Today's Wall Street Journal describes the nuanced issues in this case (here).
My take? As long as boards are composed of people who frequently work with each other and who have more similarities than differences, there's no one there equipped to ask "why are we doing this?" Without someone asking the questions, there's no reason for boards to change behavior.
No comments:
Post a Comment
Sorry for the requirement that I clear all comments before they can be posted, but I am tired of people hijacking my blog for their commercial posts.
Thanks for reading my blog!