| Tekijä: | Patton, A. Baker, J. C. |
| Otsikko: | Why won't directors rock the boat? |
| Lehti: | Harvard Business Review
1987 : NOV-DEC, VOL. 65:6, p. 10-12, 16, 18 |
| Asiasana: | BOARD OF DIRECTORS |
| Kieli: | eng |
| Tiivistelmä: | Boards of directors are described as targets of criticism from stockholders and the press. Reasons are analyzed. Boards are liable for the inability of many large U. S. companies to compete in world markets. Data are presented about recent changes and the present situation in the structure of boards. The relationship between the CEO and the board members is outlined. The most important trends are summarized. The composition changed dramatically. The role of outsiders and insiders is compared. Most directors aren't owners, they are overpaid employees. Ways to correct the problems are discussed. Long term success of the enterprise is the most important indicators of the board's effectiveness. |
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