Effective governance improves performance and ensures long-term success. Even those with board-level experience find that the culture and leadership style of other governing bodies differ. On completing the book, readers will have a detailed analysis of the governance of their own organisation.
The role of directors is being taken ever more seriously as it becomes more and more clear that, in the complex and fast-moving business environment of today, standards of corporate governance need to be high if corporate scandals that damage shareholders, employees and pension funds are to be avoided. This book is an essential guide to the whole subject of corporate governance, with entries that stretch from A to Z and cover such concepts and terms Agency theory, Audit Committee, Board structure, Board style, Conformance roles, Corporate veil, Deep pocket syndrome, Disclosure, Ethics, Fiduciary duty, Games directors play, Helicopter vision, Indemnity insurance, Log rolling, Mentor, Non-executive director, Poison pill, Quorum, Remuneration committee, Shareholder value, Stakeholder theory, Tokenism, Two hat dilemma, Unitary board, Voting rights, War room, Yakusa, and Zaibatsu.And extensive appendices provide codes of best practice and checklists that will be of immense practical help to those involved in setting and raising standards of governance in their organisations.