Winning Ways through Corporate Governance

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Language: English

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Diploma � Postgraduate Short Courses � might be studied via In-Classroom or Video-Enhanced Mode. At least one executive session of the non-management Directors each year will include a review of the Board’s leadership structure and consideration of whether the position of Chairman of the Board should be held by the Chief Executive Officer or be separated. Much of the contemporary interest in corporate governance is concerned with mitigation of the conflicts of interests between stakeholders. [6] In large firms where there is a separation of ownership and management and no controlling shareholder, the principal–agent issue arises between upper-management (the "agent") which may have very different interests, and by definition considerably more information, than shareholders (the "principals").

Pages: 211

Publisher: Palgrave Macmillan; 1st ed. 1996 edition (January 14, 2014)

ISBN: 1349141607

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