Conclusion

Alicia Micklethwait and Patricia Dimond

Chapter 10 in Driven to the Brink, 2017, pp 201-219 from Palgrave Macmillan

Abstract: Abstract In the preceding chapters we have illustrated how shortcomings in corporate governance and the prevailing culture within a company have driven companies close to, and sometimes beyond, the brink of disaster. While we acknowledge that other factors also contribute to failure, we contend that effective board oversight and a productive ethical culture will, if not always prevent, at least mitigate the consequences of poor decisions and external shocks.

Keywords: Corporate Governance; Independent Director; Credit Default Swap; Supervisory Board; Executive Compensation (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-59053-4_10

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DOI: 10.1057/978-1-137-59053-4_10

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