Where boards fall short
基于对董事和高管的调查,分析了董事会在理解公司战略、平衡短期与长期业绩方面的不足,并就董事选拔、与机构投资者关系及薪酬提出改进建议。
The article looks at the role and performance of corporate boards of directors. It presents information from surveys of corporate directors and high-level executives on questions including how well directors understand the firm's strategy and whether directors or managers are more responsible for the emphasis on short-term financial results versus long-term performance. It offers recommendations for strengthening boards in areas including the selection of directors, relationships with institutional investors, and directors' compensation