In an era of intensified pressure on corporate directors resulting from misconduct in major companies such as Enron, this book (originally printed in 1988) offers an analysis of the transformation of the role of corporate directors including the increased level of responsibility they assume in the boardroom. Focusing on the accountability of directors to their shareholders, Fleischer, Hazard, and Klipper (all legal professionals) offer case studies illustrating topics such as defending against corporate takeovers, financial restructuring, and management buyouts and open bidding. Annotation 2003 Book News, Inc., Portland, OR