Fine-tuning Board Effectiveness Is Not Enough

Lutgart Berghe and Abigail Levrau

Chapter 6 in How to Make Boards Work, 2013, pp 153-183 from Palgrave Macmillan

Abstract: Abstract Defining governance and board effectiveness is not a straightforward exercise. In principle, boards are seen to be responsible for reaching the corporate goal and ambition. As an example, the Belgian corporate law states that it is the board’s duty (its reason for being) to do anything that is necessary in order to realise the corporate goal. Based on the fact that directors have been blamed (or even attacked) for not being able to prevent corporate collapses during the ‘Internet bubble’ or for the failures during the financial crisis, this seems to be the opinion of society as well.

Keywords: Corporate Governance; Audit Committee; Private Equity; Monitoring Role; Board Effectiveness (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-27570-7_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137275707

DOI: 10.1057/9781137275707_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().