The most recommended books about companies and corporations

This is one of the very few books about corporate governance that provides truly useful, non-obvious tools for improving performance. Starting with a very good exposition of the challenges of modern corporate governance, Martin Hilb offers a variety of charts, self-tests, and questions for reflection that help owners, board members, and executives come to grips with their different roles in directing and controlling the firm. The situations discussed and the advice offered are relevant for listed and private companies – the best short primer on how to apply corporate governance.

Oreskes and Conway have been heroes of mine ever since their masterful Merchants of Doubt. They are now doing for free-market fundamentalism what they previously did for climate change denialism: showing how con artists have tricked Americans into believing it.

I teach a lot of conservative students, and it can be hard to get past their distrust and defensiveness. Revealing the “magic trick” of how they have been manipulated is one of the few things that work.

This little book makes the questions around corporate governance in the family firm come alive with examples, people, and, even, feelings. Too often, corporate governance is considered unnecessary where family ties are supposed to make up for missing structure. Aronoff and Ward show how family ties can get in the way of sound business practices and make a very strong case for prioritizing governance in the family business. Governance in the family business, unlike governance in the listed company, needs to be precisely tailored to the situation, and this book provides a blueprint for starting the process.

One of the risks that the Compliance Officers oversee is the risk of money laundering; depending on how it is managed, it is possible to minimize reputational risk. This book helped me pinpoint precisely the necessary elements that must be included in a compliance plan to achieve strong corporate responsibility and compliance culture. By having those controls in place, money laundering and even any other white-crime risk are minimized and, incidentally, reputational risk. If you apply this, the company you work for it's going to be protected, and your boss is going to be happy, a win-win for everyone!

This book—written by a scholar who also works in government—is both infuriating and enlightening. It takes on the real problem of precarious, poorly paid jobs and, by getting way into the weeds of how companies are organized, gives a clear explanation for how so many jobs became so bad and at least some hope for a policy fix. The root of the problem, Weill shows, is basically outsourcing: large companies hire out jobs (cleaners, security, customer service) to low-paying, often badly managed small companies, and that drives down wages, benefits, and job security. The most insane examples of this occur when laborers are pushed into being independent contractors or franchise owners. Officially they are “small business owners” but in practice, they have no control over their work and no opportunities to grow. The book is full of memorable (and enraging) vignettes and examples, making a dry argument about corporate structure… show more.

Is tech a science? Close enough.

I was on my way home from the grocery store, and I heard Naomi Alderman in an interview about this, her latest book, on NPR’s All Things Considered. It's a good thing I didn’t buy ice cream that day because I sat in the car in the driveway, listening until the end. Hearing her, I knew I had to read the book. And when I did, I couldn’t put it down (the reading equivalent of sitting in the driveway listening to the radio?).

Populated with extraordinary characters, from genuinely good to incredibly greedy, this book both frightened me and gave me hope, but it never let me go until, well, after the last page (yeah, there’s a little bit of a trick at the end).

I love gutsy books by outsiders, and Ms. Saxena, as a woman of color working in the Ivy League and the worlds of artificial intelligence and Big Data, is very much an outsider.

That makes her deep knowledge and insights into how AI and Big Data are changing business even that much more interesting. Plus, this is one of the only books I’ve read that explains how artificial intelligence works in a clear, direct way that doesn’t assume the reader already knows about things like machine learning and neural nets. 

This book captures the decline of the traditional job—stable, well-paid, with a good chance of moving up—between World War II and the end of the 20th century. Wartzman is a clear, engaging writer who tells gripping stories about workers, bosses, chief executives, and politicians to explain what the old “social contract” between big companies and American society was, and why it disappeared. But he’s also particularly good at not overly romanticizing the earlier era, when huge swaths of people—like women, people of color, immigrants, the disabled, and others—were cut out of the workforce by prejudice and racism. This book makes business and labor history engaging and entertaining, even while it will make you mad about how bad things have become.

Originally published in the late 1950s, “The Crystal Palace” could have easily been the inspiration for any number of modern workplace comedies. Harrington’s story about a sprawling and sterile corporate campus shows the lack of meaning the workplace can provide for the typical worker. Think Office Space + Severance, where “the Crystal Palace serves, among its many functions, as a protective league for small talents.” If you worry about your work having too little meaning, and if you want more from your life than a stable career, this story rightly puts that pursuit back on you to develop as a person and not seek meaning only from your job.  

I’m fascinated by the possibilities presented by post-nation futures. Infomocracy looks at a future where ‘centenals’—groups of 100,000 people without historic nationalist borders—elect an international corporate-affiliated body to govern the world.

High-stakes political intrigue fuels the biggest election in a century as multiple factions battle it out to seize power through the vehicle of futuristic democracy. To me, the highlight of this novel is its exploration of democracy—it’s peppered with paradoxical and intense arguments that are rewarding to engage with, and enhance the richness of its world.