The boards of subsidiary companies are an underexploited resource for global companies. While many executives feel that these boards should exist only on paper, the authors demonstrate that the boards of subsidiary companies offer real opportunities for adding value. A range of roles are...

There are at least three main areas in which boards of directors can add value to their corporate enterprise. Ada Demb and F.-Friedrich Neubauer evaluate two -- monitoring management and helping to formulate corporate strategy -- and find them valuable. But it is the third area where the board...

The management of future leadership and succession may be among the most important issues facing any company. In this article, the authors examine the process of planning for and managing future leadership, the so-called "high potential employees" (HIPOs) from a strategic perspective. Current...

As corporate ownership patterns change, institutional investors across the industrialized world are experimenting to find behaviors consistent with the responbibilities of their new ownership roles. Ada Demb and Brenda Richey explore the potential corporate governance role of these investors...

Current discussions of board mandates primarily address how the board should be involved in setting, evaluating or monitoring the strategy of a company, and how board members should conduct themselves. The authors propose that boards and management also need to explore the nature of public...