Best Practice in Corporate Governance
- ID: 301982
- January 2006
- 182 Pages
- Ashgate Publishing
Corporate governance has expanded in scope since its early focus on the financial aspects of business direction, so that it now embraces new areas of accountability, including those of corporate social responsibility and the environment. A new area of concern, driven by the need for quoted companies to report against area of risk control specified in the report of the Turnbull Committee, is the range of risks and uncertainties which may threaten a company. Some of these are external risks, such as the loss of business sustained by airlines after the September 11th tragedy; others are internal risks, such as the fraud which destroyed Enron.
The approach to the publication "A Strategic Approach to Corporate Governance" was philosophical and big picture. This book explores the operational issues around corporate governance giving examples of good practice. It is a "how to" book which focuses on processes and practical issues, making the case for corporate governance in terms of measurable business benefits and competitive advantage.
The book is divided into seven sections:
- What is corporate governance and why is it important?
- Different approaches to corporate governance. How can corporate governance be made to work?
- Leadership and corporate governance
- Orgainsing for corporate governance
- Different models of corporate governance
- The future of corporate governance
- Case studies.
Foreword - Sir Adrian Cadbury
Part 1 Organising for Effective Governance: What is corporate governance? Why is it important?
Different approaches to corporate governance: how can corporate governance be made to work?
Leadership and corporate governance
Implementing corporate governance.
Part 2 Different Models of Corporate Governance: Company models
Entrepreneurs and family companies
Reputation and social/ecological responsibility;
Risk and investment
The future of corporate governance.
Part 3 Appendices: A
ppendix A - BusinessTown.com;
Appendix B - Gerard International;
Appendix C - Johnson & Johnson;
Appendix D - The SPL Corporate Health Check.