Argues that effective board leadership requires directors to achieve a balance between entrepreneurship (i.e. paying attention to strategy, corporate renewal and innovation on the one hand) and corporate governance. Posits that medium sized firms have a dilemma in knowing how to expand their...

There is common agreement today in government and in industry about the need to educate and develop British management as a means of achieving faster economic growth and more rapid technological change. As a result, huge investments are being made in new facilities for management training—in...

Abstract In both Britain and the USA, the majority of the shares in quoted companiesare owned by institutional shareholders such as pension funds and insurancecompanies. But, in most cases these major shareholders are ''passive'', that isthey prefer not to become involved in the management of...