Corporate governance / Christine A. Mallin.

Enhanced descriptions from Syndetics:

Known for its international approach to corporate governance and its accessible nature, Corporate Governance has established itself as an invaluable text for both undergraduate and postgraduate students. Chris Mallin introduces the reader to the theories and development of corporate governance, before looking at owners and stakeholders and directors, all the time illustrating the theory with examples from the press and case studies. Corporate Governance also features a comprehensive section on international governance, including an examination of governance issues in China, India and Brazil.Corporate governance has seen its profile increase because of the financial crisis and this updated edition addresses the changes that have been driven by this situation. Topical examples are included throughout to ensure that students can appreciate the relevance of good governance to their future careers. The book is accompanied by an Online Resource Centre which includes: For students: fill in the blank questions, crosswords, updates on changes in corporate governance codes and practices, links to useful online resources, author's blogFor lecturers: PowerPoint presentations

Table of contents provided by Syndetics

• List of Figures (p. xv)
• List of Mini Case Studies (p. xvi)
• List of Tables (p. xvii)
• List of Abbreviations (p. xviii)
• Glossary (p. xx)
• 1 Introduction (p. 1)
• Part 1 Developments in Corporate Governance
• 2 Theoretical Aspects of Corporate Governance (p. 13)
• Introduction (p. 13)
• Theories associated with the development of corporate governance (p. 14)
• Agency theory (p. 14)
• Separation of ownership and control (p. 15)
• Transaction cost economics (p. 17)
• Stakeholder theory (p. 18)
• Stewardship theory (p. 19)
• The theories in context (p. 20)
• Convergence (p. 20)
• Conclusions (p. 21)
• 3 Development of Corporate Governance Codes (p. 25)
• The growth in corporate governance codes (p. 25)
• Corporate governance in the UK (p. 26)
• Cadbury Report (1992) (p. 35)
• OECD Principles of Corporate Governance (1999) as revised (2004) (p. 37)
• World Bank (p. 39)
• Global Corporate Governance Forum (p. 39)
• International Corporate Governance Network (p. 40)
• Commonwealth Association for Corporate Governance (p. 40)
• EU and Corporate Governance (p. 41)
• Basle Committee (p. 42)
• US corporate governance (p. 43)
• Delaware corporate law (p. 44)
• Employee Retirement Income Security Act 1974 (p. 44)
• Sarbanes-Oxley Act 2002 (p. 44)
• Commission on Public Trust and Private Enterprise 2003 (p. 46)
• NYSE Corporate Governance Rules (2003) (p. 48)
• Emergency Economic Stabilization Act (2008) (p. 49)
• NACD Key Agreed Principles to Strengthen Corporate Governance for US Publicly Traded Companies (2008) (p. 49)
• NGOs, public sector, non-profit organizations, and charities (p. 50)
• Conclusions (p. 52)
• Part 2 Owners and Stakeholders
• 4 Shareholders and Stakeholders (p. 63)
• Shareholders and stakeholders (p. 63)
• Stakeholder groups (p. 65)
• Guidance on shareholders' and stakeholders' interests (p. 67)
• Roles of shareholders and stakeholders (p. 72)
• Conclusions (p. 73)
• 5 Family-owned Firms (p. 83)
• Introduction (p. 83)
• Ownership structures around the world (p. 83)
• Family-owned firms and governance (p. 85)
• Smaller quoted companies (p. 87)
• Conclusions (p. 89)
• 6 The Role of Institutional Investors in Corporate Governance (p. 105)
• Introduction (p. 105)
• Growth of institutional share ownership (p. 106)
• Influence of institutional investors (p. 107)
• Private equity and sovereign wealth funds (p. 112)
• Institutional investors' relationship with investee companies (p. 114)
• Tools of corporate governance (p. 114)
• Corporate governance and corporate performance (p. 122)
• Conclusions (p. 124)
• 7 Socially Responsible Investment (p. 137)
• Introduction (p. 137)
• SRI and corporate governance (p. 138)
• Strategies for SRI (p. 139)
• Institutional investors' policies (p. 140)
• International guidance (p. 144)
• CSR indices (p. 145)
• Corporate social responsibility (p. 146)
• The impact on shareholder value (p. 147)
• Conclusions (p. 148)
• Part 3 Directors and Board Structure
• 8 Directors and Board Structure (p. 161)
• Introduction (p. 161)
• Unitary board versus dual board (p. 161)
• Combined Code (p. 163)
• The board of directors (p. 164)
• Role of the board (p. 164)
• Role, duties, and responsibilities (p. 165)
• Board sub-committees (p. 168)
• Audit committee (p. 169)
• Remuneration committee (p. 170)
• Nomination committee (p. 171)
• Risk committee (p. 172)
• Ethics committee (p. 173)
• Non-executive directors (p. 173)
• Independence of non-executive directors (p. 174)
• Contribution of non-executive directors (p. 175)
• Higgs Review (p. 176)
• Director evaluation (p. 176)
• Board diversity (p. 178)
• Conclusions (p. 178)
• 9 Directors' Performance and Remuneration (p. 189)
• The directors' remuneration debate (p. 189)
• Key elements of directors' remuneration (p. 192)
• Role of the remuneration committee (p. 193)
• Performance measures (p. 194)
• Remuneration of non-executive directors (p. 196)
• Disclosure of directors' remuneration (p. 197)
• International guidance on executive remuneration (p. 198)
• Conclusions (p. 200)
• Part 4 International Corporate Governance
• 10 Corporate Governance in Continental Europe (p. 211)
• Background (p. 211)
• Germany (p. 214)
• Denmark (p. 220)
• France (p. 225)
• Italy (p. 230)
• Convergence or divergence (p. 235)
• Conclusions (p. 236)
• 11 Corporate Governance in Central and Eastern Europe (p. 245)
• Introduction (p. 245)
• Privatization process and its implications (p. 246)
• The Czech Republic (p. 247)
• Poland (p. 255)
• Russia (p. 260)
• Hungary (p. 266)
• Conclusions (p. 271)
• 12 Corporate Governance in the Asia-Pacific (p. 281)
• Introduction (p. 281)
• Japan (p. 282)
• South Korea (p. 288)
• Malaysia (p. 291)
• China (p. 294)
• Australia (p. 299)
• Conclusions (p. 305)
• 13 Corporate Governance in South Africa, India, and Brazil (p. 317)
• Introduction (p. 317)
• South Africa (p. 318)
• India (p. 322)
• Brazil (p. 325)
• Conclusions (p. 331)
• 14 Conclusions (p. 343)
• Index (p. 347)

Author notes provided by Syndetics