Corporate Boards: Managers of Risk, Sources of Risk deals with the highly timely topic of the Corporate Board and its relationship to risk, both in terms of its management and its creation.
* Utilizes a multi-disciplinary perspective which draws on the fields of economics, law, business ethics, and corporate social responsibility
* Features a range of topics including the role of corporate boards in overseeing increasingly complex risk management techniques and the ethical dimensions of corporate board behavior in managing risk
* Of interest to students, scholars, and firm stakeholders
* Explores how recent events have also shown that the members of Corporate Boards can be sources of risk
表中的内容
Notes on Contributors.
Preface.
Introduction (Robert W. Kolb) (Loyola University Chicago)
and (Donald Schwartz) (Loyola University Chicago)
Part I: A Factual Basis.
1. The Relationship Between Boards of Directors and their Risk
Management Organizations: Are Standards of Best Practice Emerging?
(Michael A.M. Keehner) (Columbia Business School) and (David R.
Koenig) (Ductilibility, LLC)
Part II: Is Risk Management by Corporate Boards Even
Possible?
2. Risk Management, Chaos Theory, and the Corporate Board of
Directors (Michael Potts) (Methodist University)
3. Anti-Social Norms, Risky Behavior (Reza Dibadj) (University
of San Francisco)
4. Time-Inconsistent Boards and the Risk of Repeated Misconduct
(Manuel A. Utset) (Florida State University College of Law)
5. Discussion (Sridhar Ramamoorti).
Part III: Board Structure and the Management of Risk.
6. Theories of Governance and Corporate Moral Vulnerability
(Greg Young) (North Carolina State University) and (Steve H. Barr)
(North Carolina State University)
7. Mitigating the Exposure of Corporate Boards to Risk and
Unethical Conflicts (Shann Turnbull) (International Institute for
Self-Governance)
8. Supervisory Board and Financial Risk-Taking Behaviors in
Chinese Listed Companies (Zhenyu Wu) (University of Saskatchewan),
(Yuanshun Li) (Ryerson University), (Shujun Ding) (York
University), and (Chunxin Jia) (Peking University)
9. Discussion (David R. Koenig) (Ductilibility, LLC)
Part IV: Corporate Boards and the Management of Specific
Risks.
10. Entity-Level Controls and the Monitoring Role of Corporate
Boards (Donna J. Fletcher) (Bentley University), (Mohammad J.
Adbolmohammadi). (Bentley University), and Jay C. Thibodeau
(Bentley University)
11. Do Corporate Boards Care About Sustainability? Should They
Care?(Steven Swidler) (Auburn University) and (Claire E. Crutchley)
(Auburn University)
12. Executive Risk Taking and Equity Compensation in the M&A
Process (William J. Lekse) (University of Michigan Dearborn) and
(Mengxin Zhao) (University of Alberta)
13. Discussion (Tom Nohel) (Loyola University Chicago)
Part V: Corporate Boards, Risk Management, and the Ethical
Firm.
14. The Ethics of Risk Management by a Board of Directors (Duane
Windsor) (Rice University)
15. Assurance and Reassurance: The Role of the Board (Barry M.
Mitnick) (University of Pittsburgh)
16. Risk Disclosure and Transparency: Toward Corporate
Collective and Collaborative Informed Consent (Denise Kleinrichert)
(San Francisco State University) and Anita Silvers (San Francisco
State University)
17. Discussion (John R. Boatright) (Loyola University
Chicago)
Index.
关于作者
Robert W. Kolb has taught at the University of Florida,
Emory University, the University of Miami, the University of
Colorado, and Loyola University Chicago, where he currently serves
as Professor of Finance and holds the Frank W. Considine Chair of
Applied Ethics. Kolb is the author or co-author of more than
50 research articles and 25 finance texts on topics including
financial derivatives, investments, corporate finance, and
financial institutions. He recently edited the Encyclopedia of
Business, Society, and Ethics (2007). Kolb also founded Kolb
Publishing, Inc., which published finance and economics university
texts and was acquired by Blackwell Publishing, now part of John
Wiley & Sons, Inc.
Donald Schwartz is Professor of Finance at Loyola
University Chicago where he directs the Center for Integrated Risk
Management and Corporate Governance and the M.S. in Finance
program. Donald holds a Ph.D. from Purdue University. Prior to
coming to Loyola, Donald was a Senior Executive with Chase
Manhattan Banking Corporation and two subsidiaries of Cargill
Incorporated. He has worked extensively with corporations and
governments to design and execute market and financial risk
programs.