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New Corporate Governance

Part of the Management for Professionals Book Series

DOI: 10.1007/978-3-642-23595-5

ISBN: 978-3-642-23594-8

Publisher: Springer Berlin Heidelberg - Springer Journals

Jan 4, 2012

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Chapter 1Introduction

Hilb, Martin

Pages: 1 –12

[In recent years, the topic of corporate governance has gained prominence as a result of the large number of attention-grabbing corporate scandals at the board level. What was formerly a topic of interest to academics has become a burning issue worldwide for researchers and practitioners alike.]
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Chapter 2Situational Dimension

Hilb, Martin

Pages: 13 –68

[As a result of the many corporate scandals that have taken place around the world, best-practice corporate governance guidelines have been developed in most countries. Internationally, the biggest influence on these guidelines has come from the Institute of Directors (IoD)37 in London, through...
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Chapter 3Strategic Dimension

Hilb, Martin

Pages: 69 –101

[We propose four main preconditions for success in developing, implement ing and controlling corporate strategy (see Fig. 2-1): (1) Diversity: strategically targeted composition of the board team (2) Trust: constructive and open-minded board culture (3) Network: efficient board structure and (4)...
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Chapter 4Integrated Board Management Dimension

Hilb, Martin

Pages: 103 –148

[Based on analyzes of board practices carried our by the doctoral students, the following weaknesses have been found in the majority of the compa nies assessed: 1. insufficient board attention given to strategic direction 2. a lack of professionalism in selection, feedback, remuneration and...
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Chapter 5Controlling Dimension

Hilb, Martin

Pages: 149 –198

[In part one of this book, we dealt with the normative, legal and ethical contexts influencing corporate governance, following the motto “keep it situational.” In part two, we dealt with the strategic direction responsibilities of boards, based on the motto “keep it strategic,” and addressed...
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Chapter 6Conclusions

Hilb, Martin

Pages: 199 –204

[In conclusion, I want to highlight the implications for practice, teaching and research.]
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Chapter 7Summary of the Book

Hilb, Martin

Pages: 205 –217

[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: ]

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