Effective business governance

Abstract

With the recent failures of major U.S. corporations and financial institutions, it is worthwhile to examine the contribution that neglect within corporate oversight may have made to such failures. It is also important to understand that the components of properly applied corporate governance relate directly to an effective business enterprise. Executive leadership must ensure that the integration and execution of independent, authoritative, and moral governance are active and effective. Finally, leaders must lead with integrity. © 2011 American Society of Civil Engineers.