Behavioral Corporate Governance in Practice: New Models for Leadership and Oversight

Behavioral Corporate Governance in Practice provides readers with a comprehensive understanding of corporate governance and its challenges. While covering the key aspects of any board’s agenda, the book also goes a step further by deconstructing behavioral dynamics and balancing both leadership and oversight in its examination of governance.The psychological aspects of decision-making and boardroom dynamics are explored, including ethics, morals, rationality, biases, and emotions.Building on these considerations, the author presents a new leadership model in reaction to the classic model of CEO narcissism; one based on strategic and empathetic leadership.A case is also made for the internally and externally balanced board, which exhibits an effective mix of behavioral dynamics as well as a strategic sensitivity to the wider societal context beyond organizational interests.Topics covered include information management, finance, accounting, risk management, fraud and corruption, purpose,