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Corporate governance best practices: the proof is in the process

Corporate governance best practices: the proof is in the process Purpose – This paper looks at the failure of corporate boards to incorporate best practices into their functioning. Design/methodology/approach – The study discusses the failure of corporate boards to incorporate best practices into their functioning. Findings – One answer to the continued failure of corporate governance, albeit not likely the answer, is a misplaced focus on structural aspects of the board of directors at the expense of process issues. Practical implications – Provides executives with information on important factors to consider in monitoring board performance. Originality/value – This article is of particular value to CEOs and other board members. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Business Strategy Emerald Publishing

Corporate governance best practices: the proof is in the process

Catherine M. Dalton; Dan R. Dalton
Journal of Business Strategy , Volume 27 (4): 3 – Jul 1, 2006
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Publisher
Emerald Publishing
Copyright
Copyright © 2006 Emerald Group Publishing Limited. All rights reserved.
ISSN
0275-6668
DOI
10.1108/02756660610677155
Publisher site
See Article on Publisher Site

Abstract

Purpose – This paper looks at the failure of corporate boards to incorporate best practices into their functioning. Design/methodology/approach – The study discusses the failure of corporate boards to incorporate best practices into their functioning. Findings – One answer to the continued failure of corporate governance, albeit not likely the answer, is a misplaced focus on structural aspects of the board of directors at the expense of process issues. Practical implications – Provides executives with information on important factors to consider in monitoring board performance. Originality/value – This article is of particular value to CEOs and other board members.

Journal

Journal of Business Strategy – Emerald Publishing

Published: Jul 1, 2006

Keywords: Boards of directors; Corporate governance; Best practice

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