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Anchoring Points for Corporate Directors: Obeying the Unenforceable First Edition Edition
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"Family firms remain the dominant corporate form in Europe and so your wise counsel on how they should meet the challenges of growth and of succession is internationally relevant. Equally, your analysis of how boards can improve their effectiveness is of universal application. I wholeheartedly applaud your advocacy of having a strong group of independent directors on the board. As you rightly say, it is a concept whose time has come."-Sir Adrian Cadbury, Former Chairman Cadbury Schweppes
"Robert Mueller, the "Dean" of the corporate governance field, has done it again. His new book provides an up-to-date picture of what's right and what's wrong in America's boardrooms. The book is peppered with fascinating stories, many from the author's personal experiences. Whether read in its entirety or used as a reference, the book offers any director or director-to-be valuable insights not available elsewhere."-Robert B. Stobaugh Charles E. Wilson Professor of Business Administration, Emeritus, Harvard Business School
"If you mix broad reflected-on board and executive experience, omnivorous reading in economics, psychology, sociology and literature, deep wisdom, often subtle, always urbane wit, and uncommon wisdom, you get a book called Anchoring Points for Corporate Directors: Obeying the Unenforceable by Bob Mueller. He has enlightened all of us concerned with corporate governance through many writings for many years. This is his magnum opus. Even he will have difficulty topping this one."-A.A. Sommer, Jr. Counsel of Morgan, Lewis, & Bockius, LLP
From the Back Cover
One remarkable organizational form that has served Western society well is the enterprise governed by an independent board of trustees or directors. Unless actions are taken to improve the conduct of publicly held corporations, this form may become an endangered species. There are many important understandings and ideas that exist in the covenantal relationships between directors including exploratory problem-solving techniques based on the different starting points or anchors of each director. The anchoring points regarding the unwritten elements of conduct and effectiveness of a member of the board of directors are illustrated through personal experience. Anchoring points are offered herein to directors and those wanting their first board seat. These points concern the idea of service without dominance in the boardroom; the anchors are about obeying the unenforceable in the area of corporate governance for the present time.
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