Corporate Governance Best Practices: Strategies for Public, Private, and Not-for-Profit Organizations

Good corporate governance helps to prevent corporate scandals, fraud, and potential civil and criminal liability from affecting your organization. With the increased scrutiny and attention to corporate governance matters in today's environment, every employee in an organization has a stake in the governance process, especially those responsible for auditing policies and procedures. Corporate Governance Best Practices is an easy-to-use handbook that outlines best practices for not only public companies but also for private and not-for-profit organizations.

Author and renowned corporate governance expert Frederick Lipman provides a comprehensive guide to the best practices for all organizations, with pragmatic insights and proactive strategies to educate them in all aspects of corporate governance. Every chapter includes case studies profiling examples of best practices in all kinds of companies—public, not-for-profit, and private—and analyzes the historic mistakes made by companies such as Enron and WorldCom to explore where these once successful companies went wrong. L. Keith Lipman, an expert on information technology, provides the IT department of every organization with best corporate governance practices in the areas of IT content and security, and a checklist of questions for every board of directors to ask its IT department.

Useful for boards of directors, high-level executives, IT professionals, and both internal and independent auditors, this valuable reference handbook is the only book in the area of corporate governance that provides a detailed analysis of this critical area with essential information on:

• How to monitor and change the corporate culture
• The responsibilities of public company audit committees
• The best practices for boards of not-for-profit organizations
• Corporate governance practices for family-owned businesses

Corporate Governance Best Practices provides a wealth of resources, including the NASDAQ and NYSE stock market corporate governance guidelines, auditor independence rules, a summary of the Sarbanes-Oxley Act of 2002, disclosure rules for audit committees, and much more.