In Transforming Governance the contributors, guided by Maria Aluchna and Güler 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.