Outsourcing the Board Bainbridge Henderson Paperback Cambridge University Press

Outsourcing the BoardHow Board Service Providers Can Improve Corporate Governance\nAuthor(s): Stephen M. Bainbridge, M. Todd Henderson\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781316645123, 978-1316645123\nSynopsis\nIn this groundbreaking work, Stephen M. Bainbridge and M. Todd Henderson change the conversation about corporate governance by examining the origins, roles, and performance of boards with a simple question in mind: why does the law require governance to be delivered through individual board members? While tracing the development of boards from quasi-political bodies through the current 'monitoring' role, the authors find the reasons for this requirement to be wanting. Instead, they propose that corporations be permitted to hire other business associations - known as 'Board Service Providers' or BSPs - to provide governance services. Just as corporations hire law firms, accounting firms, and c.