Corporate Board articles from September 2000

Corporate Board archives from September 2000

What Is An E-Board?
September 1, 2000... E-commerce has spawned its own style of governance--the "E-board." However, the E-board model has application beyond the frantic, start-up style of web-related companies. By treating the board as a carefully-selected, hands-on group of mentors,...

The Board And Effective Succession Planning.
September 1, 2000... The basic role of selecting the company's chief executive imposes significant responsibilities on directors. Unless the board is able to take responsibility for CEO succession, implement a sound evaluation and grooming process, and make it part...

Board Oversight: Becoming An "Employer Of Choice".
September 1, 2000... New courtroom precedents have made effective employee reporting systems for legal and job concerns a must for effective monitoring. However, the author notes that strong feedback programs can do more than defuse legal disasters--they can help...

Behind Boardroom Doors: Q & A.
September 1, 2000... While governance writing tends to concentrate on such "big issues" as board independence and shareholder value, the "little issues" of how directors actually work together are just as vital. Miscommunications, politics, grudges and ego all...

"Hyper-Growth" Governance.
September 1, 2000... As major corporations launch joint ventures and their own internal "start-ups," they again face governance and management issues which they outgrew years earlier. "Hyper-growth" ventures demand a rather different set of governance...

New website will offer guidance for accountants worldwide.(Brief Article)
September 1, 2000... The International Federation of Accountants (IFAC) has launched its new Web site (http://www.ifac.org) making all of its international guidance available for the first time through the Internet. In addition, the site features online "Accountant...

"New" economy boards look a lot like "old" economy hoards.(Brief Article)
September 1, 2000... The boardrooms of new economy companies are replaying the corporate governance performance of old economy corporate America, according to a report by Korn/Ferry International. "Basically, e-businesses are at Stage One of corporate...

Stock incentives have reached a record high.(Brief Article)
September 1, 2000... Propelled by unprecedented competition, e-commerce companies, and an exceptionally tight labor market, the nation's largest corporations have set aside a record 13.7 percent of equity for employee stock incentives. Setting another record,...

CEOs are getting younger--but have shorter tenures.(Brief Article)
September 1, 2000... As more major companies take a chance on youthful chief executives, there is evidence that these younger CEOs may be less able to take the heat from investors who demand favorable results quarter by quarter. Chief executives in their 40s...

Global companies face new pressures from activist investors.(Brief Article)(Statistical Data Included)
September 1, 2000... Companies in France, Germany and Japan are increasingly dependent on open market equity for financing their expansion--like companies in the U.S. and U.K. according to the latest issue of The Conference Board's Institutional Investment Report....

Major investors say good governance is vital.(Brief Article)
September 1, 2000... Increased shareholder activism in the U.S. and elsewhere stems from the conviction that better corporate governance will deliver higher shareholder returns. Yet repeated attempts to show an irrefutable link between the two have failed. ...

CalPERS honors four for corporate governance courage.(Brief Article)
September 1, 2000... Apple Computer, Inc., the Texas Instruments board of directors, Time Warner Chairman and CEO Gerald Levin, and General Motors director John Smale in May were honored by the California Public Employee Retirement System (CalPERS) with the...

Takeover defenses see growing limits on shareholder "special meeting" rights.(Brief Article)
September 1, 2000... The Investor Responsibility Research Center (IRRC) has studied 1,900 companies (including the S&P Super 1,500) to monitor the trends in adoptions of takeover defenses. The study uncovered changes in takeover tactics and the evolution of the...

E-business has CEOs confused.(Brief Article)(Statistical Data Included)
September 1, 2000... Despite the hype and their own growing investments in technology, only four percent of the CEOs interviewed for a study by global management consultants A.T. Kearney believe e-business is the main challenge facing them today. Nevertheless,...

Coaching for Leadership.(Review)
September 1, 2000... Coaching for Leadership. Edited by Marshall Goldsmith, Laurence Lyons and Alyssa Freas. Jossey-Bass Pfeiffer. $39.95. This hefty collection of writings by authorities in the field offers a broad overview of the executive coaching movement.

Professional Impressions.(Review)
September 1, 2000... Professional Impressions. By Marjorie Brody. Career Skills Press. $12.95. Business etiquette is a moving target. This helpful (occasionally elementary) volume will help you navigate it. Everyone will find at least one faux pas they have...

Ten years ago in The Corporate Board.(Brief Article)
September 1, 2000... [Institutional investors] may argue that they have a fiduciary duty to their beneficiaries, but that duty is no greater than a current board's duty to the corporation and its shareholders. While the institutions certainly have a great deal of...

Five years ago in The Corporate Board.(Brief Article)
September 1, 2000... I believe that the changes in corporate governance do not signal a shift of power away from management to the board. Rather, the changes reflect a thrust toward better execution of the board's long-standing powers and responsibilities. I see...

Spoken & Written.(Brief Article)
September 1, 2000... Articles & Speeches While mutual funds may be the best game in town, they aren't playing nearly as good a game as they should. The returns of fund shareholders in stock, bond and money markets have fallen far short of what is available in...

Directors' Register.(Brief Article)
September 1, 2000... Recent Board Elections Apogee Enterprises, Inc. has elected to its board Ray C. Richelsen, executive vice president, transportation, graphics and safety markets for Minnesota Mining & Manufacturing Company. Autozone, Inc. has elected...

Conversations.(Aaron Brown, Allied Owners Action Fund)(Brief Article)(Interview)
September 1, 2000... Corporate raiders are again rattling the gates of underperforming companies, with names such as Carl Icahn and Guy Wyser-Pratt returning to shake up boards and executives in the U.S. and Europe. Another trend has been the rise of Internet...

Electronoclast >> The explosion next time.(Industry Trend or Event)
September 18, 2000... If this keeps up, maybe the Internet will lead to the coming of the Messiah. Labor Day brought a spectacular flood to downtown Dallas. A ruptured water main poured 20 million gallons through an abandoned rail tunnel. Roughly 40 cars...

cross><talk.(Letter to the Editor)
September 18, 2000... $%@! Not only are we faced with fumbling dot-coms, but now it seems we are also faced with the failings of dot-coms that report on the foibles of other dot-coms. Last week, Philip Kaplan put his FuckedCompany Web site...

Back Talk.(Letter to the Editor)
September 18, 2000... It's A Myth It is bothersome to me to read Max Smetannikov's otherwise very useful story where he propagates the myth that ISS [Internet Security Systems] was started by hackers ("Hacker groups mull corporate offers," Aug. 7). It simply is...