This book focuses on the USA. It has a more thorough and better coverage than Christine Mallin's 'Corporate Governance' and Jill Solomon's 'Corporate Governance and Accountability', but it is aimed mainly at practitioners. The book's main advantage is the extensive list of case studies. Its main disadvantage is the lack of thorough academic grounding.
Some subjects lend themselves to a rigid and highly structured approach. Corporate finance is a case in point. Other subjects like corporate governance require a much more qualitative approach to the subject. Thats how this book approaches and its filled with lots of case history from over the years to the present day that illustrate the problems in managing the agency conflict that lies at the heart of this field.
I bought this book whilst undertaking an MBA module in corporate governance, mainly for the case studies (contained in chapter 7 of the earlier editions). Disappointingly this chapter is now on line (on Wiley's website, Wiley.com), allowing regular updates to the newer case studies, but tying the reader to a PC or a tablet in order to access them (hence 4 stars rather than 5). Overall however, the book provides excellent coverage of the governance issues, supported by numerous real life business case studies.