Contents -- List of figures -- List of tables -- Introduction -- 01 The need for trust -- Introduction -- Is trade free? -- A wider moral imperative? -- The history of the company -- Limited liability -- Ownership and control -- Moral hazard -- Shareholder objectives -- Institutional investors -- Institutional investor organizations -- Fiduciary capitalism -- Agency theory -- Agency costs -- Stakeholder theory -- The power of modern management -- The public sector -- 02 Corporate culture -- Introduction -- What is 'corporate culture'? -- Visible aspects of culture -- Sociability versus solidarity -- Sub-cultures and counter-cultures -- Organizational climate -- Corporate morality -- Tone at the top -- Ethics in the workplace -- Corporate culture -- The public sector -- Ethics in the public sector -- 03 Ethical behaviour -- Introduction -- Ethical theories -- Aspirations and attitudes -- Individuals in organizations -- Motivation and the role of corporate culture -- Socialization -- Group attractiveness -- Socialization techniques -- Groupthink -- Identifying groupthink -- Rationalizing unethical behaviour -- Dysfunctional acts by individuals -- Preventing unethical behaviour and the role of management -- Ethics and the HR department -- Whistleblowing -- Bribery Act 2010 -- 04 Principles of corporate governance -- Introduction -- History and background of corporate governance -- The link between corporate governance and ethics -- Definition of corporate governance -- Reports that have been produced in relation to corporate governance issues -- Key concepts and principles -- The relative merits of a framework approach to corporate governance versus a regulatory approach -- The role of the audit function -- 05 The role of the senior executives/board -- Introduction -- The responsibilities of directors/senior executives.

The importance of ethical behaviour for senior management -- The structures of controlling boards -- Alternative board structures -- The role of the chair -- The role of the CEO -- The role of non-executive directors and the importance of their independence -- The need for and structure of sub-committees -- 06 Assessing performance and remuneration of directors and senior executives -- Introduction -- Assessing the effectiveness of directors -- Goals and objectives -- Performance evaluation -- Corporate governance and directors' pay -- Greenbury and the remuneration committee -- Accounting requirements -- Non-audited information -- Audited information -- Executive pay: revolt of the shareholders -- Excessive rewards and shareholder rights -- International pay and reward systems -- 07 The audit function -- Introduction -- Auditing theory -- The development of the auditing profession -- The role of the external auditor -- Conflicts of interest -- Globalization -- Regulation of the audit profession -- Contrast rules-based and framework approaches to regulation -- Professional regulation and ethical codes -- Sarbox: the American way -- Is self-regulation good enough? -- Maxwell Communications Corporation -- Polly Peck -- TransTec -- The future of self-regulation -- The European Union and regulation -- The role of internal audit -- Independence -- The public sector -- The audit committee -- 08 Corporate governance and other stakeholders -- Introduction -- Definitions of stakeholders -- Guidance on stakeholder interests -- Internal corporate governance stakeholders -- External corporate governance stakeholders -- Institutional investors and corporate governance -- 09 Corporate Social Responsibility and its reporting -- Introduction -- The growth in importance of CSR reporting -- Definitions of Corporate Social Responsibility.

What is corporate governance? -- What is Corporate Social Responsibility and how does it link to corporate governance? -- Historical perspective of Corporate Social Responsibility -- The reality of Corporate Social Responsibility -- Getting to the bottom of the triple bottom line -- Auditors and Corporate Social Responsibility -- Social and environmental audits -- Social matters -- The European Union Eco-Management and Audit Scheme -- ICLEI - Local Governments for Sustainability -- Global Reporting Initiative: Sustainability Reporting Guidelines -- Ethical Trading Initiative -- 10 Corporate Social Responsibility, its measurement, theories and models -- Introduction -- Corporate Social Responsibility measurement -- Corporate Social Responsibility theories -- Corporate Social Responsibility models -- 11 Small companies, charities and other not-for-profit organizations -- Introduction -- Forms of organization -- Reporting -- Family-owned firms -- Charities and social enterprises -- The application of corporate governance to charities and small companies -- Corporate governance and growing businesses -- Problems with adopting corporate governance principles -- Institute of Directors' guidance -- Family councils and family assemblies -- The larger family business -- Governance and finance -- The relevance of Corporate Social Responsibility to smaller organizations -- 12 Emerging issues -- Index.