Corporate Principles, Policies and Practices enables students to understand the major aspects of corporate governance and appreciate the nature, functions and realities of boards of directors and other governing bodies. Taking an international perspective, the author examines different models and theories of corporate governance and applies them in a real world context. Theoretical insights from economics, law, psychology and sociology and their influence on corporate governance are analysed at a level which is suitable for MBA and Masters students. The author has been examining governance issues for 30 years and is credited as being the person who coined the phrase "corporate governance" in 1984. This experience-led discussion and use of case studies ranging from Northern Rock to Lord Black lend a practical emphasis to this text.
The textbook will be accompanied by an online resource center which will comprise the following
Student Links to corporate governance codes, the SOX Act and the UK Companies Act. Links to further reading and resources. Self-assessment exercises. MP3 files of interviews with board members and experts in the field.
Lecturer site (password protected): Further (longer) cases.
Prescribed text for an MBA subject. The content was new to me so I found the book largely helpful. The many case studies were mostly helpful and interesting. During assignment research time I found some of the foundational definitions a little shallow. For example, they would describe X as Y, when really there are 2-3 different popular opinions on how to define X. Overall it probably helped to keep it a more friendly read though.
The content of the book might be good and also without doubt of a high importance for all variety of stakeholder but preliminary to the future directors and chairman's. However, to find anything of value without constant repetition is not an easy task. While reading for instance, chapter 4 you will come across multiple repetition and why the book will be focusing for the x' time on the business definition which is than carefully written one more time. Same with the next chapters where the repetition of previous chapters is is being rolled like a snowball through the next chapters until you have a nice big snowball. Constant repetition makes it a buzz and a pain to read, without the repetition the book could have been two third of what it is. PS. just an angry student The author should join the forces with George R. R. Martin and create a new saga on the corporate governance.
Corporate Governance: Principles, Policies and Practices provides readers with an understanding of the major aspects of corporate governance as well as the nature, functions and realities of boards of directors. The author, Robert Tricker is the man who coined the phrase “corporate governance” in the early 1980s, so his credentials as an expert on the topic are undeniable. The book is a must have for governance practitioners and students alike.