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21st Century Corporate Board

Ralph D. Ward

ISBN: 978-0-471-15679-6 October 1996 384 Pages


The Lowdown on the Hottest Trends in Corporate Goverance--A Complete Blueprint for Tomorrow's Corporate Board Member Regulations, economics, shareholders, court battles--these factors have transformed the corporate board into a powerful, independent force in business. Now boardroom expert Ralph Ward deconstructs the "how and why" of this remarkable phenomenon, and offers a comprehensive, trenchant analysis of the tough issues which the 21st Century Corporate Board will bring to the table. You'll find in-depth coverage of all of the leading topics in board makeup, pay, training, operations, and organization, including:
* How the "new directors" will change the corporate equation--women, inorities, entrepreneurs, executives below the CEO level, and others
* The move toward increased professionalism, including director certification, accountability, and more
* The hidden minefield of stakeholder concerns, from employees to local communities
* The pros and cons of paying corporate directors in stock--do we really want directors who are major shareholders?
* Future regulations from the SEC, IRS, and major stock exchanges--gearing up for compliance
* The growing power of board committees, and what this means for the board as a whole
* The coming struggle among shareholder groups to set the board agenda
* The new corporate balancing act for directors--independent, but involved; powerful, but responsive; focusing on the short term, but keeping a long-term view
Partial table of contents:


Roger Smith Loses Some Important Friends.

"The Market Will Save Us." John Smale Wants Answers.

Corporate Planks and "Lesser Commonwealths." Exit the Owners, Enter the Managers.

The Walnut-Paneled Wonderland.

Delaware Gives the Board a Break.

A Sleeping Giant Is Still a Giant.

A Flowering in the Boardroom.

Big Blues, and How to Keep Your Job.


Board Revolution: This Time We Mean It.

New Board Needs, New Board Talents.

Replacing Old Joe.

New Committees for a New Century.

The Chair/CEO: How We Achieved Oneness.

Boards Without Borders.

Directors Discover Serious Money.

A New Era in Suing the Board.

Why the Commission Now Thinks Your Board Matters.

How Many "Stakeholders" Can Dance on the Head of a Pin?

The 21st Century Board: Sorting Out the Trends.