There have been important, favorable changes in boardroom practices over the past 25 years. Besides, there is still uncompleted work, says author, whose competence in the corporate governance issues was utilized for the lawsuits inculcating the Tyco and Enron disasters at the dawn of this novel century. Drawing on decades of research and expertise, the author outlines the major conditions the alternatives proposed to overcome them and also that boards have confronted over the past quarter century.
He warns of the negative, unintended effects of some of those options, many of which were not thought through carefully and could be predicated on false premises. Ultimately, he offers four recommendations for managers, CEOs, shareholders as well as other stakeholders how to satisfy with future governance challenges within the wider context of company. Put simply, there has to be open communication between all parties along with a consensus on the best reason for the company.
Recommendations to Meet Future Governance Challenges Case Study Solution
PUBLICATION DATE: June 19, 2014 PRODUCT #: IIR117-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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