Book review

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wnfzvarm1996

Business Finance

Description

De Kluyver, Cornelis A. A Primer on Corporate Governance, 2nd Ed. Business Expert Press, 2013. ISBN: 9781606496909

Central theme identify authors main lesson/argument what is the author teaching us

Critical analysis evaluate the lesson/argument strengths/weaknesses considering pointing to a frame of reference in yourown life or your training in the subject

Main takeaways so what and now what? How do we best apply the knowledge from this book? Essentially, why does this study matter?


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Book review: De Kluyver, C. A. A Primer on Corporate Governance, 2nd Ed. Business Expert
Press, 2013. ISBN: 9781606496909
Corporate governance is the system by which companies are directed and controlled. De
Kluyver’s book focuses on corporate governance in large, pubic held companies. His main point
of concern is the distinction of the various roles and responsibilities that CEO’s, boards,
investors, managers and other stakeholders in the running of corporate companies. The author
also focuses on the rules and regulations that govern the operation of corporate companies with
regards to the rights and responsibility of each of the participants in the corporations. De kluyver
also stipulates the procedures that corporations ought to emulate in decision making and he goes
highlight the significance of the participants in the corporations to encourage consultations
before arriving at the various corporate decisions. This book also highlights the importance of
the existence of a good relationship between participants in corporations.
Evaluation
Strengths
The author’s argument that there is need to be precise and clear strategies, rules and
regulations is justified as it will ensure a well-structured and organized for of corporate

Surname 2

governance. This will ensure that all participants in the corporations work as per these set rules
and regulations so as to ensure understanding and proper organization that will lead to the
corporations achieving their set goals and objectives. Rules and regulations also ensure that there
is no overlap of roles in the engagement of the various activities in the corporations. A set of
rules and regulations also ensures that the corporations goals and objectives are met.
A distinction of the various roles and responsibilities to be undertaken by the various
stakeholders and shareholders appears to be another strength of this piece of art. This distinction
enables each participant to understand the specific roles they are assigned to so as to make work
easier and enable efficiency in organization. The author stipulates that corporate governance
functions well when there is a precise and clear distinction of roles and responsibilities this helps
create a harmonious corporate environment.
One other strength of the fact that it advocates for consultation when it comes to decision
making in corporate governance. This is a good idea that the author brings to light as it helps to
make and formulate decisions that are not only cognizant of the individual rights and needs of
the participants in the corporations but also decisions that are well formulated and would lead to
the success of th...


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