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Boardroom Excellence: A Common Sense Perspective on Corporate Governance ReviewMr. Brountas is an elder statesman of the American corporation and of venture capital. If you are considering serving on the Board of Directors of an American corporation, this is the first book you should read, preferably before accepting a seat.He tells you what your responsibilities are to the Board, to the Chairman of the Board and especially to the stockholders. Consequently he educates you on legal matters and government compliance.
But the real value of the book is for those who actually want to be good directors. Mr. Brountas begins with ethics, but moves into the higher levels of governance to help you be an active member, not a silent rubber stamp collecting payment for going along. Active board members drive the senior managers and give counsel and direction. You can further serve on a special committee of the board that draws on your particular expertise.
Finally, he helps you decide whether or not a particular corporation is good for you in turn. It is not good enough for you to be a good governor in principle. The corporation must be good enough for you to be effective as well. Otherwise, not only will you do no good, you could land in harm's way from a shareholder's action, other litigation or government action. Highly recommended.Boardroom Excellence: A Common Sense Perspective on Corporate Governance Overview
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