Transforming Corporate Governance and Developing Models for Board Effectiveness

Transforming Corporate Governance and Developing Models for Board Effectiveness
Author: Yasser, Qaiser Rafique
Publisher: IGI Global
Total Pages: 345
Release: 2020-12-25
Genre: Business & Economics
ISBN: 1799866718

Corporate governance can be considered as an environment of trust, ethics, moral values, and confidence as a synergistic effort of all the constituent parts, including stakeholders, the public, service provides, and the corporate sector. The actions of an organization and the consequences of those actions has become increasingly concerned with corporate governance. As such, it is essential to examine the latest concepts and trends that can lead to the development of effective models for corporate boards. Transforming Corporate Governance and Developing Models for Board Effectiveness is an essential reference source that contains forward-thinking research intended to facilitate effective, entrepreneurial, and prudent management that can deliver the long-term success of the company. The book discusses the different theories and practices surrounding boards of directors’ responsibilities and innovative strategies for the governance of their companies that allow them to become and remain successful. Highlighting topics that include board diversity and independence, business ethics, and family business governance, this book is intended for corporate boards, board of directors, executives, managers, business professionals, academicians, researchers, policymakers, and students.

High Performance Boards

High Performance Boards
Author: Didier Cossin
Publisher: John Wiley & Sons
Total Pages: 358
Release: 2020-06-22
Genre: Business & Economics
ISBN: 1119615658

A comprehensive guide to transforming boards and achieving best-practice governance in any organisation. When practising good governance, the board is the vital driver of organizational success, while fostering positive social impact and economic value creation. At all levels, executives around the world are faced with complexities rising from disruptive business models, new technologies, socio-economic changes, shifting political circumstances, and an array of other sources. High Performance Boards is the comprehensive manual for attaining best-in-class governance, offering pragmatic guidance on improving board quality, accountability, and performance. This authoritative volume identifies the four dimensions, or pillars, which are crucial for establishing and maintaining best-practice boards: the people involved, the information architecture, the structures and processes, and the group dynamics and culture of governance. This methodology can be applied to any board in the world, corporate or non-profit organization, regardless of size, sector, industry, or context. Readers are introduced to a fictitious senior board member – an amalgamation of board members from well-known organisations – and follow her as she successfully handles real-life challenges with effective governance. Drawn from the author's 20 years of practice and confidential work with boards across the world, this book: Demonstrates how high-performance boards innovate and refine their practices Discusses examples of board failures and challenges, including case studies from both for-profit and non-profit organisations including international organizations and state-owned agencies or even ministries Provides a proven framework to create best-in-class governance Includes a companion website featuring tools for board assessment and board practice High Performance Boards has inspired more than 3000 board members around the world. This book is essential reading for professionals and managers interested in governance and board members, senior managers, investors, lawyers, and students of governance.

Reviewing Your Board

Reviewing Your Board
Author: James Beck
Publisher:
Total Pages:
Release: 2018-02-28
Genre:
ISBN: 9781876604530

No individual or team can expect to improve without obtaining regular feedback on their performance. Boards of directors are no exception and an effective board performance evaluation is an invaluable tool in improving your board's performance. An effective evaluation process can be designed to address the performance of the board as a whole, the chair, individual directors, board committees and other governance support staff. Such reviews are widely recommended in various governance standards, by contemporary writers on corporate governance and by leading practitioner organisations, such as the Australian Institute of Company Directors. There is a wide range of considerations in undertaking these evaluations. For example, what aspects of the board activities should be reviewed; how frequently should such evaluations take place; should they be conducted internally or by an external party; who should be evaluated; by whom; how does a board bring about change resulting from an evaluation and how does the organisation communicate the results? Geoff Kiel and Gavin Nicholson authored a widely-used book addressing these and other questions over a decade ago. Now joined by two colleagues, James Beck and Jennifer Tunny, who also have extensive experience in board evaluations, this revised text provides a practical guide to all the questions, issues and techniques involved in undertaking successful board and director evaluations. It contains numerous examples and tools. The book will be essential reading for all chairs, directors, company secretaries, chief executive officers and consultants in corporate governance.

Boards That Lead

Boards That Lead
Author: Ram
Publisher: Harvard Business Review Press
Total Pages: 305
Release: 2013-11-19
Genre: Business & Economics
ISBN: 1422144070

Is your firm’s board creating value—or destroying it? Change is coming. Leadership at the top is being redefined as boards take a more active role in decisions that once belonged solely to the CEO. But for all the advantages of increased board engagement, it can create debilitating questions of authority and dangerous meddling in day-to-day operations. Directors need a new road map—for when to lead, when to partner, and when to stay out of the way. Boardroom veterans Ram Charan, Dennis Carey, and Michael Useem advocate this new governance model—a sharp departure from what has been demanded by governance activists, raters, and regulators—and reveal the emerging practices that are defining shared leadership of directors and executives. Based on personal interviews and the authors’ broad and deep experience working with executives and directors from dozens of the world’s largest firms, including Apple, Boeing, Ford, Infosys, and Lenovo, Boards That Lead tells the inside story behind the successes and pitfalls of this new leadership model and explains how to: • Define the central idea of the company • Ensure that the right CEO is in place and potential successors are identified • Recruit directors who add value • Root out board dysfunction • Select a board leader who deftly bridges the divide between management and the board • Set a high bar on ethics and risk With a total of eighteen checklists that will transform board directors from monitors to leaders, Charan, Carey, and Useem provide a smart and practical guide for businesspeople everywhere—whether they occupy the boardroom or the C-suite.

Inside the Boardroom

Inside the Boardroom
Author: Richard Leblanc
Publisher: John Wiley & Sons
Total Pages: 340
Release: 2010-02-10
Genre: Business & Economics
ISBN: 0470739959

Distinguished governance experts offer cures for what ails our boards of directors In light of corporate malfeasance in recent years, the governance of corporations has been receiving great attention from regulators, researchers, shareholders, and directors themselves. Based on Richard Leblanc's in-depth five-year study of 39 boards of directors of both for- and not-for-profit organizations, Building a Better Board goes behind the scenes to reveal the inner workings of boards of directors, including how they make decisions. Recently chosen as one of Canada's "Top 40 Under 40"(TM), Dr Richard Leblanc is an award-winning teacher and researcher, certified management consultant, professional speaker, professor, lawyer and specialist on boards of directors. He can be reached at [email protected]. James Gillies, PhD (Toronto, Ontario, Canada), is Professor Emeritus at the Schulich School of Business, York University, where he serves as Chair of the Canada-Russia Corporate Governance Program.

Boards, Governance and Value Creation

Boards, Governance and Value Creation
Author: Morten Huse
Publisher: Cambridge University Press
Total Pages: 316
Release: 2007-04-19
Genre: Business & Economics
ISBN: 1139463829

What is the role of boards in corporate governance? How should they be structured in order to maximize value creation? This 2007 book looks at the role of boards in a variety of different countries and contexts, from small and medium-sized enterprises to large corporations. It explores the working style of boards and how they can best achieve their task expectations. Board effectiveness and value creation are shown to be the results of interactions between owners, managers, board members and other actors. Board behaviour is thus seen to be a result of strategizing, norms, board leadership, and the decision-making culture within the boardroom. Combining value creation, behavioural and ethical approaches to the study of boards, this work offers a systematic framework which will be of value to graduate students and researchers in the field of corporate social responsibility and business ethics.

New Corporate Governance

New Corporate Governance
Author: Martin Hilb
Publisher: Springer Science & Business Media
Total Pages: 238
Release: 2012-01-05
Genre: Business & Economics
ISBN: 3642235956

Martin Hilb presents an innovative and integrated approach to the theory and practice of corporate governance. Central to this approach is a set of instruments - developed and tested by the author - that can be used by boards to offer effective strategic direction and control to their organizations. The board instruments can be readily applied to the selection, review, remuneration and development of board members, and for conducting board self-evaluations. This new approach to corporate governance is based on four guiding principles: keep it situational, keep it strategic, keep it integrated, and keep it controlled. Together, these principles form the basis of an integrated approach to all key aspects of corporate governance. The main arguments in each section are supported by conceptual models, practical board tools or case studies, making the book ideally suited to board members, senior managers and post-graduate students.

Corporate Governance Matters

Corporate Governance Matters
Author: David Larcker
Publisher: FT Press
Total Pages: 497
Release: 2011-04-14
Genre: Business & Economics
ISBN: 0132367076

Corporate Governance Matters gives corporate board members, officers, directors, and other stakeholders the full spectrum of knowledge they need to implement and sustain superior governance. Authored by two leading experts, this comprehensive reference thoroughly addresses every component of governance. The authors carefully synthesize current academic and professional research, summarizing what is known, what is unknown, and where the evidence remains inconclusive. Along the way, they illuminate many key topics overlooked in previous books on the subject. Coverage includes: International corporate governance. Compensation, equity ownership, incentives, and the labor market for CEOs. Optimal board structure, tradeoffs, and consequences. Governance, organizational strategy, business models, and risk management. Succession planning. Financial reporting and external audit. The market for corporate control. Roles of institutional and activist shareholders. Governance ratings. The authors offer models and frameworks demonstrating how the components of governance fit together, with concrete examples illustrating key points. Throughout, their balanced approach is focused strictly on two goals: to “get the story straight,” and to provide useful tools for making better, more informed decisions.

Corporate Governance and Board Performance

Corporate Governance and Board Performance
Author: Morris O. Namoga
Publisher: Cambridge Scholars Publishing
Total Pages: 325
Release: 2017-01-06
Genre: Business & Economics
ISBN: 1443861464

The board of directors is widely regarded as a vital governance mechanism that plays an important function in business. How boards are structured, the processes in which they are involved and the role they play vary across different types of firms and countries, with significant implications on how boards perform. In Pacific Island Countries (PICs) board appointments (particularly on state-owned enterprises) are difficult to explain without the suspicion that constituency loyalty has been repaid or that other political debts have been discharged. Too often, ethnicity (the wantok system as known in the Melanesian countries of the Pacific), gender, trade-union affiliation and other forms of political correctness have become the basis for board appointments. In this book, the author takes the reader through how these factors influence the structural make-up of boards, the different processes in which boards participate and how these affect the ability of boards to perform their roles using empirical evidence from PICs. The book is a must-read for board chairpersons, board secretaries, directors, senior managers and policy-makers in PICs. Academics and the general public in PICs and elsewhere who are interested in corporate governance issues should also find this book a valuable reference.

Corporate Boards

Corporate Boards
Author: Jay A. Conger
Publisher: Jossey-Bass
Total Pages: 240
Release: 2001-04-11
Genre: Business & Economics
ISBN: 9780787956202

This outstanding work reveals how boards governing 21st-century organizations can change their practices and align their principles to successfully govern the organization of the new economy. The authors propose that judging a board's effectiveness should be done not in a "shareholder" context but in a "stakeholder" context instead. They couch their reforms in a framework that focuses on what determines effective governance behavior: information, knowledge, power, and rewards.They argue it is behavior, not practices that count, and look at boards from a group and an organizational perspective.