In Transforming Governance the contributors, guided by Maria Aluchna and Gÿler Aras, address the current state, as well as the development of corporate governance and its perceived tasks and functions, in response to the changing market and regulatory environment. The book addresses the inefficiencies, scandals and crises as well as the significant shortcomings and current criticism of shareholder value, the forces which lead to the changing corporate governance paradigm, and corporate governance case studies within various organizational and institutional settings. The book's contributors comprise both researchers and business experts addressing both theoretical and practical dimensions.

1. Preface

2. Introduction

3. Corporate governance theories: a synthesis

4. Corporate governance failures: an international perspective

5. The need for a new paradigm for corporate governance

6. The evolution of corporate governance mechanisms in emerging economies: the case of Turkey

7. Corporate governance and new tasks of the board

8. Corporate governance and the growing role of women in the boardroom

9. Family business governance: a review of the first experiences of Polish family firms

10. Private equity governance

11. Key features of the Russian model of corporate governance

12. Conclusion

Maria Aluchna is an associate professor at the Department of Management Theory, Warsaw School of Economics, Poland. She specializes in corporate governance, strategic management and corporate social responsibility. She teaches 'Corporate governance', 'Transition in Central and Eastern Europe' and 'Strategic management'. She was awarded the Deutscher Akademischer Austauchdienst (DAAD, 2001/2002) scholarship for a research stay at Universitÿt Passau and the Polish-American Fulbright Commission scholarship at Columbia University (2002/2003). Gÿler Aras is a professor of Finance and Accounting at Yildiz Technical University, Istanbul, Turkey, and a Visiting Professor at Georgetown University McDonough School of Business. She is the founding director of the Center for Finance, Governance and Sustainability (CFGS) at YTU. She is the former Dean of the Faculty of Administrative and Economic Sciences and of the Graduate School. Her research focus is on financial economy and financial markets with particular emphasis on the relationship between sustainability, corporate governance, corporate social responsibility, and corporate financial performance. Professor Aras has published more than 20 books and has contributed over 250 articles to academic, business and professional journals and edited several book collections. Her most recent book, titled Sustainable Markets for Sustainable Business: A Global Perspective for Business and Financial Markets, was published by Gower in 2015.