Preface
Chapter 1 Introduction to Corporate Governance
Self-Interested Executives
Defining Corporate Governance
Corporate Governance Standards
Best Practice or Best Practices? Does "One Size Fit All"?
Relationship between Corporate Governance and Firm Performance
Endnotes
Chapter 2 International Corporate Governance
Capital Market Efficiency
Legal Tradition
Accounting Standards
Enforcement of Regulations
Societal and Cultural Values
Individual National Governance Structures
Endnotes
Interlude
Chapter 3 Board of Directors: Duties and Liability
Board Responsibilities
Board Independence
The Operations of the Board
Duration of Director Terms
Director Elections
Removal of Directors
Legal Obligations of Directors
Endnotes
Chapter 4 Board of Directors: Selection, Compensation, and Removal
Market for Directors
Director Recruitment Process
Director Compensation
Removal of Directors
Endnotes
Chapter 5 Board of Directors: Structure and Consequences
Board Structure
Summary
Endnotes
Interlude
Chapter 6 Strategy, Performance Measurement, and Risk Management
Organizational Strategy
Strategy Implementation Process
Business Model Development and Testing
Key Performance Measures
How Well Are Boards Doing with Performance Measures and Business Models?
Risk and Risk Management
Risk and Risk Tolerance
Risk to the Business Model
Risk Management
Oversight of Risk Management
Assessing Board Performance on Risk Management
Cybersecurity