New Corporate Governance

Author : Sigurt Vitols and Norbert Kluge
Publisher : ETUI
Page : 266 pages
File Size : 47,7 Mb
Release : 2011
Category : Corporate governance
ISBN : 9782874522192

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The Sustainable Company by Sigurt Vitols and Norbert Kluge Pdf

For the past two decades corporate governance reform in Europe has been guided by the ‘shareholder value’ model of the firm. That model has been discredited as one of the major causes of the financial and economic crisis. In a new book published by the ETUI an alternative approach to corporate governance is presented by members of the GOODCORP network of researchers and trade unionists. This new approach, entitled the Sustainable Company, draws on both traditional ‘stakeholder’ models of the firm and newer concerns with sustainability. The main elements of the Sustainable Company and the institutions needed to support it are presented. Key themes in the book are the need for worker ‘voice’ in corporate governance and for a binding legislative framework to promote sustainability. Individual chapters deal with the issues of worker involvement, employee shareholding, sustainability-oriented remuneration, international framework agreements, NGO-trade union relationships, reforming financial regulation and carbon taxes and emissions-trading schemes.

Author : Sabri Boubaker,Bang Dang Nguyen,Duc Khuong Nguyen
Publisher : Springer Science & Business Media
Page : 445 pages
File Size : 41,5 Mb
Release : 2012-12-18
Category : Business & Economics
ISBN : 9783642315794

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Corporate Governance by Sabri Boubaker,Bang Dang Nguyen,Duc Khuong Nguyen Pdf

The current crisis has rocked the financial system worldwide and has cast doubt on the effectiveness of the existing regulatory regime. Thousands of firms have gone bankrupt and many financial institutions were bailed out by governments. The effects of the crisis have shaken emerging and developing markets alike and have not spared neither small nor large businesses. Many scholars and practitioners attribute the roots of the crisis to failures and weaknesses in the way corporate governance has been practiced since the mid-1990s. Lax board oversight of top management, short-termism and self-interested behavior have been fingered as the culprits behind recent financial turmoil. This book highlights the recent developments and new trends in corporate governance. The eighteen chapters, written by leading academics and experts, can assist corporate executives, governance bodies, investors, market regulators, and policymakers in having a global picture of major corporate governance issues. This book highlights the recent developments and new trends in corporate governance. The eighteen chapters, written by leading academics and experts, can assist corporate executives, governance bodies, investors, market regulators, and policymakers in having a global picture of major corporate governance issues.

Author : Martin Hilb
Publisher : Springer Science & Business Media
Page : 234 pages
File Size : 55,9 Mb
Release : 2005-09-02
Category : Business & Economics
ISBN : 9783540266969

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New Corporate Governance by Martin Hilb Pdf

This book presents an innovative and integrated approach to the theory and practice of corporate governance. Central to this approach is a set of instruments 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 targeted 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 that together form the basis of an integrated approach that addresses all key aspects of corporate governance.

Author : Martin Hilb
Publisher : Springer Nature
Page : 103 pages
File Size : 55,9 Mb
Release : 2021-01-26
Category : Business & Economics
ISBN : 9783030486068

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New Living Cases on Corporate Governance by Martin Hilb Pdf

This unique open access book features a selection of Living Cases on Corporate Governance, which were developed and compiled by chairpersons, members of the board of directors, and CEOs in various countries, working in close collaboration with prominent researchers. Each Living Case addresses a current issue that a given company or institution needs to resolve. For every Case, the goal is formulated by the researcher, in consultation with the client. The participants of internal or external board seminars, or university students, then work in teams to analyze the problem, develop an innovative and feasible solution, and summarize the most important lessons learned.

Author : Stephen S. Cohen,Gavin Boyd
Publisher : Edward Elgar Publishing
Page : 396 pages
File Size : 55,9 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 1781959579

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Corporate Governance and Globalization by Stephen S. Cohen,Gavin Boyd Pdf

"The book links studies of corporate governance with surveys of efficiencies and failures in international financial markets, as well as examining aspects of corporate governance systems that have special significance for the management of economic policies as globalization continues. The contributors advocate increased international cooperation to promote more structural complementarities in the world economy."--BOOK JACKET.

Author : Peter A. Gourevitch,James Shinn
Publisher : Princeton University Press
Page : 365 pages
File Size : 42,7 Mb
Release : 2010-06-20
Category : Business & Economics
ISBN : 9781400837014

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Political Power and Corporate Control by Peter A. Gourevitch,James Shinn Pdf

Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.

Author : Paul W. MacAvoy,Ira M. Millstein
Publisher : Stanford University Press
Page : 196 pages
File Size : 51,8 Mb
Release : 2004
Category : Business & Economics
ISBN : 0804750866

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The Recurrent Crisis in Corporate Governance by Paul W. MacAvoy,Ira M. Millstein Pdf

Taking a close look at American corporate governance, the authors show what is missing in today's corporate governance, and support a case for activating the board of directors to put new controls on management and take responsibility for the result.

Author : Thomas A. Cole
Publisher : University of Chicago Press
Page : 285 pages
File Size : 45,6 Mb
Release : 2019-11-20
Category : Business & Economics
ISBN : 9780226665160

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CEO Leadership by Thomas A. Cole Pdf

Corporate governance for public companies in the United States today is a fragile balance between shareholders, board members, and CEOs. Shareholders, who are focused on profits, put pressure on boards, who are accountable for operations and profitability. Boards, in turn, pressure CEOs, who must answer to the board while building their own larger vision and strategy for the future of the company. In order for this structure to be successful in the long term, it is imperative that boards and CEOs come to understand each other’s roles and how best to work together. Drawing on four decades of experience advising boards and CEOs on how to do just that, Thomas A. Cole offers in CEO Leadership a straightforward and accessible guide to navigating corporate governance today. He explores the recurring question of whose benefit a corporation should be governed for, along with related matters of corporate social responsibility, and he explains the role of laws, market forces, and politics and their influence on the governance of public companies. For corporate directors, he provides a comprehensive examination of the roles, responsibilities, and accountability the role entails, while also offering guidance on how to be as effective as possible in addressing both routine corporate matters and special situations such as mergers and acquisitions, succession, and corporate crises. In addition, he offers practical suggestions for CEOs on leadership and their interactions with boards and shareholders. Cole also mounts a compelling case that a corporate culture that celebrates diversity and inclusion and has zero tolerance for sexual misconduct is critical to long-term business success. Filled with vignettes from Cole’s many years of experience in the board room and C-suite, CEO Leadership is an invaluable resource for current and prospective directors, CEOs, and other senior officers of public companies as well as the next generation of corporate leaders and their business and financial advisors.

Author : Maria Goranova,Lori Verstegen Ryan
Publisher : Springer
Page : 335 pages
File Size : 51,9 Mb
Release : 2015-10-07
Category : Business & Economics
ISBN : 9781137373939

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Shareholder Empowerment by Maria Goranova,Lori Verstegen Ryan Pdf

In this volume, leading management experts offer critical insights into the promises and illusions of shareholder empowerment, the discrepancies between theory and practice, and the challenges posed by variations in global corporate governance regimes.

Author : OECD
Publisher : OECD Publishing
Page : 42 pages
File Size : 52,5 Mb
Release : 1999-10-06
Category : Electronic
ISBN : 9789264173705

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OECD Principles of Corporate Governance by OECD Pdf

These principles of corporate governance, endorsed by the OECD Council at Ministerial level in 1999, provide guidelines and standards to insure inclusion, accountability and abilit to attract capital.

Author : Alexander N. Kostyuk,Udo C. Braendle,Rodolfo Apreda
Publisher : Unknown
Page : 379 pages
File Size : 45,6 Mb
Release : 2007
Category : Corporate governance
ISBN : 9669687209

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Corporate Governance by Alexander N. Kostyuk,Udo C. Braendle,Rodolfo Apreda Pdf

Author : Afra Afsharipour,Martin Gelter
Publisher : Edward Elgar Publishing
Page : 544 pages
File Size : 46,7 Mb
Release : 2021-06-25
Category : Law
ISBN : 9781788975339

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Comparative Corporate Governance by Afra Afsharipour,Martin Gelter Pdf

This research handbook provides a state-of-the-art perspective on how corporate governance differs between countries around the world. It covers highly topical issues including corporate purpose, corporate social responsibility and shareholder activism.

Author : Alessio Pacces
Publisher : Routledge
Page : 492 pages
File Size : 42,9 Mb
Release : 2013-01-17
Category : Law
ISBN : 9781135099411

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Rethinking Corporate Governance by Alessio Pacces Pdf

The standard approach to the legal foundations of corporate governance is based on the view that corporate law promotes separation of ownership and control by protecting non-controlling shareholders from expropriation. This book takes a broader perspective by showing that investor protection is a necessary, but not sufficient, legal condition for the efficient separation of ownership and control. Supporting the control powers of managers or controlling shareholders is as important as protecting investors from the abuse of these powers. Rethinking Corporate Governance reappraises the existing framework for the economic analysis of corporate law based on three categories of private benefits of control. Some of these benefits are not necessarily bad for corporate governance. The areas of law mainly affecting private benefits of control – including the distribution of corporate powers, self-dealing, and takeover regulation – are analyzed in five jurisdictions, namely the US, the UK, Italy, Sweden, and the Netherlands. Not only does this approach to corporate law explain separation of ownership and control better than just investor protection; it also suggests that the law can improve the efficiency of corporate governance by allowing non-controlling shareholders to be less powerful.

Author : David Larcker,Brian Tayan
Publisher : FT Press
Page : 497 pages
File Size : 46,7 Mb
Release : 2011-04-14
Category : Business & Economics
ISBN : 9780132367073

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Corporate Governance Matters by David Larcker,Brian Tayan Pdf

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.

Author : Robert A. G. Monks,Nell Minow
Publisher : John Wiley & Sons
Page : 549 pages
File Size : 45,8 Mb
Release : 2011-08-15
Category : Business & Economics
ISBN : 9780470972595

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Corporate Governance by Robert A. G. Monks,Nell Minow Pdf

In the wake of the recent global financial collapse the timely new edition of this successful text provides students and business professionals with a welcome update of the key issues facing managers, boards of directors, investors, and shareholders. In addition to its authoritative overview of the history, the myth and the reality of corporate governance, this new edition has been updated to include: analysis of the financial crisis; the reasons for the global scale of the recession the failure of international risk management An overview of corporate governance guidelines and codes of practice; new cases. Once again in the new edition of their textbook, Robert A. G. Monks and Nell Minow show clearly the role of corporate governance in making sure the right questions are asked and the necessary checks and balances in place to protect the long-term, sustainable value of the enterprise. Features 18 case studies of institutions and corporations in crisis, and analyses the reasons for their fall (Cases include Lehman Brothers, General Motors, American Express, Time Warner, IBM and Premier Oil.)