Pigs at the Trough: Lessons from Australia's Decade of Corporate GreedISBN: 978-1-74216-990-3
Paperback
264 pages
June 2010
This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 10-15 days delivery time. The book is not returnable.
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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.