
Transparency has become a key objective of corporations and a pressing
demand of shareholders, many of whom have seen their fortunes slip away
because of financial irregularities and hyperinflated stock prices.
And the best way to ensure that shareholders have a clear, accurate
picture of a corporation's financial health is to ensure the soundness
of its corporate governance--the complex policies and procedures that
dictate the relationships between shareholders, boards of directors,
CEOs, managers and employees, customers, suppliers, creditors, and more.
Advocating a market-based corporate governance system based on
maximizing shareholder wealth--but packed with safeguards to counter the
effects of greed and incompetence--A Blueprint for Corporate
Governance helps link each activity, whether it's pricing models,
financial reporting, or dividend structure, to the crucial question:
Does it increase shareholder wealth?
Packed with real-world examples, academic research, and statistical
data, A Blueprint for Corporate Governance is the first complete,
authoritative guide to bring together a state-of-the-art overview of
governance practices with a detailed plan for helping managers,
executives, and boards of directors focus their activities on building
value for the shareholder.