Thin on Top: Why Corporate Governance Matters and how to Measure and Improve Board Performance

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Annotation "Thin On Top deconstructs US and UK corporate governance practices and lays out plans for developing universal methods of learning, measuring, and managing a new set of competenceis to break the cycle of corporate misdeeds, professionalize directing and improve board performance." "Good corporate governance is not just complying with the rules in a formulaic way, but is about the board's performance contributing to the direction, health, and wealth of the organization. The ultimate measure of board performance is the continuous accumulation of shareholder value whilst simultaneously developing good relations with the growing powers of stakeholder networks. Thin On Top takes the raging international debate on corporate governance away from its over-fixation on the headline compliance issues and moves it into two key areas: assessing Board Performance and developing a Learning Board." "Bob Garratt argues against the current complacency and idolization of 'celebrity CEOs' and seeks to re-establish the supremacy of the board of directors as the bastion of the company's, and shareholder's, rights. To reach this end the book emphasizes that there are fundamental differences between 'managers' and 'directors', and that the majority of organizations are over-managed and under-directed. It finds that many of the current 'corporate disaster' cases are caused by a toxic mixture of directoral ignorance, strategic incompetence, and personal cowardice."--BOOK JACKET. Title Summary field provided by Blackwell North America, Inc. All Rights Reserved.

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  Thin on Top: Why Corporate Governance Matters and How to...

  • 2006
  • 246 pages
  • Paperback
  • Nicholas Brealey International