Open AccessCorporate governance is directors making decisions: reforming the outward foundations for inside decision making
Author(s) -
Michael Useem
Publication year - 2004
Publication title -
corporate ownership and control
Language(s) - English
Resource type - Journals
eISSN - 1810-0368
pISSN - 1727-9232
DOI - 10.22495/cocv2i1p10
Subject(s) - corporate governance , business , accounting , corporate title , strategic leadership , public relations , finance , marketing , strategic planning , political science
If companies do have the right directors and practices in place, they will benefit from board leadership along with executive leadership. Great leadership is required of the top management team, but it is equally essential from those who are ultimately responsible for the team and the fate of the firm. Good decisions premised on strategic thinking and followed by timely execution will give the board what it needs to give the investors what they deserve.