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To mark the retirement of Robert S. McNamara as President of the World Bank after thirteen years of service, the Bank's Executive Directors commissioned a book gathering together all the principal statements Mr. McNamara made during his tenure of office
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The foundation of good corporate governance is the intellectual honesty of directors and senior management. This … person, but it is absolutely incapacitated until its directors are appointed and the board in turn delegates to management … influence the quality of decisions and the management quality. The main responsibilities of the board are to provide an …
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Activists are often unhappy with the laws governing business behavior and with their enforcement. One strategy they use to alter the behavior of corporations is to target not the laws but the corporations, hoping that they will change without being legally obliged to. Sometimes firms do, because...
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