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CORE CONCEPTS
BOARD OF DIRECTORS
A Guide To Understanding Concepts
Of Corporate Governance
LEARN
EXPLORE FUNDAMENTAL IDEAS
	• Board of Directors: Duties and Liabilities
	• Board of Directors: Selection, Compensation, and Removal
	• Board of Directors: Structure and Consequences
DISCUSS
TAKE A TARGETED LOOK AT SPECIFIC ISSUES
	 • Seven Myths of Boards of Directors
	• Chairman and CEO: The Controversy Over Board
	 Leadership Structure
APPLY
APPLY RESEARCH FINDINGS THROUGH
Key Statistics
	• Board Structure Data
Research Summaries
	• Independent Chairman
	• Independent and Outside Directors
	• Diverse Boards
Survey Data
	• 2015 Survey on Board of Directors of Nonprofit Organizations
	• 2014 How Well Do Corporate Directors Know Senior Management?
	• 2013 CEO Performance Evaluation Survey
	• 2012 Social Media Survey
	 • 2011 Corporate Board of Directors Survey
gsb.stanford.edu/cgri-research
BOARD OF DIRECTORS
SUPPLEMENTAL READINGS
gsb.stanford.edu/cgri-research
SCOUNDRELS IN THE C-SUITE:
How Should the Board Respond When a CEO’s Bad
Behavior Makes the News?
WHAT CAN NONPROFIT BOARDS LEARN FROM EACH
OTHER ABOUT IMPROVING GOVERNANCE?
PIONEERING WOMEN ON BOARDS:
Pathways of the First Female Directors
WHERE EXPERTS GET IT WRONG:
Independence vs. Leadership in Corporate Governance
MONITORING RISKS BEFORE THEY GO VIRAL:
Is It Time for the Board to Embrace Social Media?
SCARLET LETTER:
Are the CEOs and Directors of Failed Companies “Tainted”?
DIRECTOR NETWORKS:
Good for the Director, Good for Shareholders
LEHMAN BROTHERS:
Peeking Under the Board Façade
BOARD OF DIRECTORS
FACULTY DIRECTOR
DAVID F. LARCKER
James Irvin Miller Professor of Accounting
Stanford Graduate School of Business
Director, Corporate Governance
Research Initiative
Senior Faculty, Arthur and Toni Rembe
Rock Center for Corporate Governance,
Stanford University
BRIAN TAYAN, MBA ‘03
Researcher, Corporate Governance
Research Initiative, Stanford Graduate
School of Business (MBA, 2003)
Arthur and Toni Rembe Rock Center
for Corporate Governance, Stanford
University
MICHELLE E. GUTMAN
Researcher, Corporate Governance
Research Initiative, Stanford
Graduate School of Business
Arthur and Toni Rembe Rock Center
for Corporate Governance,
Stanford University
ABOUT USThe Corporate Governance Research Initiative is a Stanford
Graduate School of Business faculty research program that explores
the practice of corporate governance in order to advance intellectual
understanding of this critical area of business management. Our
goal is to encourage academics and professionals to bridge the gap
between theory and practice.
CONTACT US
 gsb_corpgovernance@stanford.edu
gsb.stanford.edu/cgri-research
THE TEAM
BOARD OF DIRECTORS

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Board of Directors: A Guide to Understanding Concepts of Corporate Governance

  • 1. gsb.stanford.edu/cgri-research CORE CONCEPTS BOARD OF DIRECTORS A Guide To Understanding Concepts Of Corporate Governance
  • 2. LEARN EXPLORE FUNDAMENTAL IDEAS • Board of Directors: Duties and Liabilities • Board of Directors: Selection, Compensation, and Removal • Board of Directors: Structure and Consequences DISCUSS TAKE A TARGETED LOOK AT SPECIFIC ISSUES • Seven Myths of Boards of Directors • Chairman and CEO: The Controversy Over Board Leadership Structure APPLY APPLY RESEARCH FINDINGS THROUGH Key Statistics • Board Structure Data Research Summaries • Independent Chairman • Independent and Outside Directors • Diverse Boards Survey Data • 2015 Survey on Board of Directors of Nonprofit Organizations • 2014 How Well Do Corporate Directors Know Senior Management? • 2013 CEO Performance Evaluation Survey • 2012 Social Media Survey • 2011 Corporate Board of Directors Survey gsb.stanford.edu/cgri-research BOARD OF DIRECTORS
  • 3. SUPPLEMENTAL READINGS gsb.stanford.edu/cgri-research SCOUNDRELS IN THE C-SUITE: How Should the Board Respond When a CEO’s Bad Behavior Makes the News? WHAT CAN NONPROFIT BOARDS LEARN FROM EACH OTHER ABOUT IMPROVING GOVERNANCE? PIONEERING WOMEN ON BOARDS: Pathways of the First Female Directors WHERE EXPERTS GET IT WRONG: Independence vs. Leadership in Corporate Governance MONITORING RISKS BEFORE THEY GO VIRAL: Is It Time for the Board to Embrace Social Media? SCARLET LETTER: Are the CEOs and Directors of Failed Companies “Tainted”? DIRECTOR NETWORKS: Good for the Director, Good for Shareholders LEHMAN BROTHERS: Peeking Under the Board Façade BOARD OF DIRECTORS
  • 4. FACULTY DIRECTOR DAVID F. LARCKER James Irvin Miller Professor of Accounting Stanford Graduate School of Business Director, Corporate Governance Research Initiative Senior Faculty, Arthur and Toni Rembe Rock Center for Corporate Governance, Stanford University BRIAN TAYAN, MBA ‘03 Researcher, Corporate Governance Research Initiative, Stanford Graduate School of Business (MBA, 2003) Arthur and Toni Rembe Rock Center for Corporate Governance, Stanford University MICHELLE E. GUTMAN Researcher, Corporate Governance Research Initiative, Stanford Graduate School of Business Arthur and Toni Rembe Rock Center for Corporate Governance, Stanford University ABOUT USThe Corporate Governance Research Initiative is a Stanford Graduate School of Business faculty research program that explores the practice of corporate governance in order to advance intellectual understanding of this critical area of business management. Our goal is to encourage academics and professionals to bridge the gap between theory and practice. CONTACT US  gsb_corpgovernance@stanford.edu gsb.stanford.edu/cgri-research THE TEAM BOARD OF DIRECTORS