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Article
Paradigm Flaw: Governance v/s Management
International Journal of Disclosure and Governance (2005)
  • Edward Waitzer
  • Alfredo Enrione
Abstract

The purpose of this paper is to explore a more constructive role for corporate boards — one that would entail directors recognising the operational primacy of management and focusing their attention on the manner in which a corporation can best fulfil its long-term strategy. Paying more attention to nurturing long-term, sustainable value will help differentiate roles and will suggest the need for new metrics and a deeper appreciation by directors of corporate strategy and organisational capacity. At a time when senior management are dedicating disproportionate resources to immediate compliance issues, it is critical that boards take such a broad view.

Keywords
  • Corporate Governance,
  • Boards of directors
Publication Date
2005
Citation Information
Edward Waitzer and Alfredo Enrione. "Paradigm Flaw: Governance v/s Management" International Journal of Disclosure and Governance Vol. 2 Iss. 4 (2005)
Available at: http://works.bepress.com/alfredo_enrione/2/