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Saturday, 26 July 2008
 
 

How Well is Your Board Performing?

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How Well is Your Board Performing?

Enron, WorldCom and HIH all spring to mind when the words "Corporate Governance" are mentioned. Negative stories of corporate governance are easy to find and are well remembered for the misery corporate governance failure often causes ordinary people who may be shareholders, employees or suppliers. Understanding what boards do wrong when they perform so badly is easy to comprehend with the supernatural gift of twenty-twenty hindsight. It is slightly more difficult, but only slightly more difficult, to understand what boards should be doing and to monitor their performance before problems occur.
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