corporate governance. I was intrigued and pleased to read it."
Richard H. Koppes, Jones Day and Stanford Law School; former General Counsel, CalPERS

"...adds new perspectives by highlighting the demanding challenges of globalisation. A remarkable new book on the crucial issues of ownership and corporate governance."
Dr R. Marsch-Barner, Senior Counsel, Deutsche Bank AG

"This innovative book puts the spotlight on those who have the ultimate responsibility for corporate governance, the owners. It provides useful insight into the ways of effective ownership."
Professor Jay W. Lorsch, Harvard Business School
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"Who owns the modern company? And how should owners behave? Rolf H. Carlsson brings a fresh eye and historical depth to the issue of ownership, management and value creation that every firm and its owners must consider. " Frances Cairncross, Management Editor, The Economist "Rolf H.
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Endorsements.

Preface.

Acknowledgements.

Introduction.

ACTIVATING AND RENEWING OWNERSHIP: Emergence, Driving Forces, Current Agendas, and Future of Corporate Governance.

An Introduction to Corporate Governance.

The CalPERS Story: Pioneering and Establishing Corporate Governance in the USA.

US Corporate Governance since the mid 1990s and Current Agenda.

The Combined Code and Corporate Governance in the UK.

Germany - the Big Challenge.

France: Le Corporate Governance -
Now's the Time?

Japan -
A New Restoration in the Offing?

Convergence or Confusion? Summing Up Country Analyses.

Corporate Governance -
Where Will It Go?

OWNERSHIP MAKES A DIFFERENCE: A Case Study of the Wallenberg Sphere.

Ownership Makes a Difference.

The Wallenberg Sphere and the Future.

CONCEPTUALISATION AND PROFESSIONALISATION.

Ownership and Value Creation -
Towards a Conceptual Framework.

Strategic Corporate Governance -
How to Make It Work?

Appendix 1: Interview List.

Appendix 2: Frame of Reference.

Appendix 3: The Wallenberg Sphere. Facts, Critical Events, and Examples of Active Ownership. Appendix to Part II.

Notes.

References.

Index.
Les mer
"Who owns the modern company? And how should owners behave? Rolf H. Carlsson brings a fresh eye and historical depth to the issue of ownership, management and value creation that every firm and its owners must consider."
Frances Cairncross, Management Editor, The Economist

"Rolf H. Carlsson gives a valuable historical review and illustrates with cases how active ownership has played an important role in company development...gives...interesting views on where corporate governance is heading and...advice on how to make it work well."
Percy Barnevik, Chairman of ABB, AstraZeneca, Investor, and Sandvik; Director (non-exec.) of GM

"The nuanced and rich analysis of ownership competence which can be found in Rolf H. Carlsson's book goes far beyond the traditional debate and provides truly interesting and valuable insights for investors, industrialists, entrepreneurs, and owners both in the private and the public sectors."
Richard Normann, Professor, Chairman of SMG

"Rolf H. Carlsson (analyses the) process...of (creating) long-term shareholder value...in which our model for corporate governance is key, and provides valuable insights into our approach to business."
Marcus Wallenberg, CEO, Investor AB

"Rolf H. Carlsson's...book on ownership (has been) eagerly awaited by the governance community. Carlsson is uniquely able to illumine those areas in which Swedish corporate structuring has been ahead of the world. It is a book that we all look forward to reading."
Robert A. G. Monks, Principal, Lens Investment Management

"Carlsson...outlines a powerful frame of reference and analytical tools to address issues of value creation and the role of active owners. This book is a significant contribution to the all-important issues of corporate governance. I was intrigued and pleased to read it."
Richard H. Koppes, Jones Day and Stanford Law School; former General Counsel, CalPERS

"...adds new perspectives by highlighting the demanding challenges of globalisation. A remarkable new book on the crucial issues of ownership and corporate governance."
Dr R. Marsch-Barner, Senior Counsel, Deutsche Bank AG

"This innovative book puts the spotlight on those who have the ultimate responsibility for corporate governance, the owners. It provides useful insight into the ways of effective ownership."
Professor Jay W. Lorsch, Harvard Business School
Les mer
Endorsements. Preface. Acknowledgements. Introduction. ACTIVATING AND RENEWING OWNERSHIP: Emergence, Driving Forces, Current Agendas, and Future of Corporate Governance. An Introduction to Corporate Governance. The CalPERS Story: Pioneering and Establishing Corporate Governance in the USA. US Corporate Governance since the mid 1990s and Current Agenda. The Combined Code and Corporate Governance in the UK. Germany - the Big Challenge. France: Le Corporate Governance - Now's the Time? Japan - A New Restoration in the Offing? Convergence or Confusion? Summing Up Country Analyses. Corporate Governance - Where Will It Go? OWNERSHIP MAKES A DIFFERENCE: A Case Study of the Wallenberg Sphere. Ownership Makes a Difference. The Wallenberg Sphere and the Future. CONCEPTUALISATION AND PROFESSIONALISATION. Ownership and Value Creation - Towards a Conceptual Framework. Strategic Corporate Governance - How to Make It Work? Appendix 1: Interview List. Appendix 2: Frame of Reference. Appendix 3: The Wallenberg Sphere. Facts, Critical Events, and Examples of Active Ownership. Appendix to Part II. Notes. References. Index.
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Sustainable business success is ultimately dependent upon the quality of the ownership involved

The role of ownership is not only to supply risk capital and make management accountable reactively. Owners have a crucial value creation role to play in seeing to it that risks are reduced and eliminated through proactive initiatives and measures. This requires competence as well as the will and the position to exercise such ownership.

This book addresses these issues of ownership and value creation from three different perspectives:
* It reviews the advancement of the corporate governance movement by an anlysis of its emergence, driving forces, current status and future challenges in the five largest economies in the world: the USA, the UK, Germany, France, and Japan. In addition, it discusses the prospects of international convergence of corporate governance standards as well as the challenges for corporate governance and ownership in the new economy.
* An in-depth study of one of the most successful owners in the world - the Wallenberg sphere of Sweden. The Wallenberg dynasty has for almost 150 years been the proactive owner behind a number of successful international corporations such as ABB, AstraZeneca, Atlas Copco, Ericsson, Scania and many others. The case study provides crucial lessons to be learnt by proactive owners around the world.
* A conceptual framework and analytical tools illustrated by practical examples to address issues of value creation and the role of ownership. This includes a thorough analysis of different types of risks, risk logic and dynamics, as well as concepts for the reduction/elimination of risks. Finally, the empirical and conceptual analyses are synthesised into recommendations for how the function of ownership and corporate governance could be enhanced to achieve sustainable business prosperity.
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Produktdetaljer

ISBN
9780471632191
Publisert
2000-12-13
Utgiver
Vendor
John Wiley & Sons Inc
Vekt
624 gr
Høyde
238 mm
Bredde
159 mm
Dybde
25 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
200

Forfatter

Om bidragsyterne

Rolf H. Carlsson is a Senior Advisor on issues of business strategy, value creation, organisation, and corporate governance. Since the early 1970s he has worked as an international management consultant for SIAR and SIAR Bossard, now part of the Cap Gemini Ernst Young. Before that he worked in an investment/venture capital company and a commerical bank.

He holds an MBA from the Stockholm School of Economics and he is a Senior Research Fellow of Scandinavian Institutes for Administrative Research, SIAR.

Rolf H. Carlsson has published several books on ownership in Swedish. He can be reached via e-mail: rc@crrc.se