Corporate governance has emerged from obscurity into being a mainstream topic which there is a need to know, as well as being incorporated into industrial and commercial training courses. There has been a plethora of reports starting in the USA and spreading to the UK, whose influence, example and model have spread throughout the world. Some main forces explaining the provenance of corporate go…
The purpose of this paper is to explore the possible use of arbitration in disputes involving claims against directors. It takes as its starting point a recent decision of the English Court of Appeal, Fulham Football Club [1987] Ltd v. Richards, in which the Court confirmed the enforceability of an arbitration agreement in proceedings where one of the defendants was the company chairman, and as…
In the study I examine the relationship between corporate governance and consolidation strategies for shipping firms. The analysis is focused on the ownership structure and corporate governance power which are supposed to influence the consolidation strategies. I investigate M&As and global alliances occurred during 2006-2007 fiscal years in maritime industry. In the empirical study, I find tha…
Corporate governance is an area of interest to researchers, stakeholders and the general public. In recent times, there has been an increased concern about the effectiveness of the board within corporate organizations due to corporate scandals and accounting irregularities of some well known firms, which highlighted the inefficiency of monitoring corporate boards and the overseeing of manage…
Our directors are focused on governance and compliance and spend most of their time at board meetings drilling our senior executive on risk matters. This inward-looking approach cascades down through our company and creates a culture of anxiety, back-watching and reactivity. The joke is that some months ago, our Chief Executive retained some expensive consultants to facilitate an innovation wor…