From the Inside Flap
Renowned corporate governance and risk management expert Richard Steinberg—advisor to major multinationals' boards and CEOs and author of Corporate Governance and the Board—What Works Best, as well as principal author of COSO's internal control and ERM frameworks—helps you better understand the factors that make up the critical infrastructure that drives every organization. Here, you'll discover what must go right to prevent catastrophes and seize opportunities for continued success.
Steinberg provides authoritative insight into the essential collaboration necessary between senior managers and members of the board of directors, with timely discussion of:
Critical factors for making compliance, ethics, and risk management processes truly effective
How CEOs and senior management teams cultivate a culture and leadership process to support and drive performance
How boards of high-achieving companies oversee corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications
The pitfalls that managers and boards need to avoid
The future of corporate governance and what's needed for continued effectiveness
With clear guidance on aligning processes, organization, and technology so your company achieves its strategic goals, Governance, Risk Management, and Compliance explains how to protect your company from financial and reputational risk, litigation, and government intervention and avoid the kinds of disasters that can befall any organization.
From the Back Cover
"Rick Steinberg is a time-tested expert in this ever more essential field. His refreshing candor in assessing recent shortfalls makes this book a must-read for corporate leaders." —Mark R. Fetting, Chairman and CEO, Legg Mason, Inc.
"This outstanding book provides a critically important perspective on how risk management can only be truly achieved by aligning culture, strategy, compliance programs, and compensation. It should be must reading for any board member concerned with improving the management of risk."—Jay Lorsch, Louis E. Kirstein Professor of Human Relations, Harvard Business School
"A comprehensive and insightful examination of corporate governance. A must-read for those of us who are CEOs and serve on public boards" —Randall L. Clark, Chairman and CEO, Dunn Tire LLC; former Chairman and CEO, Dunlop Tire North America
"Attention directors and officers: Ignore this book at your own peril. Richard Steinberg has crafted a careful, thoughtful approach to managing risks, and it should be required reading for Corporate America."—Scott S. Cohen, founder and former Editor and Publisher, Compliance Week
"Richard Steinberg's comprehensive and clearly written work will substantially benefit both new and experienced directors. It will help corporate boards recognize the challenging forces businesses face, as well as the techniques and standards available to intelligently monitor and supervise firms and their senior management. An easy and engaging read, this book should be on the bookshelf of every corporate director."—William T. Allen, Director, NYU Pollack Center of Law & Business; former Chancellor, Court of Chancery of the State of Delaware
"Richard Steinberg, a respected and time-proven governance hand, has written a most enjoyable and thought-provoking work—an excellent addition to anyone's governance shelf!" —Charles Elson, Edgar S. Woolard, Jr., Chair in Corporate Governance and Director of the Weinberg Center for Corporate Governance, University of Delaware