Investor Capitalism

by Michael Useem

A behind-the-scenes look at today's kingmakers: institutional investors. Out of the public eye, a small group of professionals--investment experts who handle other people's monies--are exerting ever-greater control over corporate managers, firing CEOs and pushing through 'restructurings' that cost thousands of jobs. Michael Useem's "Investor Capitalism" portrays the quiet, veiled nature of this dance of elephants, and portrays the enormous implications of its results. --John Rekenthaler, Publisher, Morningstar, Inc.

342 pages, Paperback

First published January 1, 1996

About the author

Michael Useem is a professor in the Management Department and Faculty Director of the Center for Leadership and Change Management and McNulty Leadership Program at The Wharton School of the University of Pennsylvania. His university teaching includes MBA and executive-MBA courses on management and leadership, and he offers programs on leadership and governance for managers in the United States, Asia, Europe, and Latin America.  He works on leadership development with many companies and organizations in the private, public and nonprofit sectors.

He is co-anchor for a weekly program “Leadership in Action” on SiriusXM Radio Channel 132 and co-director of the annual CEO Academy. He is the author of The Leader’s Checklist, The Strategic Leader’s Roadmap (with Harbir Singh), The Edge: How Ten CEOs Learned to Lead—And the Lessons for Us All, Go Long: Why Long-Term Thinking Is Your Best Short-Term Strategy (with Dennis Carey, Brian Dumaine, and Rodney Zemmel). Mastering Catastrophic Risk (with Howard Kunreuther), Fortune Makers: The Leaders Creating China’s Great Global Companies (with Harbir Singh, Neng Liang, and Peter Cappelli), The India Way (with Peter Cappelli, Harbir Singh, and Jitendra Singh), and Boards That Lead (with Ram Charan and Dennis Carey).