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Hard Lessons in Corporate Governance

Bryce C. Tingle (University of Calgary)

$49.95

Paperback

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English
Cambridge University Press
30 May 2024
How should corporations be run? Who should get a say, and what results can we expect? Hard Lessons in Corporate Governance provides an accessible introduction to the various failed attempts at using corporate governance to improve society. It introduces the record of these failures and illuminates hard lessons spread across thousands of empirical studies. If we look at the outcomes generated by various corporate governance 'best' practices, we find that none of the practices work. If we look at the theories and assumptions that support modern corporate governance, we find they are likely wrong. And if we look at the prospect of corporate governance to improve political, environmental, and social outcomes, we find ample evidence that governance will fail us here too. After documenting these failures, Bryce Tingle K.C. turns to the most important lesson: How to fix this important, but broken, system.
By:  
Imprint:   Cambridge University Press
Country of Publication:   United Kingdom
Dimensions:   Height: 228mm,  Width: 151mm,  Spine: 17mm
Weight:   470g
ISBN:   9781009170635
ISBN 10:   1009170635
Pages:   316
Publication Date:  
Audience:   College/higher education ,  Further / Higher Education
Format:   Paperback
Publisher's Status:   Active
Introduction; 1. Our corporate governance experiment; Part I. What do We Know About Corporate Governance practices: 2. Best practices for boards of director; 3. Can we measure corporate governance; 4. Do we understand executive compensation best practices; 5. What explains shareholder voting; 6. Shareholder activism; 7. Proxy advisors; Part II. What can We Conclude About Our Theories of Corporate Governance: 8. Taking stock of the argument so far: we need a better theory of the firm; 9. How crooked is the timber; 10. Markets and corporate governance; Part III. Are Social Welfare Outcomes any Different: 11. Achieving social and environmental goals through corporate governance; 12. Shareholders and ESG disclosure; 13. Where do we go from here.

Bryce C. Tingle KC is Professor and N. Murray Edwards Chair in Business Law in the Faculty of Law at the University of Calgary. He is a member of one of the Securities Commissions in Canada, serves as the Chair for various business corporations, and spent decades advising boards, including as the General Counsel of several international corporate groups.

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