The document discusses the importance of staying informed about corporate governance issues, highlighting recommended summer reading. It covers controversial topics such as the role of independent board chairs, board responses to CEO misconduct, and the challenges of assessing governance quality. Additionally, it addresses CEO compensation debates and encourages readers to subscribe for further insights on corporate governance.

1. STAY UP-TO-DATE ON THE LATEST
HAPPENINGS IN THE BOARDROOM:
RECOMMENDED SUMMER READING
gsb.stanford.edu/cgri-research

2. “WE TAKE AN AGNOSTIC
APPROACH TO CORPORATE
GOVERNANCE, WITH NO
AGENDA OTHER THAN TO
GET THE STORY STRAIGHT.”
David F. Larcker
James Irvin Miller Professor of Accounting
Stanford Graduate School of Business

3. WHAT CAN YOU READ THIS
SUMMER TO MAKE SURE YOU’RE
ON TOP OF THE LATEST TOPICS,
ISSUES, AND CONTROVERSIES
IN CORPORATE GOVERNANCE?

4. One of the most controversial issues in corporate governance is
whether companies should be required to have an independent
board chair. Learn what factors the board should consider in
deciding whether to combine or separate board leadership.
CHAIRMAN AND CEO: THE CONTROVERSY
OVER BOARD LEADERSHIP STRUCTURE
Read More

5. Read More
SCOUNDRELS IN THE C-SUITE: HOW
SHOULD THE BOARD RESPOND WHEN A
CEO’S BAD BEHAVIOR MAKES THE NEWS
Explore the actions that the board of directors should take when
the CEO engages in behavior that is questionable but not illegal.

6. Read More
It is difficult for outside observers to reliably gauge governance
quality. Understand how shareholders can diagnose the issues
facing a company to determine whether they are the result of
“bad governance” and what is the root cause of the problem.
GOVERNANCE ACHES AND
PAINS: IS BAD GOVERNANCE
CHRONIC?

7. Learn how shareholders can tell whether
there is the right balance between “pay for
performance” and risk.
CEO PAY AT VALEANT: DOES
EXTREME COMPENSATION
CREATE EXTREME RISK?
Read More

8. Read More
CEO compensation is a highly controversial subject, in part
because boards do not calculate and disclose the relation
between shareholder value creation and CEO pay. Explore
why compensation contracts are not explicitly tied to value
creation and ask if they should be.
CEO PAY, PERFORMANCE,
AND VALUE SHARING

9. SIGN UP FOR MORE CORPORATE GOVERNANCE INSIGHTS
STRAIGHT TO YOUR INBOX AT CORPGOVEMAIL.COM