Purpose The increasing incidence of for-profit corporations publicly expressing views on social, cultural and political issues is creating new reputational risks. This viewpoint aims to examine this problem and propose a range of practices for companies to adopt for minimizing this risk....

Purpose This article reveals a managerial issue that multinational corporations (MNCs) in China are at a strategic crossroad where their employees are competing with the same sources of guanxi networks for different business deals simultaneously. Design/methodology/approach Triggered by a real...

Reputational risk is now considered the single greatest threat to businesses today. Most companies, however, are still not managing this risk appropriately. This paper argues that following the recommendations of the Turnbull Report into boardroom responsibility for risk management and...

Purpose – Looks at the current structure of boards where the CEO fills all leadership roles. Benefit is in having a single voice. Disadvantage is having CEO self‐monitor. Findings – A lead independent director (LID) can crate an effective system of corporate governance. The LID is chosen...

Purpose – Looks at attempts to avoid Sarbanes‐Oxley guidelines over past few years. It has been widely reported, for example, that the number of public companies announcing their intention to privatize has increased 30 percent since the enactment of SOX. Some other companies will elect not...

Purpose – Looks at the issue of repricing stock options for CEOs and other senior managers when existing option are under water. The board of directors has the option of exchanging existing options (i.e. the underwater options) for new options with a lower exercise price....

Purpose – Looks at modern guidelines for corporate governance as essentially an exercise in profiling. Sarbanes‐Oxley, oversight agencies, and self‐regulatory agencies focus on the adoption of certain board composition configurations in a purely subjective way and on the basis of factors...

Purpose – Looks at group decision making by Boards and impact of diversity on effectiveness. Findings – Extensive research fails to demonstrate the superiority of the separate board leadership structure. Other factors supersede the need for independence where board leadership is concerned....

Purpose – This essay argues that many directors are never inducted and developed into their board directoral roles. By not understanding their legal roles and tasks as a director, as distinct from a manager, they can rarely extract themselves for long enough to become skilled at thinking...

Purpose – Looks at the decision by some public companies to go dark and avoid regulatory requirements. Findings – To go dark, companies must meet only minimal guidelines. It may be a tempting option in light of Sarbanes Oxley and other regulations and it can save a company the time and money...