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Creating shareholder value for mutual fund shareholders.
January 1, 1999... The past decade has seen a revolution in how we view the board's role in creating shareholder value. John Bogle, founder of The Vanguard Group, has been at the center of this crusade for improved value. Bogle also issues a challenge to the fund...
Why not director accreditation?
January 1, 1999... On a daily basis, we place our trust in people - from attorneys, to airline pilots, to the person who cuts our hair - who must hold licenses to perform their jobs. Yet those elected as directors of our biggest public corporations require no...
Disclosure: walking the tightrope.(corporate disclosure)
January 1, 1999... When is public disclosure of corporate information not public disclosure? When it is shared only among your "friendliest" corporate analysts. However, legal liability for improper disclosure is showing up in other new areas as well. It turns...
Global stock ownership plans.
January 1, 1999... Company stock ownership has proven such a powerful incentive for executives in the U.S. that boards and CEOs are expanding the programs to overseas offices. However, too little effort is being given to shaping programs that meet the unique...
The evolving role of the chief executive officer.
January 1, 1999... Sharp changes in how corporations are structured, the scope of leadership skills required, and the pace of change will compel a new definition of the CEO's role. Terms like "autocratic," "remote," and "reactive" suited the old CEO. A new...