The urgent and sustained interest in corporate governance is unprecedented, with the connections between corporate governance and economic performance being emphasized by the World Bank, the
IMF and others in the global economic community.
In this timely and definitive intellectual analysis of a key discipline, The SAGE Handbook of Corporate Governance offers a critical overview of the key themes, theoretical controversies, current research and emerging concepts that frame the field. Consisting of original substantive chapters by leading international scholars, and examining corporate governance from an inter-disciplinary basis, the text highlights how governance issues are critical to the formation, growth, financing, structural development, and strategic direction of companies and how corporate governance institutions in turn influence the
innovation and development of industrial and economic systems globally.
Comprehensive, authoritative and presented in a highly-accessible framework, this Handbook is a significant resource to those with an interest in understanding this important emerging field.
Preface - Sir Adrian Cadbury Introduction: Corporate Governance - An Emerging Discipline? - Thomas Clarke and Douglas Branson PART ONE: ORIGINS AND DEVELOPMENT The Evolution of Corporate Governance - R.I. (Bob) Tricker In the Best Interest of the Corporation: Directors Duties in the Wake of the Global Financial Crisis - Margaret M. Blair Limited Liability Companies - Mark J. Loewenstein Theoretical and Methodological Perspectives - Joan MacLeod Heminway PART TWO: MARKETS AND REGULATION The Juridical Nature of the Firm - Simon Deakin The Ascent of Shareholder Monitoring and Strategic Partnering: The Dual Functions of the Corporate Board - Michael Useem An Economic Analysis of Fair Value: A Critique of International Financial Reporting Standards - Vincent Bignon, Yuri Biondi and Xavier Ragot PART THREE: BOARDS AND DIRECTORS: LEADERSHIP AND ACCOUNTABILITY Boards and Board Effectiveness - Hans van Ees and Gerwin van der Laan Between the Letter and the Spirit: Defensive and Extensive Modes of Compliance with the UK Code of Corporate Governance - John Roberts Boards' Contribution to Strategy and Innovation - Alessandro Zattoni and Amedeo Pugliese Board Leadership and Value Creation: An Extended Team Production Approach - Morten Huse and Jonas Gabrielsson PART FOUR: BOARDS AND DIRECTORS: NEW CHALLENGES AND DIRECTIONS Changing Scenes in and around the Boardroom: UK Corporate Governance in Practice from 1989 to 2010 - Annie Pye, Szymon Kaczmarek and Satomi Kimino Board Evaluations: Contemporary Thinking and Practice - Gavin Nicholson, Geoffrey Kiel and Jennifer Ann Tunny Women and the Governance of Corporate Boards - Ruth Sealy and Sue Vinnicombe Diversity among Senior Executives and Board Directors - Sabina Nielsen PART FIVE: COMPETING GOVERNANCE REGIMES Global Convergence in Corporate Governance: What a Difference 10 Years Make - Douglas M. Branson A Bundle Perspective to Comparative Corporate Governance - Ruth V. Aguilera, Kurt Desender and Luiz Ricardo Kabbach de Castro Family-Owned Asian Business Groups and Corporate Governance - Marie dela Rama The Limitations of Corporate Governance Best Practices - Shann Turnbull PART SIX: DILEMMAS OF CORPORATE GOVERNANCE Executive Compensation, Pay-for-Performance and the Institutions of Executive Pay Setting - Martin J. Conyon and Simon I. Peck In the Name of Shareholder Value: How Executive Pay and Stock Buybacks are Damaging the US Economy - William Lazonick Governance, Innovation and Finance - Ciaran Driver The Governance and Regulation of Complex Conglomerates - John H. Farrar PART SEVEN: EMERGING ISSUES: GOVERNANCE AND SUSTAINABILITY Markets, Regulation and Governance: The Causes of the Global Financial Crisis - Thomas Clarke Corporate Governance and the Financial Crisis: The Regulatory Response - Alice Klettner International Corporate Responsibility - Paul Redmond Governance for Sustainability: Challenges for Theory and Practice - Suzanne Benn