Corporate Governance Matters brings together comprehensive and objective information for directors and others seeking to improve corporate governance. Writing specifically for practitioners, the authors thoroughly examine the choices available in designing governance systems, explaining what is known about how these choices impact organizational performance.



The authors avoid ideological preconceptions and unsupported opinion, taking an empirical approach that relies on the available statistical and research evidence. Each chapter focuses on one governance feature, reviewing its potential benefits and costs. The authors present conclusions where the evidence supports them and candidly identify areas where broad conclusions cannot be drawn.



Corporate Governance Matters thoroughly addresses key issues ranging from strategic oversight to risk management, succession planning to compensation. Thoughtful and measured throughout, it will be an indispensable resource for directors, policymakers, institutional investors, and researchers alike.



Assessing Board of Directors’ roles

Understanding board duties, liability, selection, compensation, removal, and structure



Compensating and motivating executives

Assessing executive labor markets and planning compensation, incentives, and equity



Ensuring effective reporting and control

Improving the effectiveness of audit committees and external auditors



Understanding external influences

Evaluating institutional shareholders, activist investors, proxy advisory firms, and governance ratings