Board Directors, Financial Derivatives, and Corporate Governance: The Case of Vietnam

This book gives readers a look inside the boardrooms and directors' mindsa desirable but highly challenging task for researchers due to the lack of access to top teams in organizations. This book breaks through that barrier with a mixed-methods investigation of boardrooms in the emerging country of Vietnam particularly on the topic of financial derivatives. Directors are the leading players within the corporate governance framework. The general effectiveness of the board depends on their roles, processes and competencies. Given the scandals marring the history of the financial industry, this book aims to tackle the question of whether board directors have the financial acumen required to handle the tricky instruments of financial derivatives through interviews with board directors and analysis of their organizations. Providing a managerial perspective of financial derivatives, this distinguishes itself from more popular financial engineering books and would be a useful read for government officials, board directors, training organizations and scholars, particularly in Vietnam.

Provides a comprehensive summary of corporate governance history and related theories Includes insights from board directors, the hardest-to-access source in corporate governance Takes a unique managerial look at financial derivatives with concrete examples

Autorentext

Tran Thi Hong Lien completed her Ph.D. at Murdoch University (Australia) on the field of corporate governance. She has years of experience in corporate training and consulting for medium to large private companies and public organizations, in leadership, corporate culture, corporate design and strategic management. Currently, she is the vice dean of Faculty of Business Administration, University of Economics and Law, Vietnam National University, Ho Chi Minh City. She started corporate governance research in 2009 and has published in both English and Vietnamese on the topic. Her research is on the relationship between corporate governance and firm performance, with empirical evidence from listed companies in Vietnam and the ASEAN region.

Klappentext

This book gives readers a look inside the boardrooms and directors' minds-a desirable but highly challenging task for researchers due to the lack of access to top teams in organizations. This book breaks through that barrier with a mixed-methods investigation of boardrooms in the emerging country of Vietnam particularly on the topic of financial derivatives. Directors are the leading players within the corporate governance framework. The general effectiveness of the board depends on their roles, processes and competencies. Given the scandals marring the history of the financial industry, this book aims to tackle the question of whether board directors have the financial acumen required to handle the tricky instruments of financial derivatives through interviews with board directors and analysis of their organizations. Providing a managerial perspective of financial derivatives, this distinguishes itself from more popular financial engineering books and would be a useful read for government officials, board directors, training organizations and scholars, particularly in Vietnam.

Inhalt

Corporate Governance: A Brief History.- Board Directors.- Financial Derivatives: Generals, Board Roles and Scandals.- Methodology.- A Big Picture of Directors' Understanding of Financial Derivatives in Vietnam.- Directors' Perspectives of the Big Picture.- Ways Forward: Corporate Governance Policies.- Conclusion.