The principal role of the board of directors: the duty to say "no"

Purpose - This paper aims to explain a new idea for the corporate board's main agenda, which should dramatically increase the scale of problems with which the board deals. This agenda also changes the board's interaction with the management providing a new approach to the agency problem.De...

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Veröffentlicht in:	Corporate governance (Bradford) 2011-01, Vol.11 (5), p.629-640
Hauptverfasser:	Bukhvalov, Alexander, Bukhvalova, Barbara
Format:	Artikel
Sprache:	eng
Schlagworte:	Boards of directors Business Corporate governance Decision making Design engineering Fraud Industry analysis Internal controls International business Law Management Market positioning Market strategy Monitoring Social responsibility Stockholders Strategic management Strategy Studies
Online-Zugang:	Volltext
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