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3) bridging the expertise chasm between Managers and Directors. Those are all long-standing issues, what makes Beatty …
Persistent link: https://www.econbiz.de/10012556222
The level of shareholders' expertise and experience needs to be questioned as they wield greater clout and become more deeply involved in strategic issues that should be the board's purview. This misdirected involvement distracts shareholders from their principal and most important role:...
Persistent link: https://www.econbiz.de/10012556162
The structures, institutions, and legal framework of corporate governance are developed and administered by individuals whose behaviors are shaped by cultural and personal concepts of hope, ambition, greed, fear, uncertainty, and hubris, as well as by the social ethos. A problem arises when...
Persistent link: https://www.econbiz.de/10012556165
The foundation of good corporate governance is the intellectual honesty of directors and senior management. This intellectual honesty is expressed by acting in the best interests of the incapacitated company. The company, on formation, is a person, but it is absolutely incapacitated until its...
Persistent link: https://www.econbiz.de/10012556193
Corporate governance in the media faces an intractable problem. There is an important public interest in the integrity of news, which is the lifeblood of an open society. Yet the shareholder value model of governance offers no guarantee that the integrity of news will be protected. Indeed,...
Persistent link: https://www.econbiz.de/10012556255
The recent wave of US corporate governance failures prompted a round of legal and regulatory reform which has attracted …
Persistent link: https://www.econbiz.de/10012556281