Corporate Governance at the Crossroads: A Book of Readings has both groundbreaking and recent articles on corporate governance. It is a perfect supplement and packaging item with McGraw-Hill/Irwin’s many undergraduate or graduate corporate finance textbooks.
This book discusses the effectiveness of four traditional corporate governance mechanisms: board of directors, audit committee, internal control and audit, external audit) as monitoring and (to a lesser extent) entrepreneurial devices.
Increasingly the importance of corporate governance for economic development in developing economies like Tanzania is indisputable. This book explores the effectiveness of corporate governance in Tanzania and asks how it can be further developed and improved so as to make a difference in the contribution of state-owned enterprises to the economy. The book tries as fairly as possible to probe further into effective corporate governance, using cases of public entities, highlighting shortfalls in their governance and the consequent multiplier effects on socio-economic life. On the other hand, the book also aims to present examples of good governance in multi-layered ways, to show that there is room for creativity and innovation in applying principles of good corporate governance. Recognising that context is crucial, the book starts by assessing Tanzania’s socio-historical and economic context, and gauging various applicable metrics. Using historical and theoretical lenses, including the ethics-accountability relationship, the author aims to improve our understanding of corporate failures and consequent waste in Tanzania. Explaining failures in governance is far from straightforward, as by definition they operate beyond rules and regulations, systems and processes, yet the author draws from decades of local experience and expertise in order to assess the real situation on the ground. The Tanzania case will be of considerable interest to researchers looking at questions of corporate governance and economic development both within the country itself, and across Africa.
In the wake of the dramatic series of corporate meltdowns: Enron; Tyco; Adelphia; WorldCom; 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 latest cases of corporate disaster; An overview of corporate governance guidelines and codes of practice in developing and emerging markets new cases: Adelphia; Arthur Andersen; Tyco Laboratories; Worldcom; Gerstner's pay packet at IBM 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. A CD-ROM containing a comprehensive case study of the Enron collapse, complete with senate hearings and video footage, accompanies the text. Further lecturer resources and links are available at www.blackwellpublishing.com/monks
This major Handbook provides a comprehensive analysis of the development of corporate governance across a range of countries including Australia, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. Whilst the stage in the corporate governance life cycle may vary from country to country, there are certain core features which emerge such as the importance of transparency, disclosure, accountability of directors and protection of minority shareholders rights. With contributions by leading academics and practitioners in the field of corporate governance, the Handbook on International Corporate Governance provides an eloquent insight into the evolution of corporate governance in countries with diverse cultural, economic and legal systems.
The book highlights emerging topics in key areas of corporate governance with special emphasis on traditionally unexplored issues. It also aims to stimulate thinking and debate on vital aspects of practice and approaches to corporate governance. The topics covered in this book deal with timely subjects, written by eminent academics and renowned professionals with outstanding expertise in their respective fields, who bring to fore the latest theories and provide an up-to-date overview of the extant literature on each topic. More importantly, they draw readers attention to implications for future research and developments. The book not only contributes to the academic literature but also improves the decision making of regulators and investors.
The global response to climate change has reached a critical juncture. Since the 1992 signing of the United Nations Framework Convention on Climate Change, the nations of the world have attempted to address climate change through large-scale multilateral treaty-making. These efforts have been heroic, but disappointing. As evidence for the quickening pace of climate change mounts, the treaty-making process has sputtered, and many are now skeptical about the prospect of an effective global response. Yet global treaty-making is not the only way that climate change can be addressed or, indeed, is being addressed. In the last decade myriad initiatives have emerged across the globe independently from, or only loosely connected to, the "official" UN-sponsored negotiations and treaties. In the face of stalemate in the formal negotiations, the world is experimenting with alternate means of responding to climate change. Climate Governance at the Crossroads chronicles these innovations--how cities, provinces and states, citizen groups, and corporations around the globe are addressing the causes and symptoms of global warming. The center of gravity in the global response to climate change is shifting from the multilateral treaty-making process to the diverse activities found beyond the negotiating halls. These innovations are pushing the envelope of climate action and demonstrating what is possible, and they provide hope that the world will respond effectively to the climate crisis. In introducing climate governance "experiments" and examining the development and functioning of this new world of climate policy-making, this book provides an exciting new perspective on the politics of climate change and the means to understand and influence how the global response to climate change will unfold in the coming years.
Extracts and evaluates the core principles of corporate governance. Gives context to the principles through discussions and explanations from selected case studies and real life examples of corporate governance.
Written for directors of companies large and small, "Corporate Governance" helps readers become familiar with the principles and practice of good governance appropriate to their businesses.