Corporate governance represents a primary leverage point for improving organizational performance. CEOs generally control the information received by the board of directors, and so the board′s functioning may suffer from an information deficit. Offers a potential solution to such dependency through the use of consultants who report directly to the board, thus serving as independent sources of guidance and information. Suggests outside consultants could help board members to meet their fiduciary responsibilities to shareholders by improving corporate governance. They could also define the roles of board members;evaluate CEO performance and rewards; monitor the development of others in senior management; and objectively identify and evaluate key issues which call for a board response. Proposes that using consultants to span the boundaries between the board and the organization offers a key point of leverage in improving corporate performance.
Article navigation
1 June 1995
Research Article|
June 01 1995
Strengthening corporate governance through board‐level consultants Available to Purchase
William B. Werther;
William B. Werther
Department of Management, University of Miami, Florida, USA
Search for other works by this author on:
Jeffrey L. Kerr;
Jeffrey L. Kerr
Department of Management, University of Miami, Florida, USA
Search for other works by this author on:
Robert G. Wright
Robert G. Wright
School of Business and Management, Pepperdine University, Malibu, California, USA
Search for other works by this author on:
Publisher: Emerald Publishing
Online ISSN: 1758-7816
Print ISSN: 0953-4814
© MCB UP Limited
1995
Journal of Organizational Change Management (1995) 8 (3): 63–74.
Citation
Werther WB, Kerr JL, Wright RG (1995), "Strengthening corporate governance through board‐level consultants". Journal of Organizational Change Management, Vol. 8 No. 3 pp. 63–74, doi: https://doi.org/10.1108/09534819510090169
Download citation file:
Suggested Reading
Beefed up boards
Strategic Direction (January,2006)
Boards: making good use of newcomers and old hands
The Antidote (June,1997)
Who is Running British Manufacturing?
Industrial Management & Data Systems (June,1992)
The management of managers: challenges in a small economy
Journal of European Industrial Training (May,2009)
What Makes a Good Chairman and Why It Matters
Executive Development (August,1993)
Related Chapters
The Effect of Informed Outside Directors on Investment Efficiency
Advances in Management Accounting
Corporate Governance in a Post-pandemic World
Responsible Management of Shifts in Work Modes – Values for Post Pandemic Sustainability, Volume 2
Coopetition and Knowledge Dynamics: Knowledge Creation and Management for Growth
Global Opportunities for Entrepreneurial Growth: Coopetition and Knowledge Dynamics within and across Firms
Recommended for you
These recommendations are informed by your reading behaviors and indicated interests.
