| BUSINESSWEEK ONLINE : JANUARY 24, 2000 ISSUE | ||||||||
| ||||||||
 | ||||||||
| SPECIAL REPORT -- CORPORATE GOVERNANCE
Attributes of a Good Board INDEPENDENCE Friends and cronies of the CEO are out. Crucial panels like audit should contain no insiders. Cross-directorships are taboo QUALITY Board meetings should include real, open debate. Directors need to be familiar with managers and conditions in the field ACCOUNTABILITY Directors ought to hold serious stakes in the company. They should also be prepared to challenge under-performing CEOs _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
|  |
 | |
RELATED ITEMS The Best and Worst Corporate Boards TABLE: Attributes of a Good Board TABLE: The Best and Worst Boards of Directors (.pdf) Now, a Gadfly Can Bite 24 Hours a Day Good and Bad Boards by the Numbers INTERACT E-Mail to Business Week Online | |||
|
Copyright 2000-2008, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use Privacy Notice  |