A decade of corporate turmoil across the globe has called into question longstanding corporate governance practices and stimulated criticism of the status quo. Increasing regulation, a growing focus on social responsibility, and the proliferation of shareholder activism, among many other factors, are changing the role of directors in boardrooms worldwide. As this trend continues it is evident that corporate governance practices have implications beyond the boardroom, affecting not only the operation of critical financial services and the availability of goods and other services in the marketplace, but also macro-level issues like environmental sustainability and fair labor standards.
To address these issues, Salzburg Global Seminar held the session "Corporate Governance in the Global Economy: The Changing Role of Directors."
