509 Posts Found

In the wake of news reports about compensation excesses in U.S. companies, Cendant recently announced that it expected to reduce the issuance of employee stock options and use grants of restricted stock instead. That decision has placed Cendant – an $8.9 billion real estate and travel conglomerate – in the vanguard of a movement to reject option-based incentives and return to a more traditional way … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: Corporate Governance, Management

Content: Book | Author: Rakesh Khurana | Subjects: Corporate Governance, Leadership

Terrorism has put managing risk back where it belongs-in the boardroom. But risk management isn’t something directors, or CEOs, should try by themselves.

Content: Article | Author: Lee Errickson | Source: Corporate Board Member | Subject: Corporate Governance

“Corporations determine far more than any other institution the air we breathe, the quality of the water we drink, even where we live. Yet they are not accountable to anyone.”

Here is a free online book by the people behind the excellent corporate governance website, The Corporate Library.

Content: Online Resource | Authors: Nell Minow, Robert A.G. Monks | Subject: Corporate Governance

Only if it is properly governed. From “Capitalism and Its Troubles: A Survey of International Finance.”

Content: Article | Author: Matthew Bishop | Sources: CFO Publishing, The Economist | Subject: Corporate Governance

When Dennis Kozlowski resigned on June 3 as chief executive of Tyco International – shortly before he would have been removed by the board – it raised questions about the future of top executives around him. Assuming they supported, or at least knew about, the strategies of their former boss, should they be ousted as well, or would the loss of institutional knowledge and expertise … [ Read more ]

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

Does soaring CEO pay hurt pension fund investments? That’s the argument of Harvard University’s Archon Fung. In this book excerpt, Fung and co-author Dean Baker say workers should press for reform. Plus: Q&A.

Content: Article | Authors: Archon Fung, Dean Baker | Source: Harvard Business School (HBS) Working Knowledge | Subject: Corporate Governance

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Coping with the bear market in directors’ and officers’ liability insurance.

Content: Article | Author: Kris Frieswick | Source: CFO Publishing | Subject: Corporate Governance

How do you hire a CEO, when you’re not even sure what a CEO does? That’s the query we received from an angst-ridden company founder who had tried and failed — twice — to replace himself. One sleepless night he finally realized he didn’t even know how to write a job description for a replacement CEO. To give guidance to that company builder — and … [ Read more ]

Content: Article | Author: Jennifer Reingold | Source: Inc. Magazine | Subjects: Corporate Governance, Entrepreneurship

Forbes takes a comprehensive look at pay and performance of the top 501 CEOs in 2002. Includes charts and related articles, including one titled ‘Keep Your CEO Out Of Grad School’.

Content: Article | Source: Forbes | Subject: Corporate Governance

Now that an underperforming stock market and the excesses of Enron have focused new attention on the use and abuse of stock options as a way to incentivize senior managers, what changes, if any, should companies make in their design of compensation packages? The answer depends on each company’s philosophy and goals, but Wharton faculty and others suggest guidelines to help define the appropriate combination … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: Corporate Governance, Finance

EBF’s fascinating Debate on Corporate Governance illustrated the variety of challenges facing those who want to promote good Corporate Governance principles. It explored the term’s different meanings across Europe and how approaches differ when applied to specific organisations, such as NGOs or financial institutions. This diversity may nevertheless confuse some Board members, notably in Small and Medium Sized Enterprises (SMEs) where:

– Shareholders … [ Read more ]

Content: Article | Author: Marc Deschamps | Source: European Business Forum (EBF) | Subject: Corporate Governance

EBF’s Spring 2001 Forum asked contributors to consider whether Corporate Governance is delivering value for company stakeholders. A range of articles traced the origins of the main ideas, debated whether there is a distinct and emerging European governance model,and highlighted flaws in current systems. The article here—a reaction to the Forum—is a timely reminder that corporate governance is something much more dynamic than a set … [ Read more ]

Content: Article | Source: European Business Forum (EBF) | Subject: Corporate Governance

Content: Book | Author: Marjorie Kelly | Subjects: Corporate Governance, Social Responsibility (ESG)

The following essay was the winning entry in the PricewaterhouseCoopers Second Annual European Shareholder Value Award held in partnership with EBF and Financial News. Written by Paul Lee, a corporate governance analyst with Hermes Investment Management, the trenchant analysis of the limitations of the current system for remunerating senior managers was unanimously declared the winner.

“Executive managers are not, in general, badly paid, but many of … [ Read more ]

Content: Article | Author: Paul Lee | Source: European Business Forum (EBF) | Subject: Corporate Governance

This is the fifth article in a series intended to help the CEO think through the issues involved in developing a board to contribute meaningfully to the purpose, vision, strategy and development of the organization. It focuses on strategies and tools for assessing the board’s effectiveness and closing any existing gaps.

Content: Article | Authors: Lana J. Furr, Richard M. Furr, Ph.D. | Source: CCG Inc. | Subject: Corporate Governance

They Rule aims to make some of the relationships of the elite of the US ruling class visible. It allows users to browse through the interlocking directories of some of the most powerful American companies (namely the board members of those companies). You can easily see the other corporate affiliations and political donations of that individual as well as find URLs with information … [ Read more ]

Content: Online Resource | Author: Josh On | Sources: Futurefarmers, They Rule | Subjects: Corporate Governance, People

India is not known for rigid corporate governance standards. Is software giant Infosys changing all that? A working paper by HBS professors Tarun Khanna and Krishna Palepu looks at how globalization may—or may not—foster convergence of corporate governance.

Content: Article | Authors: Krishna Palepu, Tarun Khanna | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Corporate Governance, International – Asia

Content: Book | Author: Alfred Rappaport | Subject: Corporate Governance | Industry: Investing