John Carver, Caroline Oliver, "Corporate Boards that Create Value"
Jossey-Bass | 2002 | ISBN: 0787961140 | 175 pages | PDF | 1,1 MB
Shareholders today are becoming used to scanning the headlines for the most recent corporate disaster. Where were the boards that were theoretically looking after the shareholders' interests? While there has been much public moaning about the problems, most of the "solutions" being proposed are band-aid therapy, neglecting the root problems: lack of clarity about the role of governance, and lack of a systematic approach to ensure accountable governance while at the same time appropriately empowering management.
The Policy Governance model described in this book provides a solution. Boards that conscientiously apply the principles set out in the model can be confident that they are indeed fulfilling their fiduciary responsibility to their shareholders. This book provides the clearest, most straightforward and lucid explanation of the principles necessary to responsible governance. It is highly recommended, not only to corporate boards, but to governing boards of any organization.
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