Corporate Board articles from July 1996

Corporate Board archives from July 1996

The board as a change agent. (board of directors)(includes interview with author)
July 1, 1996... As we approach the 21st century, the importance of companies being able to adapt to change has become a well accepted truism. Organizations that learn and managers who are creative and innovative are the stuff of courses in MBA programs and...

Evaluating an invitation to join a board. (board of directors)
July 1, 1996... A Fortune 500 corporation approaches you to consider joining its board of directors. You are flattered and slightly pumped up. You know something about the industry and you may have heard about a couple of the members of the board. Still, you are...

Wealth creation as a "sin."
July 1, 1996... It is not yet clear how history will treat the economic and social developments of the 1980s. That decade saw the longest peacetime expansion in U.S. history with the nation's GNP nearly doubling from $2.7 trillion to $5.3 trillion. However,...

Fairness opinions and the board. (board of directors)(includes related article)
July 1, 1996... The issue of director liability first gained widespread attention during the frenzy of merger and acquisition activity in the 1980s. Then, and now, courts consistently have ruled that directors have a fiduciary obligation to assure that...

Inside vs. outside directors. (corporate directors)
July 1, 1996... In the 1990s, an avalanche of negative media attention has fallen on the corporate governance system. Corporate boards are in a state of crisis, critics say, and current problems with the system can only be remedied by boosting outside directors'...