Executive Greed: Examining Business Failures that Contributed to the Economic Crisis

Front Matter....Pages i-xxiii
Front Matter....Pages 1-1
Introduction....Pages 3-12
Nature of Management Failure....Pages 13-26
Front Matter....Pages 27-27
Realities of Leadership Contribution....Pages 29-40
Leadership Myths....Pages 41-49
Front Matter....Pages 51-51
Executive Compensation—Unsound and Unjustifiable Practice: A Driving Force behind Short-Sightedness....Pages 53-68
Corporate Board Governance—Fiduciary Neglect: Inadequate Oversight over Management Plans, Policies, and Practices....Pages 69-76
Regulatory Climate—Power of Money: Contribution of Regulators, Legislators, and Politicians....Pages 77-81
The Management Club—Collusive Team-Playing and Players....Pages 83-89
Front Matter....Pages 91-91
Absence of Strategic Thinking and Outlook: Missing Long-Range Orientation, Focus, and Approach....Pages 93-102
Slanted Management Intelligence Acquisition: Self-Serving Collection and Usage....Pages 103-109
Lack of Marketplace Competitive Excellence: Reactive Strategies and Approaches....Pages 111-120
Inadequate Product and Market Innovations: Unenthusiastic Commitment and Support....Pages 121-134
Unhealthy Work Environment: Inappropriate Employment Practices....Pages 135-141
Reckless Strategic Financial Behavior: Ill-Conceived Financial Management....Pages 143-150
Front Matter....Pages 151-151
Concluding Remarks and Recommendations: Unveiling Causes of Recent Business Crises....Pages 153-170
Back Matter....Pages 171-183