Reinventing Board Effectiveness: From Best Practice to Best Fit

Lutgart Berghe and Abigail Levrau

Chapter 5 in How to Make Boards Work, 2013, pp 137-152 from Palgrave Macmillan

Abstract: Abstract Codes of best practice have had a great deal of positive impact on boards, directors becoming more active and empowered, taking their jobs more seriously. Boards are not the cosy enclaves they used to be. Directors are getting tough(er) with CEOs today, asking critical questions and demanding answers from management. Moreover, boards face much greater pressure from the public, the government and the shareholders.

Keywords: Corporate Governance; Good Governance; Private Equity; Individual Director; Governance Practice (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-27570-7_6

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DOI: 10.1057/9781137275707_6

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