Corporate Boards That Create Value
Governing Company Performance from the Boardroom
J-B Carver Board Governance Series

1. Edition September 2002
240 Pages, Hardcover
Wiley & Sons Ltd
Short Description
In this book, John Carver and Caroline Oliver apply Carver's successful Policy Governance model to the governing of for profit organizations. While most books on corporate governance focus on adding value to "management," Carver reveals that board authority comes from one source--shareholders--therefore all board activities should be devoted to setting policy rules that answer to shareholders wishes.
This book applies John Carver's highly successful Policy Governance(r) model to corporate boards. Carver and boardroom consultant Caroline Oliver explain the world's only conceptually coherent operating system for boards. This simple yet profound system clarifies roles, empowers directors and senior management alike, and makes accountability feasible to a previously unattainable degree. The authors suggest a redefinition and elevation of the value that boards should create and show how to apply the Policy Governance design to commanding company performance. Corporate Boards That Create Value gives corporate directors and all who care about governance a powerful tool for success.
Introduction.
1. The Value of Boards.
2. Designing the Board's Job.
3. Forging Group Leadership.
4. Connecting to Management.
5. Setting Expectations for Management Performance.
6. Reporting Board and Management Performance.
7. Maintaining the Gains.
8. Getting There from Here.
Appendixes.
A. Glossary.
B. The Case for a CGO.
C. Chair and CEO: One Person or Two?
D. Inside Directors.
E. Sample Board Policies Under Policy Governance.
F. Sample Monitoring Report Under Policy Governance.
Notes.
Acknowledgments.
The Authors.
Index.
getAbstract.com, 11/02
Caroline Oliver is the general editor of The Policy Governance Fieldbook (1999) and a founder and current chair of the International Policy Governance Association. Oliver has worked with boards in the United States, Canada, and the U.K. and writes, speaks, and consults on governance across all sectors.