Table of Contents

2 Editorial

3 From the President's Desk

5 The Modern Architects of Enlightenment - Moulding Corporate Citizens - Professor Nada K Kakabadse

11 Political Institution Building and Corporate Governance Reforms in Southeast Asia - Khai Leong Ho

15 Leading the Business Unusual - Approaches to Business Innovation and Transformation - The Role of Corporate Governance - Jane Fiona Cumming

21 Role of Insiders in Corporate Governance - Arif Khurshed, Susanne Espenlaub & Marc Goergen

25 Trusted Communication for Trusted Boards - Stephen M Ruckman

29 Embedding Ethics and Values in the Organisation's Culture in Investment Banking - John Reynolds

31 Differing Standards in Corporate Governance - Dr Madhav Mehra

34 News & Views

Iraq Survey Report Demolishes Bush and Blair's Case for War
Overhauling the Securities Market
US White Knights Eye Japan
Kofi Annan Declares Iraq War was Illegal
PM Sells Reforms in Big Apple
IBM Eyes 50% of China Market
S Korea Bans Kookmin CEO
Microsoft Fined in Brazil
Vioxx ups Heart Attach for Merck Risk
Alitalia is Tumbling
Sumitomo Bids $29 Billion for UFJ
Women in Business Facing the 'Glass Cliff"
Merck Faces Drug Suits
PeopleSoft ex-CEO Admits He Lied
Global Role Must for Clean Energy: UK
AIG Fears Fresh SEC Suits
Why Climate Change Could Mean Higher Insurance Premiums
Law Catches up on Kenneth and Martha
EU Tells Cos to Reveal Pay Policies
Scandent to Pay $110m for Majority Stake in Aon Arm
Shell Was Warned on Reserves in 2000
RBI blacklists PwC firms : India's Central bank called Reserve Bank of India
Spitzer blasts 'corrupt' insurers
UK business lobby loses fight or climbdown over audit committee reforms
Knock-down Yukos sale planned
Retail fees at risk from US row
Sarbanes-Oxley under attack
Watchdog set to take over from self regulation