Overview

Boards of directors are coming under increasing scrutiny in terms of ther contribution in monitoring and controlling management, particularly in the wake of high-profile coprorate frauds and failures, and also their potential to add value to organizational performance through involvement in the strategy process and through building relationships with key investors. Despite the importance of these issues, not only to organizations but also arguably to national competitiveness, the nature of board activity remains largely a black box, clouded by prescriptions, prejudices, and half-truths. This book responds to calls for greater scrutiny of boards of directors with 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.Much work on boards of directors has labelled the board as a rubber stamp for dominant management, and non-executive directors in particular have been variously described as poodles, pet rocks, or parsley on the fish. 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.

ISBN-13

9780199258161

ISBN-10

0199258163

Weight

0.70 Pounds

Dimensions

6.14 x 0.41 x 9.21 In

List Price

$69.00

Edition

1st Edition

Format

Paperback

Language

English

Publisher

Oxford University Press

Published On

2003-01-02



View All Offers

Sort by:

Condition
Seller
Seller Comments
Price
Used, Good
Seller details
Bonita
★★★★☆

Santa Clarita, CA, USA

Access codes and supplements are not guaranteed with used items. May be an ex-library book.
$46.26

 Free delivery by: 30 Mar 2026

Brand New
Seller details
GreatBookPrices-
★★★★☆

Columbia, MD, USA

100% Money Back Guarantee. Brand New, Perfect Condition. We offer expedited shipping to all US locat...
$90.42

 Free delivery by: 30 Mar 2026

Used, Like New
Seller details
GreatBookPrices-
★★★★☆

Columbia, MD, USA

100% Money Back Guarantee. Brand New, Perfect Condition. We offer expedited shipping to all US locat...
$90.42

 Free delivery by: 30 Mar 2026


Bookstores.com relies on cookies to improve your experience.