Article
Paradigm Flaw in the Boardroom: Governance versus Management
Osgoode Legal Studies Research Paper Series
Research Paper Number
15/2015
Document Type
Article
Publication Date
2015
Keywords
- corporate governance,
- management,
- organisational capacity,
- sustainability
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.
Citation Information
Edward J Waitzer and Alfredo Enrione. "Paradigm Flaw in the Boardroom: Governance versus Management" (2015) Available at: http://works.bepress.com/edward_waitzer/18/
View the research paper on SSRN here.