Chapters in this book

1. Frontmatter i
2. Contents vii
3. Introduction ix
4. Glossary of Acronyms xv
5. Glossary of Governance Terms of Art xvii
6. Part I. The Policy, Law, and Market Forces That Have Created the New Era in Corporate Governance
7. 1. What Is Corporate Governance and Why Do We Care? 3
8. 2. The Threshold Question of Corporate Governance: For Whose Benefit Are Corporations to Be Governed? 7
9. 3. The Forces That Shape Corporate Governance 17
10. Part II. The Board-Centric Corporation
11. 4. The Role of the Board 35
12. 5. Assembling an Effective Board 41
13. 6. Duties, Accountability, and Protections of Directors 55
14. 7. Routine Board Operations 85
15. 8. Special Situations 117
16. 9. A Digression on Private Companies, Not-for- Profits, and Congress 151
17. Part III. Activism and the Threat of Shareholder-Centricity
18. 10. Activists and Their Goals and Tools 161
19. 11. The Case against Shareholder-Centricity 173
20. Part IV. Challenges to CEO Leadership
21. 12. The Problem 181
22. 13. Elements of a Solution 189
23. Acknowledgments 199
24. Appendix 1. Flowchart Illustrating Proxy Voting 203
25. Appendix 2. Template for an Oral Board Self-Evaluation 205
26. Appendix 3. Template for M&A Agendas 209
27. Appendix 4. Primer on Valuation Methodologies 213
28. Appendix 5. Summary of Key Percentages 215
29. Abbreviations in Notes 217
30. Notes 219