Until the 1970s, corporate boards were dominated by inside directors — people employed by or affiliated with the company in some way. As of 2023, Spencer Stuart research found that 85% of directors are independent. The switch came in response to a number of trends, including the distrust of American institutions after Watergate and Vietnam, and SEC rule changes that increased the importance of independent directors.
However, with few exceptions, empirical studies have found no connection between board independence and company performance outcomes Business leaders should reconsider the merits of inside directors, who 1) bring a deeper understanding of the company, its strategy, R&D opportunities, and market competitors; 2) have a deeper stake in the company’s long-term success, as their professional reputations and continued employment depend on it; 3) are less likely to look to the company’s current...
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Suspect in UnitedHealthcare CEO murder case lacked insurance ties to companyPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
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Austal founder calls company’s fraud case ‘mistake’ and ‘damaging’In his first extend public comments since Austal USA pleaded guilty to federal criminal charges related to an accounting scandal, the founding director of the Mobile shipbuilder’s parent company said Wednesday that the management team erred.
แหล่ง: FOX10News - 🏆 581. / 51 อ่านเพิ่มเติม »
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Richardson vaping company at center of Supreme Court caseVaping is coming before the Supreme Court next week as federal regulators ask the high court to uphold its block on sweet, flavored products following a spike...
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