BOOK REVIEW “INSIDE THE BOARDROOM: HOW BEHAVIOR TRUMPS RATIONALITY
by Dr. Narend. S, Chairperson Accounting & Finance, TSM.
An extremely useful book that delves into the complexities of corporate governance. Corporate governance is becoming an increasingly important aspect of corporate strategies and good governance encourages well-managed and accountable decision-making at various levels of business. The narrative is taut and replete with adequate examples on practical issues and conundrums that influence decision making in the corporate world. The book dwells on the board dynamics, the biases, the mantras to be followed by CEOs and directors, how power manifests itself in the boardroom and the key ingredients of leadership among others. This book cleverly intertwines both academic findings and practical corporate incidences which would definitely be insightful for the board members. This book would also be immensely useful for everyone involved in board dynamics and corporate governance in their effective decision-making processes, practices, and policies. A must-read book for practitioners and academicians interested in corporate governance and board dynamics.
