Dalton, Catherine M.; Dalton, Dan R. - In: Journal of Business Strategy 26 (2005) 1, pp. 8-9
Purpose – Looks at the current structure of boards where the CEO fills all leadership roles. Benefit is in having a single voice. Disadvantage is having CEO self‐monitor. Findings – A lead independent director (LID) can crate an effective system of corporate governance. The LID is chosen...