Effective Corporate Governance is a manifesto for building highly effective Boards and corporations by balancing power, performance and profits with integrity, transparency, accountability and reform in private and public sectors. The book is the first publication on corporate governance from an emerging market perspective and is written specifically for the edification and continued development of company directors, chairmen, CEOs, CFOs, Internal Auditors, COOs, Legal Counsels, Company Secretaries, Head of Audit, Risk Management and Compliance, Bankers Financial Regulators, Policymakers, Management Consultants, Professors and students of Business, Finance, government, accounting, law, public policy, journalists and entrepreneurs. It addresses Corporate Governance Concepts, History, Development and Trends, Post Enron Developments, Reforming Corporate Governance Systems, Internal Control & Reporting, Case Studies on Good and Bad Corporate Governance, Role and Duties of Directors and Senior Officers, Critical Functions of an Effective Board, 21st Century Competencies of a Good Director, Selecting Chairman and Directors of State-owned Boards, Non-Executive versus Independent Directors, Board Composition, Monitoring and Evaluation, Compensation and Succession Planning, Role of Audit and other Sub-committees, Director Selection and Indoctrination and Improving Corporate and Political Governance.