Jackson Library

Michelle Gutman of GSB Corporate Governance Research informs us of the latest addition to their corporate governance case study series:

Models of Corporate Governance: Who’s the Fairest of Them All?
Case Number: CG-11 Publication Year: 2008 Authors: David F. Larcker; Brian Tayan

In 2007, corporate governance became a well-discussed topic in the business press. Central to these stories was the assumption that somehow corporate governance was to blame. That is, there was a functional failure in the system of checks and balances established to prevent abuse by executives. This case explores the various corporate governance systems that have been adopted in the United States and in various countries in Europe and Asia. The issues of control, director independence, auditor independence, dual-board vs. unitary-board structure, comply-or-explain, and legislative versus market-driven solutions are explored. Readers are asked to evaluate what governance systems or elements they consider to be most effective. Plentiful examples -- Johnson & Johnson, BMW Group, Michelin, Heineken, Toyota, Samsung, Posco, PetroChina, Infosys, and many others -- are included.

A searchable list of available GSB cases can be found on the GSB website.