
Tougher Boards for Tougher Times
Corporate Governance in the Post- Enron Era
Résumé
The Enron disaster, and the many other business scandals that were to follow, highlighted a crisis of confidence in corporate leadership. It became clear that management and CEOs held most of the power, and that boards were rarely serving as much more than complicit pawns. Too many directors have been asleep at the switch in recent years, and there is now clearly a need for higher standards of corporate directorship. Directors and the boards they serve on are under more intense scrutiny than ever before, and the business world has had to come to grips with the reality that too many imperial CEOs need a countervailing force--a strong, independent board of directors--to keep corporations on the right track and to balance better the distribution of power between managements and boards.
A sea-change has begun, with a shift towards a newer model in which boards composed predominantly of independent directors are gaining power, demonstrating that they have backbone, and saying NO more often. Tougher Boards for Tougher Times examines the key issues, challenges, and controversies that boards have to face in the new world of corporate governance. It examines the changing role of boards and of directors in this tense and uncertain world of heightened expectations, failed promises, wholly unacceptable and egregious excess, and a growing recognition in many quarters that the stakes are high. Many of the existing books on the topic are academic, or focus on not-for-profit boards. This book offers the extensive experience and advice of one of Canada's most experienced board members to those who must govern in corporate boardrooms.
L'auteur - William A. Dimma
William A. Dimma has had a long and distinguished career as a director, serving on fifty-five corporate boards and another forty not-for-profit boards. For over forty years, he has been sought after for the knowledge and understanding he brings to the field of corporate governance, as well as for his dedication to, and passion for, improving the practice of directorship.
Sommaire
- The big picture
- Director independence
- The board chairman
- Board committees
- Executive compensation
- Observation on several currently useful topics
- Some lessons from experience
Caractéristiques techniques
PAPIER | |
Éditeur(s) | Wiley |
Auteur(s) | William A. Dimma |
Parution | 25/04/2006 |
Nb. de pages | 256 |
Format | 16 x 24 |
Couverture | Relié |
Poids | 490g |
Intérieur | Noir et Blanc |
EAN13 | 9780470837306 |
ISBN13 | 978-0-470-83730-6 |
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