Excellence in the Boardroom: Best Practices in Corporate Directorship Review

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Excellence in the Boardroom: Best Practices in Corporate Directorship ReviewI work for a book summary company. One of the books selected for summary is this book.
Coming close on the heels of the Enron disaster, this book indeed highlights the need for correction in the board room practices. The book makes a strong case for enacting sound policies of ethical corporate governance and ensuring shareholders' interest. With a vast experience accumulated over the years behind him, Dimma uses his actual experience and observations to reveal how the boards function, and the crucial issues and controversies that boards face. Putting his weight behind the need for separating the posts of CEO and Chairman, Dimma goes on to tackle other vital aspects that fall within the purview of the board. Thus you will find the book covers in detail on the effective ways of board governance, executive director compensation, CEO succession planning, proper evaluation of the board and directors, pension fund management, advisory boards and the encroaching role of institutional investors. For people who are not privy to the happening behind the board, this book throws open the door to offers his perspectives on how and why the board of directors have failed in their responsibilities to evolve proper corporate governance, the need for striking the right relationship between management and the board of directors and the useful processes that can be adopted to make the board function morally and effectively. Indeed the many issues that he discusses are of immense value that companies must address. In the aftermath of the disgraceful exit of Enron, Worldcom, Tyco and many others, whose unethical corporate culture saw the complete erosion of shareholders' interest, this book is indeed valuable for the many invaluable advice and issues it takes up.Excellence in the Boardroom: Best Practices in Corporate Directorship Overview

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