Best Practice in Corporate Governance

An earlier book, "A Strategic Approach to Corporate Governance" (Gower, 1999), examined corporate governance from a philosophical and 'big picture' standpoint. This book digs deeper, and explores the operational issues around corporate governance, giving examples of good practice. It is a 'how to' book, which focuses on processes and practical issues, making the case for corporate governance in terms of measurable business benefits and competitive advantage. The author explores a number of key themes: how corporate governance has expanded in scope and importance worldwide;how to engage with the wider range of stakeholders whose support is essential for success in a competitive world; how to distribute power to those who need to use it to perform effectively at all levels in the organisation; how to encourage the behaviours needed to effect good governance;how to embed best practice in the daily routine of the organisation; how to adapt best practice to meet the needs of different organisations;how effective corporate governance can build sustainable business success; how corporate governance may evolve to meet the needs of the future; and, corporate governance should address the needs of people seeking to cooperate effectively in a shared endeavour. It should be adopted, not imposed, and Adrian Davies provides an eloquent and authoritative guide to this process.