Corporate Board articles from January 1997

Corporate Board archives from January 1997

On "Dunlapping" the board. (Albert Dunlap's policy on corporate board management)
January 1, 1997... Actually, a lot of people are quite happy with the status quo on boards and governance. Boards love all the perks. They don't want to have to buy stock, and they want to get paid even if the company does poorly. But I turn around and say "Wait a...

In search of the global board. (corporate board)
January 1, 1997... A few years back, a Dutch CEO allowed a rueful smile to cross his face as he confessed the governance sins of his company. "We pretend to have voting shares, but we don't really. The votes are actually cast at a dummy meeting with no legal...

When your company becomes insolvent.
January 1, 1997... Corporate directors face treacherous ground when their company tilts toward insolvency. Directors need guidelines to sort through the performance of their fiduciary duties in this danger zone. To whom do they owe their loyalty, and when does this...

The "balanced scorecard" as a board tool. (includes related article on application of this tool)
January 1, 1997... Corporate boards face greater expectations today than ever before, and three main factors appear to be responsible. * Institutional investors and other shareholder activists have put increasing pressure on boards to more closely monitor...

Beyond stock pay for directors. (corporate directors)
January 1, 1997... The role of the board of directors in corporate America has become much more important and complex over the last decade. In addition to the more traditional duties of governance, boards today assume a more hands-on advisory role, devising both...