"Corporate Governance examines the director's role in today's challenging business environment. Authors John Colley, Jacqueline Doyle, George Logan, and Wallace Stettinius of the University of Virginia's Darden Graduate School of Business draw on their decades of personal experience as decision makers and directors, as well as their academic expertise, to explore the actions boards must take to govern successfully while gaining the trust and confidence of businesspeople and investors. Based on a popular course on governance at the Darden School, this executive-level guide explores: the expanding role of the corporation, and the directors of that corporation, in modern society; the rules and conventions of corporate governance, along with the pitfalls of failing to understand them; strategies for assembling a mix of directors and attributes designed to most benefit the corporation; techniques for planning, organizing, and conducting a formalized, results-oriented board meeting; if, when, and how a board should intervene in the management decisions of a corporation; myriad ways in which directors can get into - or avoid - legal and PR trouble; significant governance differences between for-profit and not-for-profit organizations." "The corporate director fills one of the most underappreciated yet essential roles in today's economy. Discover how that role has evolved and continues to evolve, and ways in which officers, managers, and directors can work together to improve the success of both the corporation and the society it serves, in Corporate Governance."--BOOK JACKET.