States that there are several recent developments in the area of corporate governance (CG) reform that highlight issues of board independence and CG “best practices”. Notes that CG reforms often focus on achieving board independence. Concludes, that ultimately, the performance of any board...

A close look at a number of studies reveals that equity compensation is not a prescription for performance.

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...

Purpose – Looks at attempts to avoid Sarbanes‐Oxley guidelines over past few years. It has been widely reported, for example, that the number of public companies announcing their intention to privatize has increased 30 percent since the enactment of SOX. Some other companies will elect not...