Board Involvement in the Strategic Decision Making Process: A Comprehensive Review (Annals of Corporate Governance)

The board of directors is legally responsible for setting the strategic direction of the firm and for ensuring the firm's long-term performance in almost all governance environments. However, many boards delegate the task of creating and executing the firm's strategy to a group of full-time professional managers. This separation between ownership and control creates many challenges for the modern-day firm, and the board's role in the strategy formation process is arguably the seminal governance challenge confronting boards today. Board Involvement in the Strategic Decision Making Process: A Comprehensive Review examines this seminal challenge.

• | Author: William Q. Judge, Till Talaulicar
• | Publisher: Now Publishers Inc
• | Publication Date: Apr 06, 2017
• | Number of Pages: 136 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1680832603
• | ISBN-13: 9781680832600