Company in distress? : Directors needn't be - mitigating risks at the Board (English)

Investors see value in nominating members to the boards of companies they have invested in. Through board members, they can help improve the company's operations, define corporate strategy, adjust inefficiencies, improve governance, and ultimately increase the expected return on their investment. The authors examine the shift in the relative position of stakeholders when a company enters the penumbra of insolvency. In good times, directors rightly...

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Author

Miller,Kalina Boyanova;

Rechden,Claudio N.;
Document Date
2015/01/29
Document Type
Brief
Report Number
95381
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2015/04/01
Disclosure Status
Disclosed
Doc Name
Company in distress? : Directors needn't be - mitigating risks at the Board
Keywords
fiduciary duty of director

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Citation

Miller,Kalina Boyanova; Rechden,Claudio N..

Company in distress? : Directors needn't be - mitigating risks at the Board (English). Private Sector Opinion ; no. 35 Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/167701468328788969

Company in distress? : Directors needn't be - mitigating risks at the Board (English)

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