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Corporate Board back issues
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Building a fiduciary society.
July 1, 2009... While there is plenty of blame to go around for the past year's market meltdown, John Bogle, founder of The Vanguard Group, sees the crisis as inevitable given the short-term, fast-churning trading incentives of today's fund managers. A return to rewards, attitudes, and laws that encourage a...
Rethinking board composition.
July 1, 2009... Board recruitment has traditionally been what a board considers only when a member either retires or dies. Board succession planning typically never occurred at all. Yet the repeated failures of our corporate board model are compelling boards to take a strategic look at how they find new...
Barriers to CEO succession.
July 1, 2009... CEO turnover is rising as boards struggle to deal with restructuring and potential business failures. Many boards also face their own failure to insist on a sound, workable CEO succession plan. Both chief executives and boards tend to put off hard choices on succession, but there are several...
Scenario analysis for board risk management.
July 1, 2009... There is plenty of blame to go around for the past year's market meltdown, but one charge points directly at corporate boards--they failed to understand the risks firms were taking on. There are effective risk management techniques available to boards, beginning with sound scenario analysis....
Directors say executive pay programs need to change.(Compensation & Recruitment)
July 1, 2009... A majority of directors who serve on corporate boards believe that the executive pay programs of U.S. companies need to change as a result of the financial crisis, according to a survey by Watson Wyatt.
Nearly two-thirds (63 percent) of outside directors said they believe American...