Saturday, January 3, 2009

Compliance and Conviction or Modern Latin American Revolutions

Compliance and Conviction: The Evolution of Enlightened Corporate Governance

Author: Curtis J J Crawford

The corporate failures of the first decade of the 21st century and the repercussions of these failures, including the Sarbanes-Oxley Act of 2002, certainly have intensified focus on corporate governance. Unfortunately, like for most calls to action, fear was the primary driver, and both stakeholders and corporations sought compliance with the new regulations designed to restore confidence to shareholders. Now that the trepidation has subsided and the financial performances of Corporate America again have reached a reasonably steady state of appreciation, corporate stakeholders are likely to turn their attention to other, more pressing, issues. Many great achievements have flowed from accidental breakthroughs, and many others have been motivated by some kind of fear. Good corporate governance, however, should not be left to chance. Serendipity is a poor surrogate for strategy and never should be considered a foundation for building long-term shareholder value. Nor should corporate governance be driven by fear. In Compliance and Conviction, Dr. Crawford suggests that corporate boards use enlightened corporate governance as a touchstone for delivering sustainable long-term shareholder value.

Corporate directors must remain vigilant in the pursuit of increasing long-term shareholder value and stakeholder appreciation. As the heightened awareness of, and interest in, the Sarbanes-Oxley Act of 2002 begins to wane, corporate boards must strive to maintain a deliberate focus on compliance and demonstrate a strong conviction for business success. We all have a vested interest in the continued evolution of the governance of the American corporation.

What People Are Saying

Anne Fisher
"This thoughtful, well-written book is an indispensable resource for participants in the current debate over corporate governance. Most importantly, it makes clear the risk of ineffective boardroom leadership, fascinating."--(Anne Fisher, Senior Writer, Fortune Magazine)


Charles O. Holliday
"Curt Crawford provides an insider perspective emphasizing the need for collaboration between the board and the CEO that is paramount in developing a highly enlightened board of directors. Based on his 30 years of corporate experience, including two decades in the boardroom, his persuasive message is the foundation for building long-term shareowner value."--(Charles O. Holliday, Jr., Chairman & CEO, E.I. DuPont de Nemours & Co.)


Sidney Taurel
"Compliance & Conviction delivers a comprehensive, yet forward-looking, analysis of many of the significant issues challenging corporate directors in the 21st century. Based on insightful research and a balanced point of view, the book is both provocative and encouraging."--(Sidney Taurel, Chairman & CEO, Eli Lilly & Co.)


Roger M. Kenny
"The author delivers a captivating message, with a refreshing attitude that encourages our resolve to go beyond compliance. Offering a relevant and timely message, Compliance &Conviction is a valuable addition to the advancement in the study of corporate governance."--(Roger M. Kenny, Managing Partner, Boardroom Consultants)




Read also Bitter Sweet or Lobster Roll

Modern Latin American Revolutions, Vol. 2

Author: Eric Selbin

In contrast to previous studies that have centered on the institutionalization of revolution in Latin America and the Caribbean, Modern Latin American Revolutions, Second Edition, introduces the concept of consolidation of the revolutionary process—the efforts of revolutionary leaders to transform society and the acceptance by a significant majority of the population of the core of the social revolutionary project. As a result, the spotlight is on people, not structures, and transformation, not simply revolutionary transition.The second edition of this acclaimed book has been revised to include new information on the cases of Bolivia, Cuba, Nicaragua, and Grenada, assessing the extent to which each revolution was both institutionalized and consolidated. This edition also boasts expanded coverage on Ché Guevara’s visionary leadership and an all-new section that addresses the future of revolution in Latin America and the Caribbean. Dr. Selbin argues that there is a strong link between organizational leadership and the institutionalization process on the one hand, and visionary leadership and the consolidation process on the other. Particular attention is given to the ongoing revolutionary process in Nicaragua, with an emphasis on the implications and ramifications of the 1990 electoral process. A final chapter includes brief analyses of the still unfolding revolutionary processes in El Salvador and Peru.

Booknews

Selbin (Southwestern U.) updates the 1993 edition with more recent revolutionary paths in the Caribbean and Latin America, especially Nicaragua. A strong correlation is posited between organizational leadership/the institutionalization process and visionary leadership (e.g. Che Guevara's)/the consolidation process. Annotation c. Book News, Inc., Portland, OR (booknews.com)



Table of Contents:
Acknowledgments to the Second Edition
Acknowledgments to the First Edition
1Social Revolution and the Role of the Individual1
2Social Revolutionary Paths: Bolivia, Cuba, Nicaragua, and Grenada30
3Social Revolutionary Leadership: Ideology and Strategy66
4Making the Revolution Reality: The Nicaraguan Revolution, 1979-199092
5Bringing People Back In: A New Vocabulary for Exploring Revolutionary Processes126
Epilogue: The Future of Revolution in Latin America and the Caribbean - Canon and Revision141
Notes149
List of Acronyms222
Index225

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