Corporate Governance and Chairmanship: A Personal View

Rating:
Summary: Authoritative Guide to the Cahirman's Role
Review: This could hardly be bettered as a guide for chairmen and board members on roles, relationships, key tasks and how to accomplish them. The author chaired the UK review, The Committee on the Financial Aspects of Corporate Governance and is a world authority in the field. He provides clear and well-organized coverage of the essential features of good governance and how boards can achieve it, without getting lost in legal/accounting technicalities.
He also provides some discussion of the issues of governance arising in a changing world (social responsibilities, environmental issues, responsibilities to stakeholders other than shareholders), but covers these rather more superficially.
He also includes some interesting reflections on the differences between US and UK Board structures - at a time when US practice is changing towards the separation of the Chairman and the CEO roles.