board collegiality

Tuesday, April 26, 2011

Directors: Like parsley on fish

Some reflections after reading What's a Director to Do?  By Joseph Fuller and Michael C. Jensen. The emergence of the CEO as autocrat has reduced the position of boards of directors to "parsley on fish."  If a different system is desired, boards will have to change in virtually all… April 26, 2011 | accountability , fiduciary duty , board collegiality , directors , independent directors

Tuesday, April 12, 2011

The Appearance of Reality: Independence

This is the third post in my effort to clarify corporate governance terms that now seem misleading to me. We all know what these words mean in a literal sense but in the context of governance, of business and of our post-crash world do they still mean the same… April 12, 2011 | independent directors , corporate governance , board collegiality , accountability , CEO power , Disinformation