Corporate Governance

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Corporate Governance Practices, procedures and powers in British companies and their boards of directors In his latest book Bob Tricker argues that the idea of the company, rooted in nineteenth-century ideology, bears little resemblance to the complexity of the modern, international corporation. Those who must direct, control and govern such groups, and those who demand greater accountability and regulation, are constrained by the lack of a relevant conceptual framework. The theme of the book can be simply stated: • the concept of the company was a brilliantly simple and highly successful device, but is rooted in nineteenth-century ideology, • practices in companies have diverged from the elegant model, by proliferation of companies and increasing size, concentration, diversification, internationalisation and corporate complexity, • the need is for an understanding of the processes of governance, both for those who direct and those concerned with corporate regulation. The... Tovább

Fülszöveg

Corporate Governance Practices, procedures and powers in British companies and their boards of directors In his latest book Bob Tricker argues that the idea of the company, rooted in nineteenth-century ideology, bears little resemblance to the complexity of the modern, international corporation. Those who must direct, control and govern such groups, and those who demand greater accountability and regulation, are constrained by the lack of a relevant conceptual framework. The theme of the book can be simply stated: • the concept of the company was a brilliantly simple and highly successful device, but is rooted in nineteenth-century ideology, • practices in companies have diverged from the elegant model, by proliferation of companies and increasing size, concentration, diversification, internationalisation and corporate complexity, • the need is for an understanding of the processes of governance, both for those who direct and those concerned with corporate regulation. The alternative structure that is offered is designed to 'reflect business reality' and mirrors the corporate decision-taking power, rather than conforming to out-dated de jure expectations. Many implications flow from this rethinking of the basis of governance for the modern enterprise. Corporate governance provides a radical new interpretation of the processes involved in directing every company. Alsó gives vitai new insights into social policy - arguing that the UK ideas on self-governance have much to offer to Common Markét developments. Vissza