| BUSINESSWEEK ONLINE : DECEMBER 20, 1999 ISSUE | ||||||||
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| MANAGEMENT
Too Close for Comfort? To prevent conflicts of interest, most governance experts believe outsiders should hold most board seats. Also, directors-particularly those overseeing pay-should not have business affiliations with the companies on whose boards they serve. But many tech boards ignore such standards: YAHOO! Three of six directors are current executives; two of three outsiders on compensation committee are affiliated with companies that do business with Yahoo! MICROSOFT Three former or current execs are on the seven-member board. Following poor attendance on the part of two outsiders, one resigned in November. The company has no plans to name a successor eBAY Two current executives and two venture capitalists sit on the five-person board. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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RELATED ITEMS Dot.Com Boards Are Flouting the Rules TABLE: Valley-Style Boards TABLE: Too Close for Comfort? INTERACT E-Mail to Business Week Online | |||
