Churchill's Horses and the Myths of American Corporations: by Mord Bogie

By Mord Bogie

The huge public organizations powering the U.S. economy―Churchill's Horses, in Bogie's metaphor―are underachievers, and we all are paying the associated fee. Why? the explanations are shrouded within the myths that those firms use to masks their nice strength and conceal the pursuits it serves. Myth: the shareholders who personal a public company keep watch over it by means of electing the administrators who govern it. Anti-Myth (fact): shareholders of a public company do not choose the administrators, and the administrators do not govern the company. Shareholders do not even personal the company in any significant feel of the notice. but Churchill's Horses spend billions propping up the present expense in their stocks instead of make investments the money of their (and our) destiny prosperity. utilizing many voices from present and up to date company literature, Bogie leads you thru myths and anti-myths to appreciate how public organizations have misplaced concentration and missed their most vital stakeholders. Few readers will emerge with all their assumptions and ideology intact.

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