Corporate Board articles from September 1998

Corporate Board archives from September 1998

Corporate governance and the power of ownership.
September 1, 1998... As co-founder of Kohlberg Kravis Roberts, the firm that revolutionized the leveraged buyout world, George Roberts has learned a thing or two about valuing a corporation. One of his most important rules: the board of directors can be crucial to...

Making your compensation committee effective.
September 1, 1998... With a tightening focus on how CEOs are paid, boards must assure that their compensation committees reflect current best practices. The role, membership, information flow, scope of oversight--and specific duties--have changed over the 1990s. Has...

Employment liability: from the courtroom to the proxy ballot. (includes related article on shareholder value)
September 1, 1998... Issues of employment discrimination can tear the modern corporation in conflicting directions. While major companies face multimillion dollar settlements and public image disasters, the SEC has allowed firms to keep employment issues off proxy...

Rethinking compliance practices.
September 1, 1998... As the corporate penalties for compliance failures have grown more severe, the need for close board oversight has increased. How should this compliance review be structured at the board level for top effectiveness? What are the benchmarks for a...

Board games: how CEOs adapt to increased board independence.
September 1, 1998... Greater board independence is a "given" of better governance, right? It allows the board to be more subjective and empowered in dealing with the CEO, setting and enforcing tougher performance standards. Or does it? The author's research finds...