Corporate Governance Regulation: The changing roles and responsibilities of boards of directors, 1st Edition (Hardback) book cover

Corporate Governance Regulation

The changing roles and responsibilities of boards of directors, 1st Edition

By Alice Klettner


232 pages | 9 B/W Illus.

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Corporate governance regulation has been through numerous cycles of reform, and yet we still see instances of companies collapsing suddenly. Codes of corporate governance have been implemented in most developed countries, recommending detailed governance frameworks for publicly listed companies and their boards, but our understanding of how these codes influence behaviour is still limited. 

In this book, Alice Klettner draws on the domains of law and business to explore the effectiveness of corporate governance codes. Using interview evidence from company directors and officers, as well as published evidence of companies’ corporate governance systems, she discusses the theory and practice of corporate governance and its regulation – with a focus on how corporate governance codes can affect board behaviour and company performance.

This interdisciplinary book will be valuable reading for advanced students and researchers of corporate governance, and will also be directly relevant to governance practitioners and policymakers.


'I would recommend this book very strongly to people serving on boards, academics and postgraduate students interested in corporate governance and corporate law. This unique book is one of the first studies in Australia comparing empirical research and examples with theories on board composition, evaluation and diversity. The book has a very solid scholarly underpinning, but it also provides valuable insights into important issues for all boards.' – Jean J. du Plessis, Professor at Deakin Law School, Deakin University, Australia

'Klettner shows the importance of understanding corporate governance dynamics. Through this book she presents many aspects behind the history and development of corporate governance codes in a thought-provoking and informative way, and provides important management theory-based guidelines for corporate governance development and practices.' – Morten Huse, Professor in the Department of Communication and Culture, BI Norwegian Business School, Norway

Table of Contents

1. Corporate Governance Codes: Introduction

2. Development of Codes of Corporate Governance

3. Theories of Corporate Governance and its Regulation

4. Researching Corporate Governance Codes

5. Board Effectiveness and Performance Evaluation

6. Gender Diversity in Corporate Leadership

7. Governance and Corporate Responsibility

8. Executive Remuneration

9. Conclusions

About the Author

Alice Klettner is a Research Fellow in the Business School of the University of Technology Sydney, Australia and is a qualified lawyer.

About the Series

Routledge Contemporary Corporate Governance

This series provides an authoritative, thought-provoking and well-balanced series of textbooks in the rapidly emerging field of corporate governance. It makes a significant impact in this emerging field: defining and illuminating problems; going beyond the official emphasis on regulation and procedures to understand the behaviour of executives, boards, and corporations; and analyzing the wider impact and relationships involved in corporate governance.

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