In today's business environment, global businesses are under close
scrutiny and profound pressures from lawmakers, regulators, the
investment community, and their diverse stakeholders to accept
accountability and responsibilities for their corporate governance
effectiveness. Corporate governance is a process (journey) of
managing corporate affairs to create shareholder value and protect
interests of other stakeholders. The landscape of corporate
governance has significantly changed in recent years and there is a
need for a good book presenting roles and responsibilities of
corporate governance participants including directors, officers,
stakeholders and corporate gatekeepers. Effective corporate
governance should develop a right balance between the achievement
of short-term targets and long-term sustainable performance. To
effectively fulfill their fiduciary duties, corporate governance
participants should lead from the front and by example and manage
instability in hypercompetitive and global environments. This
timely and relevant book describes the practice of good governance
in the aftermath of recent global crisis with a keen focus on
internal and external corporate governance mechanisms to address
future global challenges.
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