Companies like Enron, WorldCom, and Siemens have defined the dark side of the corporate world in the 21st century. This timely book is designed to address the diverse requirements of directors and heightened investor awareness, with an intelligent and comprehensive presentation of the structure and practice of boardroom management.The second edition takes account of recent developments like the Sarbanes-Oxley Act of 2002, codes of conduct promulgated by non-government organizations and institutional investors, debates over the audit committee's roles and responsibilities, and new cases illustrating the problems facing directors as they negotiate the twin challenges of global competition and social responsibility. It walks readers through the legal and philosophical theories of corporate governance, translates these into practical implications for boardroom practices, and guides managers and directors on how to build their own frameworks for considering ethical and strategic issues that routinely appear in the boardroom. The practical approach is complemented by numerous illustrations and cases at the end of each chapter for discussion and self-appraisal.
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Phillip H Phan is the Warren H Bruggeman '46 and Pauline Urban Bruggeman Distinguished Professor of Management at the Lally School of Management & Technology at Rensselaer Polytechnic Institute. He was the 2004 and 2005 Haniel Foundation Distinguished Visiting Professor at Humboldt University in Berlin and is the 2006/2007 Bosch Public Policy Fellow at the American Academy in Berlin. During summers, he is Visiting Research Professor at Singapore Management University.Phil has published in such journals as the Academy of Management Journal, Asia Pacific Journal of Management, Corporate Governance, European Management Journal, Journal of Business Venturing, Journal of Management, Research Policy, IEEE Engineering Management and Small Business Economics. He serves on the editorial review board of the Academy of Management Journal, and is Associate Editor for the Journal of Business Venturing, Journal of Financial Stability, and Journal of Technology Transfer.Phil's current projects include Theoretical Advances in Family Enterprise Research (InfoAge Press), Entrepreneurship and Economic Development in Emerging Regions (Yale University Press), and Taking Back the Boardroom (Imperial College Press). His areas of research are in innovation and technology transfer, corporate governance in strategic alliances, and entrepreneurial market entry strategies.He has consulted for the World Bank, OECD, Singapore Institute of Directors, U.S. Small Business Administration, and such companies as HP, IBM, Ernst & Young, Pillsbury, Agilent, SK Group (Korea), SanomaWSOY (Finland), Singapore Airlines, PACCAR (US), and technology venture capital firms in Toronto and New York.Phil is a PADI Divemaster (199340) who is always looking for a buddy and a tank of compressed air.
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