A sturdy framework -- Making of a governance revolution -- Board basics -- Dealing with your liability up front -- Minding the numbers : the audit committee -- How much is fair? : the compensation committee -- Keeping it clean: the corporate governance/nominating committee -- Other committees to...

Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...