Abstract
Although corporate governance has seldom been addressed in engineering management literature, it has an extremely critical role: The protection and creation of shareholder value by means of the appointment, development, and support of strong management. The intent of this research is to suggest some best practices regarding the modus operandi of the board of directors in relation to its interaction with the CEO and ability to obtain reliable and objective information outside of the senior management team. This study is done in light of the major metamorphoses that have taken place in corporations during the last 2 decades—mainly, the advent of shareholder activism. It applies to U.S. corporations that are already in existence or in the process of being formed. This research relies on 54 survey results and six structured interviews with individuals who have had significant experience in the corporate governance of U.S. civil engineering and diversified manufacturing companies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
