Corporate governance is directors making decisions: reforming the outward foundations for inside decision making

Author:

Useem Michael

Abstract

If companies do have the right directors and practices in place, they will benefit from board leadership along with executive leadership. Great leadership is required of the top management team, but it is equally essential from those who are ultimately responsible for the team and the fate of the firm. Good decisions premised on strategic thinking and followed by timely execution will give the board what it needs to give the investors what they deserve.

Publisher

Virtus Interpress

Subject

General Business, Management and Accounting

Reference20 articles.

1. Ascarelli, S.: 2003, “Corporate Reform Through Tweaks”, Wall Street Journal, January 21.

2. Business Roundtable: 2002, Principles of Corporate Governance (New York: Business Roundtable).

3. Cadbury, A.: 2002, Corporate Governance and Chairmanship: A Personal View (New York: Oxford University Press).

4. Conference Board, Commission on Public Trust and Private Enterprise: 2003, Findings and Recommendations. Part 2: Corporate Governance, January 9 (New York: The Conference Board), p. 17.

5. Enron Corporation: 2000, Code of Ethics, July 1 (Houston: Enron Corporation).

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