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Financial Markets and Portfolio Management

, Volume 30, Issue 2, pp 229–231 | Cite as

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

Larcker-Tayan, 2013, 157 pages, approx. 15 USD ISBN: 978-0-9897101-0-7
  • Nicolas KubeEmail author
Book review
  • 241 Downloads

The OECD wrote that “[t]he financial crisis revealed severe shortcomings in corporate governance. When most needed, existing standards failed to provide the checks and balances that companies need in order to cultivate sound business practices.”1David F. Larcker and Brian Tayan address this issue of corporate governance by combining theoretical and scientific evidence with prominent case studies. They discuss the four most important building blocks of corporate governance, beginning with the board of directors, and then going on to the role of the external auditor and internal controls, CEO succession planning, and the structure of compensation. In contrast to most literature on corporate governance, the book provides a brief and concise discussion of the relevant topics rather than a comprehensive review of the scientific literature. Therefore, the book is a good starting point for scientists as well as practitioners to become familiar with the current status and most important...

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© Swiss Society for Financial Market Research 2016

Authors and Affiliations

  1. 1.St.GallenSwitzerland

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