Technical Note
Favorite

Boards of Directors and Corporate Governance

Over the past few years, corporate governance reform has been advocated as a response to the business crises experienced in the United States and Europe. The response of governments has been a greater intervention in the internal functioning of companies through the regulation of the institutions of corporate governance, bringing greater clarity to the directors' conflicts of interest, and imposing heavier penalties. The legal framework is indispensable, but the company also needs to create economic value with its products and services, invest, innovate, create employment, offer opportunities for training and continuous improvement, and have a positive impact on society at large. In the last instance, a company's board of directors should focus on the company's project - beyond the products and services which it offers today - to allow it to survive in the long term.

Collection: IESE (España)
Ref: DGN-639-E
Format: PDF
Number of pages: 19
Publication Date: Feb 13, 2004
Language: English, Spanish

Description

Over the past few years, corporate governance reform has been advocated as a response to the business crises experienced in the United States and Europe. The response of governments has been a greater intervention in the internal functioning of companies through the regulation of the institutions of corporate governance, bringing greater clarity to the directors' conflicts of interest, and imposing heavier penalties. The legal framework is indispensable, but the company also needs to create economic value with its products and services, invest, innovate, create employment, offer opportunities for training and continuous improvement, and have a positive impact on society at large. In the last instance, a company's board of directors should focus on the company's project - beyond the products and services which it offers today - to allow it to survive in the long term.
Read more

Learning Objective

The aim of this technical note is to direct the attention paid to potential improvements in corporate governance towards the role of the board of directors and, at a secondary level, that of the executive committee.

Boards of Directors and Corporate Governance

Options of use
Number of copies
- +
As low as €8.20

Are you interested in this product?

Add it to your favourites so that your institution can purchase it.
You'll be able to order once your profile has been validated.
Add to wishlist

Leave your rating

"Boards of Directors and Corporate Governance"