Corporate governance makes headlines - The legal obligations of directors - Getting and keeping an effective board - How an effective board organizes its work - The board - CEO relationship - CEO compensation - The board's role in management - New requirements: Sarbanes-Oxley Act and the Stock Exchange Rules - How directors and boards get into trouble.

A comprehensive overview of one of today's most important and controversial topics

The need for sound corporate governance is the #1 item on many people's agendas today, from corporate directors and decision makers to investors looking to shield themselves from the next Enron-type disaster. But what exactly constitutes sound governance? And what should directors and managers do to ensure they can meet their governance responsibilities--whether legal, moral, or both?

"What Is Corporate Governance? provides readers with concise yet comprehensive coverage of this hot-button subject. Following the reader-friendly format of McGraw- Hill's highly successful What Is . . . series, this one-stop overview of corporate governance features: Explanations of the laws and regulations that apply to corporate governance Insights into the duties--and liabilities--of corporate directors Discussion of the impact of Sarbanes-Oxley on corporate governance issues