How should corporations be run? Who should get a say and what results can we expect? Hard Lessons in Corporate Governance provides an accessible introduction to the various failed attempts at using corporate governance to improve society. It introduces the record of these failures and illuminates hard lessons spread across thousands of empirical studies. If we look at the outcomes generated by various corporate governance ''best''; practices we find that none of the practices work. If we look at the theories and assumptions that support modern corporate governance we find they are likely wrong. And if we look at the prospect of corporate governance to improve political environmental and social outcomes we find ample evidence that governance will fail us here too. After documenting these failures Bryce Tingle KC turns to the most important lesson: how to fix this important but broken system.
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