Publisher's Synopsis
Showing how the meaning of board membership and the responsibility of directors have changed over the years from the "honorary" positions they once were, this book describes the work that directors actually do in companies having active boards, how board chairmen interact with their boards and their activities in both day-to-day and crisis situations. The book also looks at the functions of the major board committees: nominating, compensation, audit and finance. Each chapter is followed by case histories describing particularly challenging situations directors have had to deal with.
