21st Century Corporate Board - Hardcover

Ward, Ralph D.

Hardcover

ISBN 10: 0471156795 ISBN 13: 9780471156796

Publisher: Wiley, 1996

Synopsis

The Lowdown on the Hottest Trends in Corporate Goverance--A Complete Blueprint for Tomorrow's Corporate Board Member Regulations, economics, shareholders, court battles--these factors have transformed the corporate board into a powerful, independent force in business. Now boardroom expert Ralph Ward deconstructs the "how and why" of this remarkable phenomenon, and offers a comprehensive, trenchant analysis of the tough issues which the 21st Century Corporate Board will bring to the table. You'll find in-depth coverage of all of the leading topics in board makeup, pay, training, operations, and organization, including:
* How the "new directors" will change the corporate equation--women, inorities, entrepreneurs, executives below the CEO level, and others
* The move toward increased professionalism, including director certification, accountability, and more
* The hidden minefield of stakeholder concerns, from employees to local communities
* The pros and cons of paying corporate directors in stock--do we really want directors who are major shareholders?
* Future regulations from the SEC, IRS, and major stock exchanges--gearing up for compliance
* The growing power of board committees, and what this means for the board as a whole
* The coming struggle among shareholder groups to set the board agenda
* The new corporate balancing act for directors--independent, but involved; powerful, but responsive; focusing on the short term, but keeping a long-term view

About this title

About the Author

About the author RALPH D. WARD, Editor of The Corporate Board magazine, is a nationally recognized writer and commentator on the role of corporate boards of directors and their future in American corporate governance.

From the Back Cover

The Lowdown on the Hottest Trends in Corporate Goverance A Complete Blueprint for Tomorrow s Corporate Board Member Regulations, economics, shareholders, court battles these factors have transformed the corporate board into a powerful, independent force in business. Now boardroom expert Ralph Ward deconstructs the "how and why" of this remarkable phenomenon, and offers a comprehensive, trenchant analysis of the tough issues which the 21st Century Corporate Board will bring to the table. You ll find in-depth coverage of all of the leading topics in board makeup, pay, training, operations, and organization, including:

• How the "new directors" will change the corporate equation women, inorities, entrepreneurs, executives below the CEO level, and others
• The move toward increased professionalism, including director certification, accountability, and more
• The hidden minefield of stakeholder concerns, from employees to local communities
• The pros and cons of paying corporate directors in stock do we really want directors who are major shareholders?
• Future regulations from the SEC, IRS, and major stock exchanges gearing up for compliance
• The growing power of board committees, and what this means for the board as a whole
• The coming struggle among shareholder groups to set the board agenda
• The new corporate balancing act for directors independent, but involved; powerful, but responsive; focusing on the short term, but keeping a long-term view

From the Inside Flap

21st Century Corporate Board Over the last decade, dramatic changes in how corporations are led have radically transformed the board and its role in business. No longer a safe haven for the walnut-paneled aristocracy, today s board is an autonomous power center for corporate leadership. How did this happen, and why? More importantly, how will tomorrow s boards consolidate their newfound strength to tackle fresh challenges in the years ahead? 21st Century Corporate Board addresses these critical questions and more, offering both a masterful analysis of the forces driving corporate governance and a bold new blueprint of the structures, tools, and knowledge demanded for the effective boards of the future. You ll find detailed coverage of all of the key issues in board makeup, pay, and training from strategic board recruitment and "pay for performance" to director certification and high-tech board meetings. The book also helps you make sense of the revolution in board operations and organization, including cooperation with management, liability and compliance concerns, and the structure and use of special committees. In the modern corporate board, directors must think like owners, act like managers, and retain their independence. With its hard-hitting, market-based approach and razor-sharp insights, this book vividly illustrates the contradictions of allegiance and focus demanded by the new corporate dynamic giving you a crucial jump on the action agenda of the 21st Century Corporate Board.

Edition details

• Publisher: Wiley
• Publication date: 1996
• Language: English
• ISBN 10: 0471156795
• ISBN 13: 9780471156796
• Binding: Hardcover
• Edition number: 1
• Number of pages: 384