CORPORATE GOVERNANCE DISASTERS... ...have struck again and again, from Enron, to WorldCom, to Tyco, to Global Crossing. How do we fight back? First, we accept that the board of directors is a fundamentally flawed tool for fiduciary oversight of the modern corporation. Then, we dig into the real reasons for governance failures, which are complex and misunderstood. Finally, we provide the tools needed to build on the board's genuine strengths, w...
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