Responsible Governance

Corporate law and governance are at the forefront of regulatory activities worldwide, and subject to increasing public attention in the wake of the Global Financial Crisis. Comprehensively referencing the key debates, the Handbook provides a much-needed framework for understanding the aims and methods of legal research in the field.

Reading these various non-technical articles is undeniably valuable for any person (teachers, executives, students) who is concerned about the behaviour of major companies managers in the context of globalisation and economy liberalisation. Gestion 2000 A profoundly important book for scholars and leaders alike that makes a vital timely contribution to the behavioral perspectives on leadership and governance. Doh and Stumpf, along with their world-renowned contributors, apply solidly anchored academic wisdom to offer fresh ideas on restoring faith in the integrity of American enterprise. Jeffrey Sonnenfeld, Yale School of Management, President and CEO, Chief Executive Leadership Institute and author of Leadership and Governance From The Inside Out Ethics, social responsibility, leadership, governance. These terms are heard in the classroom, in the boardroom, and viewed on the front page of newspapers and magazines. Yet serious attention to the relationships among these concepts is lacking. Although commitments to leadership, ethics, and social responsibility are evident, individuals and companies are falling short in combining these duties into policies and cultures that guide behavior and decisions. The missing element is a broad-based and integrated approach to responsible leadership and governance. This volume provides the leading thinking on these issues and includes a discussion of emerging areas that require future attention. The contributors leading scholars in the fields of leadership, governance and social responsibility summarize the state of the literature, identify complementary insights and perspectives, discuss areas of conflict and disagreement, and include a provocative and stimulating agenda for further investigation. They point up practical consequences of these perspectives in light of developments that have exposed the shortcomings in practice. Several contributors focus specifically on the challenges faced by global companies in developing and maintaining leadership and governance practices that are responsive to different national institutional and cultural settings. Thorough coverage and insightful discussion make this an essential reference for scholars and students of leadership, corporate responsibility and professional ethics, as well as for all those directly responsible for establishing the ethical codes and practices of their organizations.

Why have so few countries managed to leave systematic corruption behind, while in many others modernization is still a mere façade? How do we escape the trap of corruption, to reach a governance system based on ethical universalism? In this unique book, Alina Mungiu-Pippidi and Michael Johnston lead a team of eminent researchers on an illuminating path towards deconstructing the few virtuous circles in contemporary governance. The book combines a solid theoretical framework with quantitative evidence and case studies from around the world. While extracting lessons to be learned from the success cases covered, Transitions to Good Governance avoids being prescriptive and successfully contributes to the understanding of virtuous circles in contemporary good governance.

Evolving stories of governance and change are being written into the emerging custom and practice of all kinds of organizations today, whether they are global or domestic, startup or blue chip, corporate or government agency. Changing ways of ‘doing business’ are not new, nor is globalization of business, but the velocity and trajectory of both are rapidly accelerating beyond those seen in previous times. There are increasing concerns and challenges for the boards of directors and other governance systems and processes. They are intended to ensure good stewardship of the diverse organizations in the period following the global nancial crisis. Responsible Governance aims to challenge assumptions and present current debates for readers, grounding the critical issues or descriptions in relevant historical and social contexts as well as suggesting ways forward. Dr Tom Cockburn obtained his rst degree with honors from Leicester University, England, both his MBA and Doctorate were gained at Cardiff University, Wales. Tom is associate fellow of the New Zealand Institute of Management and is currently director-policy for the Center for Dynamic Leadership Models in Global Business and a senior associate of The Leadership Alliance Inc., headquartered in Canada.

This book discusses the tasks and functions of corporate governance in the light of current challenges and the dynamics that arise from a broader approach to company management and the integration of corporate governance with corporate social responsibility (CSR) and sustainability. Addressing the corporate governance shortcomings that are believed to have contributed to the recent financial crisis, it explores the interplay between corporate governance and CSR, and includes examples of company practice to show how such changes affect the practices of shareholders, boards of directors and regulators. In particular, the book examines shareholders’ activities, their different investment strategies, specific reporting expectations and the submission of proposals to the annual meeting. Further, for boards of directors it explores the need to revise their tasks with respect to the criteria for executive appointments, their corporate strategy, performance measures and diversity recommendations, while for directors it provides recommendations to reconsider the structure of executive pay and performance incentives. Lastly, for regulators the book investigates the need to introduce new laws addressing, for instance, the need for integrated reporting, limiting the voice of short term oriented shareholders and providing guidelines for executive compensation.

Private equity-backed businesses are increasingly prevalent, and their governance practices are a black box. This book lifts the lid.

This book is designed to show readers how ethics can constrain improper behavior. To demonstrate the relationship of ethics to good government, the author presents high profile case studies that were selected for their notoriety and their ability to connect the reader to fundamental ethical questions. Themes of public interest, natural law, and rule of law provide a framework for the case studies, which include torture (Abu Ghraib), impeachment (Clinton), competence (FEMA), electoral violation (DeLay), and historical corruption (machine politics). The chapters discuss concepts that help to define responsible behavior in terms of behavior in elections, honesty and competence, and international law.

'Everyone wants good government, but how do we know when we have it? The path-breaking Quality of Government Institute cuts through the tiresome ideological debate with theoretically grounded empirical analyses of the components, measures, and outcomes of good government. The book's contributors demonstrate the relevance of political science, and they do so with arguments and evidence that should improve policy and, ultimately, peoples' lives.' – Margaret Levi, University of Washington, US 'All too often today research in political science is irrelevant and uninspiring, shying away from the "big" questions that actually matter in people's lives. Good Government shows that this does not have to be the case. Tackling some of the "biggest" questions of the contemporary era – What is good government? Where does it come from? How can it be measured and how does it matter? – this book will prove invaluable to academics and policy makes alike.' – Sheri Berman, Barnard College, US 'What is "Good Government?" Few doubt that it is better to have a "good government" than a "bad" one, but few of us have thought carefully about what makes for good government vs. bad. Sören Holmberg and Bo Rothstein's excellent volume helps fill in this gap. Though the book is more than this, the focus on corruption is particularly fascinating. We know that corruption is "bad" but where does it come from? Why are some legislatures more corrupt than others? Why does the media sometimes collude? Why are women less easily corrupted than men? These are just a few of the many fascinating questions this volume explores. By bridging democratic theory, public policy and institutional analysis, it is one of the first to give us some practical insight into the obviously important question: what makes some governments "better" than others?' – Sven Steinmo, European University Institute, Italy In all societies, the quality of government institutions is of the utmost importance for the well-being of its citizens. Problems like high infant mortality, lack of access to safe water, unhappiness and poverty are not primarily caused by a lack of technical equipment, effective medicines or other types of knowledge generated by the natural or engineering sciences. Instead, the critical problem is that the majority of the world's population live in societies that have dysfunctional government institutions. Central issues discussed in the book include: how can good government be conceptualized and measured, what are the effects of 'bad government' and how can the quality of government be improved? Good Government will prove invaluable for students in political science, public policy and public administration. Researchers in political science and the social sciences, as well as policy analysts working in government, international and independent policy organizations will also find plenty to interest them in this resourceful compendium.