Corporate Boards

This outstanding work reveals how boards governing 21st-century organizations can change their practices and align their principles to successfully govern the organization of the new economy. The authors propose that judging a board's effectiveness should be done not in a "shareholder" context but in a "stakeholder" context instead. They couch their reforms in a framework that focuses on what determines effective governance behavior: information, knowledge, power, and rewards.They argue it is behavior, not practices that count, and look at boards from a group and an organizational perspective.

WHAT SHOULD BOARDS DO? Critical Boards Activities. Attributes of High Performance Boards. PRINCIPLES AND PRACTICES FOR EFFECTIVE BOARDS. Board Membership. Board Leadership. Information for High Performance Boards. Evaluating the CEO. Evaluating and Rewarding the Board?: Performance. BOARDS IN THE FUTURE. Governing in the Age of the Internet. To Whom Are Boards Accountable? Redesigning the Board: New Governance Forms. Conclusion. Appendix: Research Background.