This study considers the legitimacy of shareholder activism as a means of exercising influence in the corporate decision-making process and identifies self-reformed boards as a superior solution to the issues that activists attempt to address. We conceptualise the board of directors' role as...

The book highlights emerging topics in key areas of corporate governance with special emphasis on traditionally unexplored issues. It also aims to stimulate thinking and debate on vital aspects of practice and approaches to corporate governance. The topics covered in this book deal with timely...

While the management literature is accepting of the value of a performance appraisal, there is disagreement in the governance literature as to the role, value and contribution of board appraisals to board effectiveness. This disagreement centres on the politics associated with the "horizontal"...

The book highlights emerging topics in key areas of corporate governance with special emphasis on traditionally unexplored issues. It also aims to stimulate thinking and debate on vital aspects of practice and approaches to corporate governance. The topics covered in this book deal with timely...

About the authors -- Foreword -- Introduction -- Market behaviour, stakeholders : approach and good governance -- Agency theory : explaining or creating problems? good governance and ethical behaviour for sustainable business / Guler Aras and Paul Williams -- Using a stakeholder approach to...