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Values conflicts and the board of directors

In: Research Handbook on Corporate Governance and Ethics

Author

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  • Cynthia E. Clark

Abstract

Boards of directors are increasingly faced with how to give voice to their values, especially when presented with certain ethical challenges, exacerbating the need for this type of board-level competence. While there may be numerous challenges unique to a single board, there are five key challenges that are central to achieving optimal board dynamics. In this chapter, I outline the values conflicts that may arise in (1) strategic planning and monitoring, (2) director independence and nomination, (3) cybersecurity and digital innovation, (4) CEO succession planning, and (5) executive compensation.

Suggested Citation

  • Cynthia E. Clark, 2023. "Values conflicts and the board of directors," Chapters, in: Till Talaulicar (ed.), Research Handbook on Corporate Governance and Ethics, chapter 12, pages 210-223, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20437_12
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    File URL: https://www.elgaronline.com/doi/10.4337/9781800880603.00022
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