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Pigs At The Trough : Lessons From Australia's Decade of Corporate Greed - Adam Schwab

Pigs At The Trough

Lessons From Australia's Decade of Corporate Greed

Paperback with Flaps on Inside & Back Covers

Published: 20th January 2010
In Stock. Ships today or next business day from Australia
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Published: 16th September 2010
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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.

About The Author

Adam Schwab was a corporate lawyer at one of Australia's largest firms before becoming a founding director of the privately owned diversified accommodation and services group AJ Capital. Since 2004, Adam has also been a financial journalist and business commentator for Australia's largest and most influential online publication Crikey, and a business contributor to Fairfax publications, including The Sydney Morning Herald and The Age. Schwab has also acted as a corporate governance adviser to Australia's largest institutions and fund managers.

WRITE A REVIEW

A terrific tour of corporate misdeeds

4

Provides interesting and valuable insights into the minds of modern day corporate scallywags. Nicely written, breezy but detailed enough to cover the key issues. A great additional text to complement any standard business, finance or corporate legal studies course.

Sydney

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Should be compulsory reading for all

5

This book deserves the widest readership it is a demonstration that the welfare state is alive and well in Australia if only for major corporate crooks and swindlers , who in other more ethical societies would incur lengthy gaol sentences .

Sydney

true

Incisive exposé of Aust. corporate greed

4

The author highlights "key learnings" in each chapter, which provide valuable warning signs for potential investors in (or employees of) organisations led by these corporate sharks and shonks.

Brisbane, AU

true

Pigs At The Trough

4.3 3

100.0

About the author
Acknowledgements
Preface
1. Telstra
2. ABC Learning Centres
3. MFS
4. Village Roadshow
5. Toll and Asciano
6. Allco
7. Babcock & Brown
8. Timbercorp and Great Southern Plantations
Epilogue
Notes
Index
Table of Contents provided by John Wiley & Sons Australia, Ltd. All Rights Reserved.

ISBN: 9781742169903
ISBN-10: 1742169902
Audience: General
Format: Paperback with Flaps on Inside & Back Covers
Language: English
Number Of Pages: 256
Published: 20th January 2010
Publisher: John Wiley & Sons Australia Ltd
Country of Publication: AU
Dimensions (cm): 22.9 x 15.7  x 1.4
Weight (kg): 0.405
Edition Number: 1