Although governance regulations and management culture differ from firm to firm, the following best practices can – and should – cross borders:
1. Select the right directors
2. Train them continuously
3. Give them the right information
4. Balance the power of the CEO and directors
5. Nurture a culture of collegial questioning
6. Gain from directors an adequate commitment of time
7. Measure and improve
Content: Article
Authors: Bill Birchard, Christian Burger, Paul F. Kocourek
Source: strategy+business
Subject: Corporate Governance
Authors: Bill Birchard, Christian Burger, Paul F. Kocourek
Source: strategy+business
Subject: Corporate Governance
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