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| Author: | Horwood, C. |
| Title: | Board stupid |
| Journal: | Euromoney
2008 : FEB, VOL. 39:466, p. 74-79 |
| Index terms: | board of directors management banking |
| Language: | eng |
| Abstract: | This Cover story article deals with the global banking industry facing its biggest challenge in decades. In just six months, hundreds of billions of dollars have been written down and wiped off its market value. Shareholders looking to independent directors to support their interests and to avoid the same mistakes happening again are likely to be disappointed, though. The composition of many banks' boards of directors means that they simply are not qualified for the task. |
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