Corporate Governance Matters

The Definitive Guide to High-Performance Corporate Governance Fully updated to reflect the latest research, trends, and regulations, Corporate Governance Matters, Fourth Edition, is the definitive resource for anyone seeking to improve corporate governance practices--from directors and institutional investors to policymakers and researchers.This edition offers comprehensive, objective insights grounded in rigorous analysis and real-world examples, covering new discussions on ESG ratings, stakeholder interests, CEO behavior, and artificial intelligence. David Larcker and Brian Tayan examine today's most pressing governance challenges, including board effectiveness, shareholder activism, organizational risk, and systemic breakdowns.Their empirical, non-ideological approach helps readers understand the impact of governance structures and processes on organizational performance, equipping them to make informed decisions in an increasingly complex environment. Extensively revised coverage of: International corporate governanceCompensation, equity ownership, incentives, and the labor market for CEOsOptimal board structure, tradeoffs, and consequencesGovernance, organizational strategy, business models, and risk managementSuccession planningAlternative corporate governance structures, including family controlled businesses, nonprofits, private equity, and venture capitalFinancial reporting and external auditThe market for corporate controlRoles of institutional and activist shareholdersGovernance ratings, and more Features: Objectively and fully addresses every component of governance, with no axe to grind: explains what's known and what isn't, helping leaders make better choices in the face of uncertaintyBrings together new academic research, updated examples and statistics, and a complete decision-making frameworkIncludes expanded discussions of environmental and social issues in governance, board effectiveness, CEO succession and compensation, cyber risk, and shareholder activism Register your product at informit.com/register for convenient access to downloads, updates, and/or corrections as they become available.