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Summary of the Book

  • Martin  Hilb
Chapter
Part of the Management for Professionals book series

Abstract

Based on the results of board evaluations conducted in various business sectors, the following main weaknesses of current corporate governance practices have bee n identified:

- most national corporate governance guidelines propose a “one size fits all” approach which is dangerous; it may support good govern ance, but it does not guarantee that the governance of a firm will be come great;

- there is a lack of strategic direction in much of board practice;

- board selection, appraisal, remuneration and development often lack integration and professionalism;

- and board level.

Keywords

Corporate Governance Board Member Supervisory Board Corporate Governance Practice Risk Management Committee 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  1. 1.IFPM Center for Corporate GovernanceUniversität St. GallenSt. GallenSwitzerland

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