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Taking Back the Boardroom: Organization and Process

In: Taking Back The Boardroom Thriving as a 21st-Century Director

Author

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  • PHILLIP H. PHAN

    (Rensselaer Polytechnic Institute, USA)

Abstract

The following sections are included:The Paradoxes of Corporate GovernanceUnderstanding Power in the BoardroomOrganizing to Solve the ParadoxesThe Principles of Good StructureThe Principles of Good ProcessThe Committee StructureThe audit committee: Who watches the watchers?The compensation committee: Paying for performanceThe nominating committee: Balancing the boardThe strategy committee: Leadership from the boardroomSpecialty committees: When the board comes under fireConclusionThinking PointsCORE PRINCIPLES OF ACCOUNTABLE CORPORATE GOVERNANCEIntroductionPurposeCore Principles of Accountable Corporate GovernanceBoard independence and leadershipBoard processes & evaluationIndividual director characteristicsExecutive & director compensationAudit integrityCorporate responsibilityShareowner rightsDefinition of independent directorIndependent Chair/Lead-Director Position Duty StatementExecutive Compensation PoliciesStructure and components of total compensationIncentive CompensationEquity compensationUse and disclosure of severance agreementsUse of “other” forms of compensationUse of retirement plansThinking Points

Suggested Citation

  • Phillip H. Phan, 2007. "Taking Back the Boardroom: Organization and Process," World Scientific Book Chapters, in: Taking Back The Boardroom Thriving as a 21st-Century Director, chapter 4, pages 143-204, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9781860948565_0004
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