How does the way companies are run affect the world we live in?
This is one of the fundamental questions that falls within the purview of corporate governance.
And when it comes to corporate governance, Nell Minow has literally written the book. In fact, sheâs written several books.
Nell has been described in the Financial Times as the âdoyenne of the US corporate governance movementâ.
BusinessWeek has called her the âqueen of good corporate governanceâ.
She co-authored the book Power and Accountability with Robert A. Monks, which was hailed as essential reading for anyone interested in corporate governance by legendary management thinker Peter Drucker.
Hereâs what we cover in an action-packed episode:
Why weâre living in the best of times and the worst of times
Why we have to work beyond national borders to protect our air and water
The Delaware problem and the externalising of responsibility
The bright future of millennialsâ broader look at business and accountability
Why MeToo and Black Lives Matter demonstrate that the S in ESG doesnât just mean Social, it also means âsurpriseâ
Why ESG should fill the gap in GAAP
Defining corporate governance at a fundamental level
The issue of board member independence
CEO pay and the need for variability over certainty
How to measure board efficacy
The problem of acquisitions that donât add value
The biggest threats to business sustainability
How to put company values into practice
The threat that corporate corruption poses to capitalism
What it takes to be an effective board member
Tips for getting a seat on a board
Movies that best teach about corporate governance (Nell is also a movie reviewer at moviemom.com)
If youâre interested in any aspect of corporate governance then this episode is a must.
(Episode recorded on 21st May 2021.)