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A Real Look at Real World Corporate Governance

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A Real Look at Real World Corporate Governance [Kindle Edition Only]

That's a point that often gets lost in discussions about governance and compliance; in all our talk about best practices, we lose sight of exactly how corporate structure can drive the flow of information, or of corporate culture—and how those dynamics of information and culture, in turn, dictate what sort of internal controls you need. Indeed, one of my favorite chapters looks at how Netflix pays its employees, and its strategy of paying well to lure dedicated, high-performing workers who therefore need less internal control over how they do their jobs.


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On one level the Netflix culture sounds brutal: On another level, however, the Netflix culture sounds simple: When everyone is well-paid and talented and good at his job, such people like to work and don't abuse vacation policy. Maybe that type of culture is too survival-of-the-fittest to be much fun.


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  • But then, I bet that training to boost low office morale or investigations into excessive vacation time are relatively rare at Netflix too, and they aren't much fun either. Which would you choose? It will help you see your company's own problems in real ways—and, as Larcker and Tayan show throughout the book, you might find yourself surprised at what the real answers are.

    David F. Larcker and Brian Tayan: A Real Look at Real World Corporate Governance

    We must now reshape the structures and practices of business leadership to avoid going down the same path again. To a large extent this is a question of governance and the role of corporate boards, to help us wrestle with critical issues like CEO performance and succession, compensation, and forward-looking strategy. Corporate Governance Matters gives corporate board members, officers, directors, and other stakeholders the full spectrum of knowledge they need to implement and sustain superior governance.

    Authored by two leading experts, this comprehensive reference thoroughly addresses every component of governance.

    The authors carefully synthesize current academic and professional research, summarizing what is known, what is unknown. A Real Look at Real World Corporate Governance takes a practical look at issues involving the board of directors, CEO succession planning, executive compensation, and accounting and internal controls.

    Written in a clear and accessible style by two leading experts, this book is a must-read for executives, directors, shareholders. Fill out the form below.