Bernard Taylor - Böcker

Boards of directors are coming under increasing scrutiny in terms of their contribution in monitoring and controlling management, particularly in the wake of high-profile corporate frauds and failures, and also their potential to add value to organizational performance through involvement in the strategy process and through building relationships with key investors. Despite the importance of these issues, not only to organizations but also arguably to national competitiveness, the nature of board activity remains largely a black box, clouded by prescriptions, prejudices, and half-truths. This book responds to calls for greater scrutiny of boards of directors with an in-depth examination of directors of UK organizations, drawing on the accounts of directors themselves as to their roles, influence, and the potential and limits to their power. Much work on boards of directors has labelled the board as a rubber stamp for dominant management, and non-executive directors in particular have been variously described as poodles, pet rocks, or parsley on the fish. Such accounts are rooted in assumptions of board activity that are essentially adversarial in nature, and that the solution to the 'problem' of reconciling the interests of managers with those of shareholders is to increase the checks and balances available to the board of directors. The findings of this study show that boards, in many cases, are far more than passive rubber stamps for management and that non-executives are encouraged to act as trusted advisers to the executives and the chief executive, rather than solely monitors of executive activity. Boards are important mechanisms in maintaining the strategic framework of the organization through setting the boundaries of organizational activity. The potential of the board members, in particular the non-executives, to fulfil such a mandate depends on a number of factors, including ability, willingness to engage with the organizational issues, and the degree of knowledge they have relevant to the host firm. Above all, the degree of trust built between members of the board, and between the board and key external constituencies, is at the heart of effective board behaviour.

Boards of directors are coming under increasing scrutiny in terms of ther contribution in monitoring and controlling management, particularly in the wake of high-profile coprorate frauds and failures, and also their potential to add value to organizational performance through involvement in the strategy process and through building relationships with key investors. Despite the importance of these issues, not only to organizations but also arguably to national competitiveness, the nature of board activity remains largely a black box, clouded by prescriptions, prejudices, and half-truths. This book responds to calls for greater scrutiny of boards of directors with an in-depth examination of directors of UK organizations, drawing on the accounts of directors themselves as to their roles, influence, and the potential and limits to their power.Much work on boards of directors has labelled the board as a rubber stamp for dominant management, and non-executive directors in particular have been variously described as poodles, pet rocks, or parsley on the fish. Such accounts are rooted in assumptions of board activity that are essentially adversarial in nature, and that the solution to the 'problem' of reconciling the interests of managers with those of shareholders is to increase the checks and balances available to the board of directors. The findings of this study show that boards, in many cases, are far more than passive rubber stamps for management and that non-executives are encouraged to act as trusted advisers to the executives and the chief executive, rather than solely monitors of executive activity. Boards are important mechanisms in maintaining the strategic framework of the organization through setting the boundaries of organizational activity. The potential of the board members, in particular the non-executives, to fulfil such a mandate depends on a number of factors, including ability, willingness to engage with the organizational issues, and the degree of knowledge they have relevant to the host firm. Above all, the degree of trust built between members of the board, and between the board and key external constituencies, is at the heart of effective board behaviour.

Exam Board: Salters Horner

Level: A level

Subject: Science / Physics

First teaching: September 2015

First exams: June 2017

An ActiveBook is included with every Student Book, giving your students easy online access to the content in the Student Book. They can make it their own with notes, highlights and links to their wider reading. Perfect for supporting revision activities. Student Book 1 supports a standalone AS course and provides the first year of a two-year A level course; Student Books 1and 2 together support the full A level course. A cumulative approach to learning constantly builds on what has previously been learnt. Each topic is introduced within a wider context. Concepts are revisited and developed in later chapters. Link the Learning sections require students to use knowledge from throughout the chapter and apply it to new contexts. Practical skills section provides guidance on practical work within an investigative framework. End of chapter questions provide opportunities for students to check understanding and apply what they have learnt in a variety of contexts. Maths notes section  provides guidance on key maths skills that students can refer to throughout the course. Achievements list the specification points covered in each chapter and show where each is addressed.

 

Exam Board: Salters Horner

Level: A level

Subject: Science / Physics

First teaching: September 2015

First exams: June 2017

An ActiveBook is included with every Student Book, giving your students easy online access to the content in the Student Book. They can make it their own with notes, highlights and links to their wider reading. Perfect for supporting revision activities. Student Book 1 supports a standalone AS course and provides the first year of a two-year A level course; Student Books 1and 2 together support the full A level course. A cumulative approach to learning constantly builds on what has previously been learnt. Each topic is introduced within a wider context. Concepts are revisited and developed in later chapters. Link the Learning sections require students to use knowledge from throughout the chapter and apply it to new contexts. Practical skills section provides guidance on practical work within an investigative framework. End of chapter questions provide opportunities for students to check understanding and apply what they have learnt in a variety of contexts. Maths notes section  provides guidance on key maths skills that students can refer to throughout the course. Achievements list the specification points covered in each chapter and show where each is addressed.