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From angry shareholders to concerned chief executives, almost everyone knows at a gut level that the present system is not working. This book attempts to explain why. Better yet, it proposes a path for positive change. In his newest book, The Emperor's Nightmare, Robert A. G. Monks, one of the world's foremost shareholder activists, reveals what can happen when corporate leadership abandons the common good to court and conquer a powerful elite. In the prequel to this book, The Emperor’s Nightingale, Monks had warned corporations against putting short-profit ahead of　 long-term value for all stakeholders. Few listened?and the result was system-wide trauma that only bold solutions can heal. This insightful, honest, and direct portrayal of corporate governance and the surrounding political system will be of immense value to those interested in corporate governance?particularly shareholder and stakeholder advocates, and the true corporate leaders who serve them.