Boards That Work: A New Guide for Directors

Geoffrey C. Kiel · Gavin John Nicholson

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Corporate Finance and Governance Corporate Governance and Law Corporate Governance and Financial Management

Abstract

Despite an abundance of information on the legal requirements of directors, there is little practical advice on how to develop a truly effective board. Added to this is today's growing expectation that boards should monitor management as well as take full responsibility for the performance of their organisations. Boards That Work addresses this deficiency by showing boards how to develop their own corporate governance charter to document best practice governance policies within the Australian legal environment. Using the findings from contemporary global research, Geoffrey Kiel and Gavin Nicholson bring together the experiences of many boards and directors to present a model of policy documents and processes. Checklists, diagrams, figures and practical examples are extensively used to clearly illustrate key concepts, and a complete sample charter is presented to assist all types of boards in developing their own governance policies and procedures.

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