509 Posts Found

Despite the many well-researched articles about individual chief executive officers, there have been no systematic studies of the impact on CEOs’ careers of the tectonic shifts in global business, such as rising shareholder activism and changing corporate governance. Although the performance of chief executives has been the subject of extensive research, much of that research has focused on performance relative to compensation. Little if anything … [ Read more ]

Content: Article | Authors: Charles E. Lucier, Eric Spiegel, Rob Schuyt | Source: strategy+business | Subjects: Corporate Governance, International

Charles Elson, director of the University of Delaware’s Center for Corporate Governance, is much in demand these days. Here, he talks about pay for performance, why a lot of directors won’t be returning next year, and how sniffing out fraud is like looking for ants.

Content: Article | Author: A.J. Vogl | Source: Across the Board (ATB) | Subjects: Corporate Governance, People

The primary object of this organization is to make corporations accountable “to all stakeholders, instead of only to stockholders” through public disclosure. Find research, reports, and statements, mostly written by founder Ralph Estes, plus The Sunshine Standards for reporting. Sometimes combative in attitude, this site stresses the importance of pleasing one’s employees and stockholders, as well as the general public.

Content: Online Resource | Source: The Center for Advancement of Public Policy | Subject: Corporate Governance

A well-designed CEO-compensation plan has four elements to it. One is base salary; one is a short-term bonus that is basically a one-year result based on customer satisfaction and the employee-values survey as well as just financial results. Then there’s a longer-term cash bonus, based on the same results over three to five years. Finally, I think stock options-at a reasonable level, please-are an appropriate … [ Read more ]

Content: Quotation | Source: Across the Board (ATB) | Subject: Corporate Governance

If a few rotten apples can spoil the barrel, I think we have to look at the nature of the barrel, not just the apples. Organizational design, structure, and culture do play a role and almost always have in corporate scandals. Companies that get into trouble often do so because of minimal internal connections between many parts of the organization. With deficient information and knowledge, … [ Read more ]

Content: Quotation | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Corporate Governance, Organizational Behavior

As the debate continues over what constitutes good corporate governance, one suggestion has proved particularly intriguing – that the positions of chairman and chief executive officer be held by different people. The idea has both defenders and detractors, but everyone agrees that new checks and balances are necessary to prevent the types of abuses that have allowed some senior executives to virtually bankrupt their companies. … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Corporate Governance

A comprehensive look at the evolution of corporate governance reforms in the United States over the past 20 years, with practical recommendations for making the corporate board a more effective resource for companies.

Content: Book | Authors: David L. Finegold, Edward E. Lawler III, Jay A. Conger | Subject: Corporate Governance

How social and sustainability reporting can make a real difference in changing business performance, impacts, and outcomes.

Content: Article | Author: Simon Zadeck | Source: GreenBiz.com | Subjects: Corporate Governance, Social Responsibility (ESG)

Corporate governance plays a fundamental role in any economy, but does it play the same role, asks Wharton management professor Mauro Guillen in a research paper entitled “Corporate Governance and Globalization: Is There Convergence Across Countries?” The answer, Guillen concludes, is no. Despite increasing globalization, separate economies go about corporate governance in different ways, ranging from the Anglo-Saxon shareholder-centered model found in the U.S. and … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Corporate Governance

Dissatisfaction with excessive CEO pay has grown steadily in recent years, and the calls for pay cuts in the corner offices have never been louder than in the wake of the recent corporate scandals. But while everyone from the man on the street to the man in the Oval Office has an opinion on how much is too much, no one seems to be able … [ Read more ]

Content: Article | Author: Melissa Master | Source: Across the Board (ATB) | Subject: Corporate Governance

Did you ever expect a corporation to have a conscience, when it has no soul to be damned and no body to be kicked?

Content: Quotation | Source: Fast Company | Subjects: Corporate Governance, Ethics

The Office of the Chief Executive, a small group of senior executives who help the CEO run the business, has been used as a management tool for at least a century. During that time, its popularity has waxed and waned, it has served a variety of purposes, and it has even been known by a number of names. Here are some pluses and minuses to … [ Read more ]

Content: Article | Author: Robert J. Kramer | Source: Across the Board (ATB) | Subjects: Corporate Governance, Management

Boards are supposed to monitor top executives, but too often give them carte blanche. That’s why regulators are writing stricter rules for the corporate-governance game. Plus: Finance executives sound off about audit committees in a new CFO survey.

Content: Article | Author: Andrew Osterland | Source: CFO Publishing | Subject: Corporate Governance

Harvard Business School recently launched two Web sites dedicated to the topic of corporate governance. This one combines research and other resources and is tied to an ongoing HBS workshop on the topic. It is a comprehensive guide to the full range of new and ongoing activities and resources related to this important subject across the School. It includes links to the workshop series; background … [ Read more ]

Content: Online Resource | Source: Harvard Business School (HBS) | Subject: Corporate Governance

Harvard Business School recently launched two Web sites dedicated to the topic of corporate governance. This one is the online presence of the School’s five-year-old program devoted to better understanding how corporate governance systems function. Its research agenda has focused on how those systems can be improved to ensure the long-term growth and stability of national economies and of the global economy as a whole.

The … [ Read more ]

Content: Online Resource | Source: Harvard Business School (HBS) | Subject: Corporate Governance

Can U.S. regulators improve corporate governance at home by looking overseas?

Content: Article | Author: Craig Schneider | Source: CFO Publishing | Subject: Corporate Governance

To encourage fund managers to act solely in the interests of shareholders, activists want their proxy votes disclosed.

Content: Article | Author: Ronald Fink | Source: CFO Publishing | Subjects: Corporate Governance, Finance | Industry: Finance / Banking

As the recent proposed sale of Hershey Foods shows, any action a company takes that affects the well-being of its employees and community, among other stakeholders, should be made by a board interested in more than the bottom line. Wharton marketing professor Scott Armstrong urges boards of directors to be democratic and more representative of stakeholder interests. The result, he says, would be fairer and … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Corporate Governance

This article takes a look at the new legislation in the US as a result of Enron and other corporate governance scandals. Though somewhat topical, it examines some larger issues such as one country’s right to regulate foreign companies that are listed on their bourses, etc.

Content: Article | Source: The Economist | Subject: Corporate Governance

Executive compensation practices won’t change until accounting rules for options are fixed.

Content: Article | Author: Andrew Osterland | Source: CFO Publishing | Subjects: Corporate Governance, Finance