Board Performance (The Path of Corporate Governance)

Author: (English) Garrett
Publisher:
Publish Date: 2005-09-01
Features: The 3 Great Myths of Corporate Governance
Myth 1: CEOs are Omnipotent
Myth 2: Directors Primarily Account to Shareholders
Myth 3: Directors Exist as Executive and Non-Executive Directors
If you were to write a book about company directors, Bob Garrett would be the ideal author. The reason lies on one hand in his early warnings about many of the issues nowing; on the other hand, frankly, it is because he possesses exceptional writing skills and dares to conduct truthful and reliable analysis without fear of interference. The timely publication of this book is truly a blessing for readers like us. — Robert Monks, author of Power and Accountability.
The current global corporate governance crisis in the business world is aresulting from the combination of three factors: the incompetence of directors, strategic failures, and avarice. We must establish a system for the appointment, training and development, moral cultivation, annual evaluation, and self-restraint of directors, strictly distinguishing directorial capabilities from managerial capabilities. In terms of these aspects, this book provides scientific and practical solutions, rich in theory yet clear and easy to understand, making it a must-read for directors, managers, and MBAs.
The current global corporate governance crisis in the business world is aresulting from the combination of three factors: the incompetence of directors, strategic failures, and avarice. We must establish a system for the appointment, training and development, moral cultivation, annual evaluation, and self-restraint of directors, strictly distinguishing directorial capabilities from managerial capabilities. In terms of these aspects, this book provides scientific and practical solutions, rich in theory yet clear and easy to understand, making it a must-read for directors, managers, and MBAs.