Some relevant external trends on Corporate Governance practices

Based on A. de Kluyver (2009), the following external trends are noted that have impacts on Corporate Governance practices:

1. Rise of shareholder activism
2. Heightened expectations on Corporate Social Responsibility
3. More hostile takeovers
4. More involvement of Board of Directors in corporate crisis management

References

1. A.de. Kluyer, C. (2009) A Primer on Corporate Governance, Business Expert Press. [Chapter 9: Responding to external pressures and unforeseen events]
2. Hostile takeover (video): http://www.youtube.com/watch?v=lJ2XZn9sD2k