Sarbanes-Oxley and the Board of Directors: Techniques and Best Practices for Corporate Governance

Scott Green9780471736080, 0471736082

Well-aware of the fact that the boards of Enron and WorldCom met criteria for acceptable governance practices, a lawyer ventures beyond the management concerns he discussed in his Manager’s Guide to the Sarbanes-Oxley Act (Wiley, 2004) to address the Act’s broader implications for governance in US businesses. Green traces US regulatory history from the 19th century up to this 2002 act targeting public company financial reporting. He includes recommendations; case studies; companies rated high/low for their governance practices; examples of well-known companies’ principles for governance; and a board self-assessment tool. Annotation c2005 Book News, Inc., Portland, OR”

---

Table of contents :
Cover……Page 1
Sarbanes-Oxley and the Boardof Directors……Page 2
Contents……Page 9
Acknowledgments……Page 17
CHAPTER 1A Sturdy Framework……Page 21
GOVERNANCE FACTOR IBuilding a StrongFoundation……Page 29
CHAPTER 2Making of aGovernance Revolution……Page 31
CHAPTER 3Board Basics……Page 47
CHAPTER 4Dealing with YourLiability Up Front……Page 65
GOVERNANCE FACTOR IIOrganize to Lead……Page 73
CHAPTER 5Minding the Numbers:The Audit Committee……Page 75
CHAPTER 6How Much Is Fair?:The Compensation Committee……Page 101
CHAPTER 7Keeping It Clean: The CorporateGovernance/NominatingCommittee……Page 119
CHAPTER 8Other Committees toHave and to Avoid……Page 149
GOVERNANCE FACTOR IIIInsist onHigh Standards……Page 157
CHAPTER 9Hard Work of BuildingCorporate Values……Page 159
CHAPTER 10Healthy Board Dynamics……Page 176
GOVERNANCE FACTOR IVLet Them KnowYou Are Watching……Page 197
CHAPTER 11Art of Oversight*……Page 199
CHAPTER 12Hostile Activities……Page 220
GOVERNANCE FACTOR VCommunicating Clearly……Page 229
CHAPTER 13Speaking to the Crowd……Page 231
CHAPTER 14Required Communications……Page 247
Other Useful Adviceand Conclusions……Page 269
CHAPTER 15Big Money, LittleMoney, No Money……Page 271
CHAPTER 16A Call to Service……Page 297
APPENDIX AGMI CorporateGovernance Ratings*……Page 303
APPENDIX BGeneral Motors Corporation:Audit Committee of theBoard of Directors Charter*……Page 307
APPENDIX CBoard Evaluation Tool:NACD Sample Board Self-Assessment Questionnaire*……Page 313
APPENDIX DChampion Enterprises, Inc.CEO Evaluation*……Page 317
APPENDIX EStatement of Values:Johnson & Johnson Credo*……Page 321
APPENDIX FTIAA-CREF Principles for FundGovernance and Practices*……Page 323
Index……Page 327