Boards of Directors in Disruptive Times
Improving Corporate Governance Effectiveness

Presents a new model of boards of directors, focused on purpose, strategy and culture, to successfully navigate corporate disruptions and crisis.

Jordi Canals (Author)

9781009165785, Cambridge University Press

Paperback / softback, published 3 November 2022

250 pages
22.8 x 15.2 x 2.2 cm, 0.6 kg

'Recommended.' J. Walker, Choice

The current business context of disruptive, accelerated change requires a new framework for understanding how boards of directors can best support their organizations. In this book, Professor Jordi Canals presents a new model of effective governance, positioning the board of directors as the steward of the firm's future development, and focusing on the notion of corporate purpose. Canals argues that boards of directors should focus on strategy and corporate transformation, CEO and senior management development and succession, the board and the firm's culture, the board as a team, the engagement of shareholders and critical stakeholders, and the firm's overall impact. Moreover, for boards to be effective, directors must develop new competencies. Drawing on well-grounded theory and international case studies, this book outlines a new, holistic model of boards of directors, offering a pathway to effective governance that will enhance companies' reputation and success.

Introduction
1. The changing nature and functions of boards of directors
2. Boards of directors and purpose: From monitoring to Stewards of the firm's purpose
3. Boards of directors in corporate strategy: From maximizing short-term shareholder value to creating long-term value
4. The role of the board of directors in corporate transformation
5. The board in CEO and senior managers selection, development and succession
6. From board structure to boards as effective teams
7. From compliance to an engaging corporate culture
8. Engaging shareholders and key stakeholders
9. Assessing the firm's overall impact
10. Effective boards of directors for better governance: Creating a masterpiece.

Subject Areas: Corporate governance [KJR]