Governance Guidance for unlisted companies
‘The global financial crisis has reminded us that it’s nearly impossible to find a “silver bullet” in the form of laws and regulations to improve board performance. That leaves the private sector with a major responsibility to improve board practices through, inter alia, implementing voluntary standards. This is particularly the case in unlisted companies, where the long-term success of the company, including its strategy depends on an effective board.’
It’s never too late to learn: Part 1
‘The financial crisis has challenged the assumptions underpinning national and global political-economic structures. People are questioning core beliefs about the efficiency of markets ... and the ability of intelligent, informed, self-interested people – owners, directors and managers – to define their risk tolerance, wisely chart and choose among risk-calibrated strategic options, and accept the consequences.’