Here are 18 books that Corporate Governance fans have personally recommended if you like
Corporate Governance.
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Some
time after starting out as an academic in the field of strategy, I became aware
of the fact that strategists thought and acted as if board members and
shareholders simply did not exist—executives made strategy. The
revelatory moment for me came when I tested this conception of the world
against the reality that I knew, Europe and family business, settings where shareholders
in particular have always played a critical role in deciding on the direction
of the firm. Ever since, I have made it my mission—in research, in
teaching, and in consulting—to make sure that strategy and governance
questions are always raised at the same time.
By
emphasizing accountability, Jill Solomon takes the reader deep into one of the
two critical pillars of corporate governance, the other being power. Whereas many other books stick to defining and describing the institutions of
corporate governance in an ideal world, Solomon explains how these institutions
actually (should and can) work to ensure accountability—of executives to the
board and the shareholders, of the board to shareholders, and of the
corporation to society.
Corporate Governance and Accountability presents students with a complete and current survey of the latest developments involving how a company is directed and controlled. Providing a broad research-based perspective, this comprehensive textbook examines global corporate governance systems, the role and responsibilities of the directorate, and the frameworks designed to ensure effective corporate accountability for stakeholders. A holistic approach to the subject enables students to develop a well-rounded knowledge of corporate governance theory and practice, policy documents, academic research, and current debates, issues, and trends.
Now in its fifth edition, this comprehensive view of the corporate governance agenda features fully revised…
Some
time after starting out as an academic in the field of strategy, I became aware
of the fact that strategists thought and acted as if board members and
shareholders simply did not exist—executives made strategy. The
revelatory moment for me came when I tested this conception of the world
against the reality that I knew, Europe and family business, settings where shareholders
in particular have always played a critical role in deciding on the direction
of the firm. Ever since, I have made it my mission—in research, in
teaching, and in consulting—to make sure that strategy and governance
questions are always raised at the same time.
Too
often, people in the corporate governance field jump to the conclusion that
what works in one country has to work the same way in another country. Although corporate governance is fundamentally about power and accountability,
no matter the setting, one size does not fit all. Thomas Clarke’s book is
an excellent introduction to understanding how different legal systems and
different histories have shaped corporate governance in different national
environments. Learn from the best no matter the source and adapt to local
needs.
Thomas Clarke's International Corporate Governance offers a comprehensive guide to corporate governance forms and institutions and examines the recurring crises in corporate governance and the resulting corporate governance reform around the world.
While the popular structure of the original text has been retained, significant changes have been made to take account of the global financial crisis, ever-changing regulations and worldwide governance developments. Key topics include:
The governance failures of international corporations such as Enron and Lehman Brothers
Diversity in corporate and institutional forms across the world
The role of international corporate governance standards
Digital disruption in capital markets and proposals…
Some
time after starting out as an academic in the field of strategy, I became aware
of the fact that strategists thought and acted as if board members and
shareholders simply did not exist—executives made strategy. The
revelatory moment for me came when I tested this conception of the world
against the reality that I knew, Europe and family business, settings where shareholders
in particular have always played a critical role in deciding on the direction
of the firm. Ever since, I have made it my mission—in research, in
teaching, and in consulting—to make sure that strategy and governance
questions are always raised at the same time.
This
little book makes the questions around corporate governance in the family firm
come alive with examples, people, and, even, feelings. Too often,
corporate governance is considered unnecessary where family ties are supposed
to make up for missing structure. Aronoff and Ward show how family ties
can get in the way of sound business practices and make a very strong case for
prioritizing governance in the family business. Governance in the family
business, unlike governance in the listed company, needs to be precisely
tailored to the situation, and this book provides a blueprint for starting the
process.
Strong family governance can create an environment of smooth decision making, cohesiveness, effective conflict resolution and a directive that moves the business forward. Authors Aronoff and Ward show leaders why a strong governance is critical to taking families from one generation of success to the next.
Some
time after starting out as an academic in the field of strategy, I became aware
of the fact that strategists thought and acted as if board members and
shareholders simply did not exist—executives made strategy. The
revelatory moment for me came when I tested this conception of the world
against the reality that I knew, Europe and family business, settings where shareholders
in particular have always played a critical role in deciding on the direction
of the firm. Ever since, I have made it my mission—in research, in
teaching, and in consulting—to make sure that strategy and governance
questions are always raised at the same time.
This is one of the very few books about corporate governance that provides truly useful, non-obvious tools for improving performance. Starting with a very good exposition of the challenges of modern corporate governance, Martin Hilb offers a variety of charts, self-tests, and questions for reflection that help owners, board members, and executives come to grips with their different roles in directing and controlling the firm. The situations discussed and the advice offered are relevant for listed and private companies – the best short primer on how to apply corporate governance.
In the 5th edition of this successful book Martin Hilb presents an innovative and integrated approach to the theory and practice of corporate governance. Central to this approach is a set of instruments - developed and tested by the author - that can be used by boards to offer effective strategic direction and control to their organizations. The board instruments can be readily applied to the selection, review, remuneration and development of board members, and for conducting board self-evaluations. This new approach to corporate governance is based on four guiding principles: keep it situational, keep it strategic, keep it integrated,…
Sarah Kaplan is Distinguished Professor and Director of the Institute for Gender and the Economy at the University of Toronto’s Rotman School of Management. She is the author of the bestseller Creative Destruction: Why Companies That Are Built to Last Underperform the Market—And How to Successfully Transform Them and The 360º Corporation: From Stakeholder Trade-offs to Transformation, both address the challenges of innovation and organizational change in society. She frequently speaks and appears in the media on topics related to achieving a more inclusive economy and corporate governance reform. Formerly a professor at the Wharton School and a consultant at McKinsey & Company, she earned her PhD at MIT’s Sloan School of Management.
Stout’s book was an early salvo in the current debate about shareholder primacy that opened the way for many who have followed in her footsteps. In this carefully argued book, she disputes the argument that corporate boards are required by law to put the shareholder first, pointing out flaws in legal interpretations that have supported a damaging consensus view. In debunking the shareholder value myth, she shows that the obsessive focus on financial returns has led to dangerous short-termism in which corporate leaders pursue quarterly earnings to the disadvantage of investments that would not only improve social outcomes but also lead to better long term performance. She also demonstrates that shareholders hold many values, only one of which might be financial returns. In this regard, she was a vanguard of the accelerating focus of institutional investors on “stewardship” of the environmental and social impacts of their investments.
“Shareholder value is the dumbest idea in the world.” —Jack Welch
Executives, investors, and the business press routinely chant the mantra that corporations are required to “maximize shareholder value.” In this pathbreaking book, renowned corporate expert Lynn Stout debunks the myth that corporate law mandates shareholder primacy. Stout shows how shareholder value thinking endangers not only investors but the rest of us as well, leading managers to focus myopically on short-term earnings; discouraging investment and innovation; harming employees, customers, and communities; and causing companies to indulge in reckless, sociopathic, and irresponsible behaviors. And she looks at new models of corporate…
I’m a CPA with nearly 20 years of experience in the accounting profession and I provide continuing education to CPA firms in the area of accounting and auditing. One of my areas of specialization is government and nonprofit accounting. I serve on the Financial Accounting Standards Board (FASB’s) Not-for-Profit Advisory Committee and the AICPA’s Governing Council. I am passionate about the standard setting process and ensuring financial reporting is accurate and presented in a way to help the user make financial decisions. I have a BSBA from Georgetown University with a concentration in Accounting and International Business.
This book builds on the information provided by The Little Book of Boards by going into more details into the nitty gritty. This book addresses the legal responsibilities of the board risk management and ethics. It also has a chapter on financial statements and internal controls. Each chapter provides just enough details that the reader can start to get a great understanding of the big picture of a board member’s responsibilities. The book closes with a focus on change management and useful case studies to get the reader thinking about their responsibilities for the nonprofit organization. I’d definitely recommend reading this after the Little Book of Boards to continue to grow the knowledge base without getting overwhelmed.
Nonprofit organizations boards are justifiably passionate about their causes and eager to help their organizations. However, in today s increasingly regulated climate, board members, who come from diverse backgrounds and may have little financial expertise, can feel overwhelmed by the regulations that are their duty to follow. The Best of Boards: Sound Governance and Leadership for Nonprofit Organizations provides not-for-profit board members and financial managers with the essential fiduciary knowledge and indispensable leadership guidance that they need to meet the challenges of the current not-for-profit environment. This book contains: * Financial and ethical guidance for real-life situations * Practical leadership…
I’m fascinated with the relationship between personal growth and professional performance. Why is it in the same environment, doing the same work, some people can excel while others struggle? Most chalk it up to external circumstances that can’t be controlled. Others focus on tactics. But I’ve learned top-performers are masters at the human side of their work–the way they think, lead and serve–and that’s what gives them their edge. All of my work centers around infusing hard skills with improved soft skills, and getting better results in the process. That’s the stuff I find delicious, and it’s what I speak and write about.
There’s no shortage of books on management, but many rely too much on conjecture. This book pulls in hard data derived from Gallup's in-depth research, research I respect so much I reference it in my work. It offers a fresh perspective on what separates great managers from the pack.
I especially appreciated the way it focuses on employees' strengths. Any leadership approach that encourages managers to adapt to individuals is one I can get behind.
Gallup presents the remarkable findings of its revolutionary study of more than 80,000 managers in First, Break All the Rules, revealing what the world's greatest managers do differently. With vital performance and career lessons and ideas for how to apply them, it is a must-read for managers at every level.
Included with this re-release of First, Break All the Rules: updated meta-analytic research and access to the Clifton StrengthsFinder assessment, which reveals people's top themes of talent, and to Gallup's Q12 employee engagement survey, the most effective measure of employee engagement and its impact on business outcomes.
Early in my career I landed a job as a magazine editor. Shazam! I could publish my own articles! But I discovered that I actually had no idea how to write anything interesting, English major though I’d been. So I began to figure out what makes writing work. Over decades as a journalist, corporate communicator, and consultant, I did learn. I also saw colleagues miss their best opportunities, even screw up their lives, by writing badly—unpersuasively. And a mission was born: to share the tools and techniques of powerful communication. I’ve created dozens of workshops for businesspeople and professionals, taught graduate students, and now happily author books jammed with practical advice.
Warren Buffet, the famous investor, is also revered as a master communicator. His annual Letters to Berkshire Hathaway Shareholders are models of clear, transparent writing. They are the best showcases I know for the impact of presenting difficult material in “plain English.” Buffet makes financial information accessible and even interesting to the layperson with an unassuming colloquial tone, humor, anecdotes, and language based on the concrete short words of natural speech. He always delivers substance, even acknowledging his own poor decisions.
The enviable result: he generates trust, the critical ingredient of persuasion. I love introducing students to Buffet’s writing and seeing them analyze what works so well. The letters are available online, but this book usefully collects them along with other Buffet writings and commentary.
The fifth edition of The Essays of Warren Buffett: Lessons for Corporate America continues a 25-year tradition of collating Warren Buffett's philosophy in a historic collaboration between Mr. Buffett and Prof. Lawrence Cunningham. As the book Buffett autographs most, its popularity and longevity attest to the widespread appetite for this unique compilation of Mr. Buffett’s thoughts that is at once comprehensive, non-repetitive, and digestible. New and experienced readers alike will gain an invaluable informal education by perusing this classic arrangement of Mr. Buffett's best writings.
“Larry Cunningham has done a great job at collating our philosophy.”—Warren Buffett
During my childhood I heard many stories of economic collapse, depression, and subsequent war. This created an early awareness of the power of financial forces to shape the welfare, security, and life chances of millions. Since then, I have worked to better understand how such things happen and what could be done about them. I have focused on the nature of power and studied the contingent and contested political processes that shape financial orders. This contestation opens up the possibility of change and makes me hope that future financial orders will, eventually, be based on a wiser, more encompassing understanding of welfare, security, and perhaps even justice, than has been the case so far.
This book is a welcome antidote to the defeatism that results from a crisis-prone view of the world which is so easy to fall into today.
Grable argues that we should recognize that the rigid models that define a narrow “correct” path to progress are inadequate. Instead, she puts forward the value of what she calls “unscripted” innovations and reminds the reader of the value of “muddling through” and incremental change.
Grable shines a well-deserved light on earlier work by Hirschman and Lindblom. She combines an appreciation of the importance of ideas and the necessity of a high tolerance for complexity and incoherence. This book makes the case for the importance of remaining calm and carrying on, while still keeping an eye out for opportunity.
An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global financial crisis.
In When Things Don't Fall Apart, Ilene Grabel challenges the dominant view that the global financial crisis had little effect on global financial governance and developmental finance. Most observers discount all but grand, systemic ruptures in institutions and policy. Grabel argues instead that the global crisis induced inconsistent and ad hoc discontinuities in global financial governance and developmental finance that are now having profound effects on emerging market and developing economies. Grabel's chief…
Early observations of power and privilege came from growing up around my Pulitzer Prize-winning father, Richard Eberhart, and his circle of iconic literary friends. During my long career advising top executives, I came to understand the dynamics of male power and privilege and its fit with individual personality. In their corner suites, I listened to CEOs interpret their pasts and envision their futures while the best of them uncovered their real fears and vulnerabilities. As these (mostly) men confronted their own mythologies and legacies, I, too, got to examine mine—recognizing that the best way to change our companies and our lives is to change ourselves.
This book informed my macroeconomic thinking on the way banks and companies have long been twined and the complex decisions that ultimately somebody—whether company boards or government regulators—need to make when they fail.
This was a perfect study for my own research into the near collapse of the early Hormel company and the reason why it still exists today; Sorkin’s chosen title would apply. Companies have an impact, both good and sometimes bad, and our regional and national economies often suffer from their hubris and greed.
Sorkin’s master storytelling kept me riveted and mesmerized all the way through six hundred and forty pages.
They were masters of the financial universe, flying in private jets and raking in billions. They thought they were too big to fail. Yet they would bring the world to its knees.
Andrew Ross Sorkin, the news-breaking New York Times journalist, delivers the first true in-the-room account of the most powerful men and women at the eye of the financial storm - from reviled Lehman Brothers CEO Dick 'the gorilla' Fuld, to banking whiz Jamie Dimon, from bullish Treasury Secretary Hank Paulson to AIG's Joseph Cassano, dubbed 'The Man Who Crashed the…
