Such accounts are rooted in assumptions of board activity that are essentially adversarial in nature, and that the solution to the 'problem' of reconciling the interests of managers with those of shareholders is to increase the checks and balances available to the board of directors. The findings of this study show that boards, in many cases, are far more than passive rubber stamps for management and that non-executives are encouraged to act as trusted advisers to the executives and the chief executive, rather than solely monitors of executive activity. Boards are important mechanisms in maintaining the strategic framework of the organization through setting the boundaries of organizational activity. The potential of the board members, in particular the non-executives, to fulfil such a mandate depends on a number of factors, including ability, willingness to engage with the organizational issues, and the degree of knowledge they have relevant to the host firm. Above all, the degree of trust built between members of the board, and between the board and key external constituencies, is at the heart of effective board behaviour.
The first detailed analysis of the internal working and the external relationships of the boards of Britain's leading companies. Responding to calls for greater scrutiny of Boards of Directors, this book presents an in-depth examination of directors of UK organizations, drawing on the accounts of directors themselves as to their roles, influence, and the potential and limits to their power, finding boards to be important mechanisms in maintaining the strategic framework of the organization.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
The first detailed analysis of the internal working and the external relationships of the boards of Britain's leading companies. Responding to calls for greater scrutiny of Boards of Directors, this book presents an in-depth examination of directors of UK organizations, drawing on the accounts of directors themselves as to their roles, influence, and the potential and limits to their power, finding boards to be important mechanisms in maintaining the strategic framework of the organization.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.