Corporate Board articles from September 1999

Corporate Board archives from September 1999

Global governance: the OECD blueprint.(corporate governance)
September 1, 1999... Modern economies rely on corporations to create jobs, generate wealth and, increasingly, to manage our savings and secure our retirement income. Amid growing reliance worldwide on the private sector, the issue of corporate governance has...

Global governance: how nations compare.
September 1, 1999... Ten years ago in Amsterdam, the chief executive officer of a Dutch company confessed the governance sins of his firm: "We pretend to have voting shares, but we don't really. The votes are actually cast at a dummy meeting with no legal authority...

The role of the institutional investor.
September 1, 1999... At the 1995 annual shareholder's meeting of Stone & Webster, it had come to the election of the directors when I raised my hand to ask a question. "Before I decide how to vote my proxy, I need to ask each of the directors who is running for...

What are long-term options worth?(stock options)
September 1, 1999... Over the course of the 1990s, many companies have awarded stock options based on the estimated value of the options, as determined by the Black-Scholes formula. Black-Scholes is a complex formula, which was originally developed to estimate the...

Using advisory boards.
September 1, 1999... An effective corporate board is a powerful business tool. However, it has its limits if the company needs specific insights, a short-term commitment, or limited liabilities. Consider adding a short-term "advisory board" for those situations. It...