Corporate Board articles from July 2000

Corporate Board archives from July 2000

Re-Engineering The Board.
July 1, 2000... The new century sees business trends of the last few years making their way into the boardroom. Governance issues such as diversity, globalism, mergers and technology are reshaping boards. Henry Wendt believes these governance trends offer...

Using Your Board's "Relationship Capital".
July 1, 2000... The board's role as corporate overseer, mentor and shareholder representative is well known. However, one of the most powerful board roles, though too little used, is as the company's extended "network." By tapping into their outside contacts,...

The Changing Rules Of Takeover Defense.
July 1, 2000... The legal game of how a board can (and cannot) defend the company from a hostile takeover is one of ever-shifting rules and high stakes. Two current decisions by the Delaware Chancery Court would seem to say that some popular defenses against...

Your New CEO: The Transition Period.
July 1, 2000... The new chief executive faces enormous challenges, but one of these should not be second-guessing from the boardroom. The board's relationship with the departing chief, the board governance structure, and the new CEO's initial "breaking in"...

E-Business Pay Issues For Directors.
July 1, 2000... E-businesses have created new and different business models, and launched an economic revolution. Their top executive pay also demands fresh thinking of the board. Whether yours is an e-commerce start-up, or a new online effort by a parent...

Most companies pay their auditors for consulting too.(Brief Article)(Statistical Data Included)
July 1, 2000... Responding to concerns expressed by SEC Chairman Arthur Levitt about the importance of safeguarding the independence of the accounting profession, Financial Executives Institute (FEI) has announced that 85 percent of companies it surveyed pay...

Utility boards see need for improvement.(Brief Article)(Statistical Data Included)(Polling Data)
July 1, 2000... A survey of the chief executives and directors of the largest U.S. public utility companies found a resounding 98 percent felt that their boards must be strengthened in order to deal with the increased competition and consolidation of today's...

Top executive talent is becoming harder to lure and retain.(Brief Article)
July 1, 2000... Because of the booming economy, opportunities for high level executives, who can make a difference in a company, s bottom line, abound. These high-level people, more than ever before, want to feel that they are being properly compensated for...

CEO pay continues to climb, driven by equity ownership.(Brief Article)(Statistical Data Included)
July 1, 2000... CEO compensation continued to boom in 1999, driven increasingly by stock options and other long-term incentives, which now represent nearly two-thirds of the median pay package. Total direct pay (salary and bonus, plus long-term incentive...

Will the new international anti-bribery standards effect your company?(Brief Article)
July 1, 2000... For the first time, most of the world's industrialized nations have outlawed the bribery of officials of foreign governments. A client memo from Law firm Fried Frank Harris Shriver & Jacobson notes that 20 members of the Organization for...

Large investors like to see at least one internet executive on boards.(Brief Article)
July 1, 2000... In yet another sign of the Internet's impact on the global economy, institutional investors now say that a corporate board should have at least one executive drawn from the Internet or technology arenas among its directors--regardless of the...

Proxy efforts by TIAA-CREF concentrate on governance.(Brief Article)
July 1, 2000... TIAA-CREF, a leading institutional investor, announced important successes this proxy season in its efforts to increase board independence at corporations and to eliminate "dead-hand" provisions of poison pills. Here is a status report with...

Executives believe e-commerce revenues will triple in two years.(Brief Article)
July 1, 2000... Results from a Towers Perrin survey forecast a two-year tripling of e-commerce revenues. The survey findings from executives in over 300 traditional companies also indicate that large-scale shifts can be expected in use of strategic alliances,...

The Book of Management Wisdom.(Brief Article)
July 1, 2000... The Book of Management Wisdom Edited by Peter Krass. John Wiley & Sons. $29.95. This handy Bible of business wisdom offers a century of snippets from some of our greatest corporate doers and thinkers, everyone from Andrew Carnegie to Michael...

How to Become an Employer of Choice.(Brief Article)
July 1, 2000... How to Become an Employer of Choice By Roger E. Herman and Joyce L. Gioia. Oakhill Press. $30. For the first time in decades, America faces a genuine labor shortage. By offering recruitment wisdom (and, admittedly, some management cliches), the...

Improving Corporate Boards, The Boardroom INSIDER Guidebook.(Brief Article)
July 1, 2000... Improving Corporate Boards, The Boardroom INSIDER Guidebook By Ralph D. Ward. John Wiley & Sons. $39.95. A collection of practical tips on how to run boards more effectively, and be a better director. Includes a CD-ROM of boardroom checklists.

Ten years ago in The Corporate Board.(Brief Article)
July 1, 2000... To operate effectively, a board relies on the combined knowledge, wisdom and dedication of its membership. More than ever before, it needs to ensure that the necessary capabilities, disciplines, breadth of knowledge and proper perspectives are...

Five years ago in The Corporate Board.(Brief Article)
July 1, 2000... Courts are inclined to respect board decisions made through a process that bespeaks integrity. Courts seek these signs of integrity, careful attention to duty, independence of judgment and appropriate motivation when they review the actions of...

Conversations.(Brief Article)(Interview)
July 1, 2000... Charles Elson: Putting Governance To Work In Delaware Corporate governance activism and research, and the workaday world of making boardroom oversight effective, used to be far apart. A pioneer in bridging this gap between theory and...