Business value and corporate governance: a new approach
Abstract
In the aftermath of financial scandals, much good work is being done on the procedures that frame corporate governance. However, to achieve a quantum leap in the effectiveness of the board of directors, the focus should now shift from the procedures that frame corporate governance to what happens within this frame, namely to the process of corporate governance. To transform this process, the author shows how the concept of business value can help the board understand where, how and how much value is created throughout the business flow.
Keywords
Citation
Sussland, W.A. (2004), "Business value and corporate governance: a new approach", Journal of Business Strategy, Vol. 25 No. 1, pp. 49-56. https://doi.org/10.1108/02756660410516029
Publisher
:Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited