An interview with Bernard Rethore, Emeritus Chairman, Flowserve Corporation, USA

Author: Kakabadse, Andrew

Source: The Journal of Management Development, Volume 26, Number 7, 2007 , pp. 700-707(8)

Publisher: Emerald Group Publishing Limited

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Abstract:

<B>Purpose</B> - The purpose of this paper is to capture a practitioner's view of board performance of US companies, especially under conditions of role duality. The paper also aims to ascertain the effects of USA governance regulation on US and international corporations. <B>Design/methodology/approach</B> - A qualitative interview case study. <B>Findings</B> - Sarbanes Oxley is unlikely to be repealed. Role duality is likely to continue. Emphasis is on ethical behaviour rather than structural board design in terms of determining the nature of high performing boards. <B>Research limitations/implications</B> - A single interview needs empirical study to test the findings. <B>Practical implications</B> - A clear outline of the key issues and challenges forcing USA board directors. The findings from the interview will benefit practitioners. <B>Originality/value</B> - This paper is totally original.

Keywords: Boards; Chief executives; Governance; United States of America

Document Type: Research article

DOI: http://dx.doi.org/10.1108/02621710710761315

Publication date: 2007-07-24

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