The Handbook of International Corporate Governance : A Definitive Guide

A well-established corporate governance framework should ensure that corporate boards effectively monitor managerial performance and achieve an equitable return for shareholders – reinforcing the values of fairness, transparency, accountability and responsibility. But new legislation – notably the Sarbanes-Oxley Act in the US, and the UK’s Companies Act – means new duties and benchmarks for directors and senior managers, particularly for those with cross-jurisdictional responsibilities.