Corporate Governance: Principles, Policies and Practices enables students to understand the major aspects of corporate governance and appreciate the nature, functions and realities of boards of directors and other governing bodies. Taking an international perspective, the author examines different models and theories of corporate governance and applies them in a real world context. Theoretical insights from economics, law, psychology and sociology and their influence on corporate governance are analysed at a level which is suitable for MBA and Masters students. The author has been examining governance issues for 30 years and is credited as being the person who coined the phrase "corporate governance" in 1984. This experience-led discussion and use of case studies ranging from Northern Rock to Lord Black lend a practical emphasis to this text