1st Edition

Enhancing Board Effectiveness Institutional, Regulatory and Functional Perspectives for Developing and Emerging Markets

    416 Pages
    by Routledge

    416 Pages
    by Routledge

    Enhancing Board Effectiveness seeks to examine the conceptualization and role of the board in a variety of contexts and articulate solutions for improving the effectiveness of the board, especially in developing and emerging markets. Enhancing Board Effectiveness with therefore address the following central questions:







    • To what extent is the concept and role of the board evolving?






    • What rights, powers, responsibilities and other contemporary and historical experiences can enhance the effectiveness of the board, especially in the particular contexts of developing and emerging markets?






    • What socio-economic, political, regulatory and institutional factors/actors influence the effectiveness of the board and how can the policies and practices of such actors exert such influences?






    • In what ways can a reconstructed concept of the board serve as a tool for theoretical, analytical, regulatory and pragmatic assessment of its effectiveness?






    In examining this issues, Enhancing Board Effectiveness will investigate theoretical, socio-economic, historical, empirical, regulatory, comparative and inter-disciplinary approaches. Academics in the relevant fields of accounting, behavioural psychology/economics, development studies, financial regulation, law and management/organizational studies, political economy and, public administration will find this book of high interest.

     

    Foreword by Professor Emilios Avgouleas





    Chapter 1



    Introduction: Enhancing Board Effectiveness – Institutional, Regulatory and Functional Perspectives for Developing and Emerging Markets



    Onyeka K. Osuji, Franklin N. Ngwu, Chris Ogbechie and David Williamson





    Chapter 2:



    Principles of Corporate Governance and Effective Board



    Folajimi Ashiru, Franklin Nakpodia and Emmanuel Adegbite





    Chapter 3



    Codes for Boards of Directors: A Law and Morality and Organisational Differences Perspective



    David Williamson & Gary Lynch-Wood





    Chapter 4



    The Nature of Boards in Developing and Emerging Markets



    Chris Ogbechie





    Chapter 5: Corporate Governance and Business Growth: Evidence from China



    Jia Liu; Moshfique Uddin; Anup Chowdhury & Christopher Muganhu





    Chapter 6



    Board Effectiveness: Do Committees Really Matter? Evidence from Turkey



    Emek Toraman Çolgar





    Chapter 7



    Individualism in Boards or Directors: Why Good Board Members Make Bad Decisions



    Chris van der Hoven and Kalu Ojah





    Chapter 8



    Tone at the Top, Organizational Culture and Board Effectiveness



    Surendra Arjoon





    Chapter 9



    Institutions and Board Effectiveness: Any Link? The United Kingdom, United States and Nigeria in Perspective



    Francis Okanigbuan





    Chapter 10



    Club Theory and Directors’ Performance Evaluation



    Onyeka K. Osuji



    Chapter 11



    Corporate Governance Codes for Public Sector, Private Sector and Not-for Profit Boards- Varied Rules and Structure or One size fits all



    Olawale Ajai





    Chapter 12



    Reporting by the Companies: Development and Challenges



    Indrajit Dube & Mia Mahmudur Rahim





    Chapter 13



    Director’s Selection, On-boarding and Disqualification Process



    Chris Ogbechie





    Chapter 14



    Directors’ Duties and Accountability, Personal Liability and Lifting the Veil of Incorporation



    Ngozi Okoye





    Chapter 15:



    Money laundering, Tax havens and Transparency: Any role for the Board of Directors of Banks?



    Euphemia Godspower-Akpomiemie and Kalu Ojah





    Chapter 16



    The Journey to Board Effectiveness: The Case of Indonesia



    Sylvia Veronica





    Chapter 17



    Board Roles in Business Groups and Multinational Enterprises in Emerging Markets



    Gül Okutan Nilsson





    Chapter 18



    The Board in the Financial and Social Performance of Firms



    Ogechi Adeola and Eugene Ohu





    Chapter 19



    Director Remuneration in Developing and Emerging Markets: Issues, Challenges and Prospects



    Franklin N. Ngwu





    Chapter 20



    Board Composition and Diversity in Developing and Emerging Markets



    Enase Okonedo





    Chapter 21



    Shareholders and Institutional Investment



    Kalu Ojah and Chris van de

    Biography

    Franklin N. Ngwu is a Senior Lecturer in Strategy, Finance and Risk Management, Lagos Business School, Pan-Atlantic University, Nigeria.



    Onyeka Osuji is a Reader in Law and Coordinator of the Commercial Law Research Cluster, School of Law, University of Essex, UK.



    Chris Ogbechie is a Professor of Strategic Management and Corporate Governance, Lagos Business School, Pan- Atlantic University, Nigeria.



    David Williamson is an Honorary Senior Research Fellow, School of Law, University of Manchester, UK.