The Governance Advantage introduces the Governance Lifecycle Framework - a five-stage model that maps how boards evolve from Founder Supremacy through Compliance, Performance, and Stakeholder Governance to Regenerative Governance.
Drawing on twenty-five companies across six industries and three decades - Intel, AMD, and Nvidia; Apple, Nokia, and Sony; Microsoft, Boeing, and Wells Fargo; WeWork, BYD, and Samsung among them - the book demonstrates that governance stage predicts corporate outcomes with a consistency that strategy, talent, and resources alone cannot explain. Four transmission mechanisms connect boardroom decisions to organisational performance: leadership selection, decision-making processes, resource allocation logic, and cultural transmission.
Written for boards, senior executives, and governance scholars, this book is especially urgent for Asian corporations navigating global competition. A vital resource to governance scholars and doctoral students, it will be of interest to MBA and executive education programs that aim to go beyond discussions of agency theory and compliance.
Autorentext
Michael Z. F. Li is Associate Professor with tenure at Nanyang Business School, Nanyang Technological University (NTU), Singapore.