Explore the unvarnished truth about executive remuneration with 'Pigs at the Trough', an incisive book that dives deep into the rise of outrageous CEO pay while shareholders suffer monumental losses. This essential read sheds light on corporate governance failures, spotlighting the alarming instances of corporate greed witnessed in Australia over the last decade. Discover the shocking stories behind infamous cases like Telstra's Sol Trujillo and ABC Learning Centres' Eddy Groves, as well as the catastrophic downfalls of Babcock & Brown, Allco Finance Group, and MFS. With 264 pages of meticulously researched content, this brand new edition, published by John Wiley & Sons Australia in 2010, provides crucial lessons on identifying signs of upcoming corporate collapse. Whether you are an investor, a financial analyst, or just interested in corporate ethics, learn how to arm yourself against the perils of misguided leadership and protect your investments. Gain invaluable insights into the regulatory oversights that allowed some executives to push boundaries and evade accountability. Don't miss out on this pacey yet sobering read that challenges the prevailing norms and encourages astute scrutiny of executive decisions. Remember, shipping is free, and delivery may take up to 6 weeks. Once ordered, this title cannot be cancelled.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9781742169903
Year: 2010
Publisher: John Wiley & Sons Australia
Pages: 264


Description:
The past decade has seen a period of unparalleled growth in
executive remuneration. But while CEO pay exploded, shareholders
looked on helplessly as some of Australia's best-known companies
self-destructed. When the fall eventually came, executives were
well protected. Shareholders and creditors were not so lucky.


From Telstra's enriching of Sol Trujillo to the toppling of Eddy
Groves's ABC Learning Centres and the untold accounts of the
billions lost by the collapsed Babcock & Brown, Allco Finance
Group and MFS, Pigs at the Trough tells the story of how a
generation of executives, under the supervision of well-known and
respected non-executive directors, pushed all the boundaries and
sometimes sailed right over them ... and got away with it.


A pacey, irreverent read but with a devastatingly serious
message, Pigs at the Trough gives investors invaluable
insights into how to spot the telltale signs of impending corporate
collapse, and how to avoid being another victim.