Foreword
This book is a great and insightful collection of essays by respected academic experts on the most important question surrounding corporate governance: board effectiveness. Given how multifaceted this issue is in the developed world, one can only imagine how much more complex and challenging is the achievement of board effectiveness in the developing world, given the conflicting cultures and expertise barriers firms face to select the best qualified directors and maintain an effective system of board monitoring. The wealth of jurisdictions covered by the authors’ solid research is very impressive, ranging from sub-Saharan Africa to China. These are countries where not only traditional western corporate governance concepts/mechanisms ...
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