Change Across the Board
In response to the crisis of US corporate governance, directors are beginning to demand change. McKinsey surveyed 200 of them sitting on some 500 boards and found support for making these bodies more independent of management and for more awareness by directors of the challenges and risks facing their companies. The authors present a seven-part board governance reform program intended to make boards more independent … [ Read more ]
Content: Article | Authors: Mark Watson, Robert F. Felton | Source: McKinsey Quarterly | Subject: Corporate Governance
Corporate Reform in the Developing World
Advocates of more effective corporate governance have been focusing on corporate reform at the expense of institutional reform. Now is the time to change tactics.
Content: Article | Authors: Mark Watson, Paul Coombes | Source: McKinsey Quarterly | Subjects: Corporate Governance, International