governance, corporate governance, misgovernance

• Toyota: Accelerating into trouble

  The company’s problems sharply illustrate the failings of Japanese corporate governance

Misgovernance at the World Bank

http://hbswk.hbs.edu/item/6151.html
Board members may be inclined to advance their own interests at voting time. This appears true for the World Bank's Board of Executive Directors, too. The problem? Many countries are being shut out of development funding. New research by Harvard Law School student Ashwin Kaja and HBS professor Eric Werker tells why misgovernance at the World Bank should be corrected. Q&A with Eric Werker. Plus: Working paper PDF.

The biggest question raised by the crisis is how to resolve this contradiction. The current mismatch of globalised finance and national governance is unsustainable. Either governance becomes more globalised or finance less globalised.


Given its somewhat questionable governance of Anheuser-Busch, the Busch family should try to reach a friendly deal -- with Inbev or another suitor -- as quickly as possible, Andrew Ross Sorkin argues in his latest DealBook column.

Go to Article from The New York Times»

governance

(gŭv'ər-nəns)
━━ n. 支配, 統治.公司治理
n.

1. The act, process, or power of governing; government: “Regaining a sense of the state is thus an absolute priority, not only for an effective policy against . . . terrorism, but also for governance itself” (Moorhead Kennedy).
2. The state of being governed.

Wikipedia article "Governance"


企業治理
這是近約10年對於corporate governance 的翻譯，它原指所有企業利害關係人的關係：The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy and rule of law.。

企業治理通常由董事會等的高階管理者負責。它牽涉到如何真正為股東等的好處着想而避免利益衝突等。

(以前談的「管理」是清朝小官階。「治理」談的是「統治管理。如：治理政務」或「治理河水」等.....)



“If we had to do it all over again, we would,” said Gene Fox, managing director of Cardinal Capital Management, a shareholder who has been suing Mr. Black and other directors for their poor governance. “It’s a matter of principle.”

--For Conrad Black, a Downfall Shaped by Many Battles
By RICHARD SIKLOS
Conrad Black’s rise and fall was marked by charm, indignation and opportunism.