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Pay + Board Composition + Personal Behavior Does Not Equal Corporate Governance: Insearch Of Conceptual Change, Martin B. Robins
Pay + Board Composition + Personal Behavior Does Not Equal Corporate Governance: Insearch Of Conceptual Change, Martin B. Robins
Martin B. Robins
While seemingly everyone agrees that our economy requires substantial improvement in corporate governance in order to avoid a reprise of our recent financial collapse and Great Recession, this is not prompting legislative or private actions which actually facilitate an improvement in decision-making and outcomes of corporate action. Too many “solutions” pertain only to management compensation and board of director composition. Indeed, too many observers, including Nobel Prize winning economist Joseph Stiglitz, equate the two, causing their suggestions to lose impact.
While Congress expressly sought to improve governance in 2010 when it enacted the Dodd-Frank law to improve regulation of the …
Pay + Board Composition + Personal Behavior Does Not Equal Corporate Governance: Insearch Of Conceptual Change, Martin B. Robins
Pay + Board Composition + Personal Behavior Does Not Equal Corporate Governance: Insearch Of Conceptual Change, Martin B. Robins
Martin B. Robins
While seemingly everyone agrees that our economy requires substantial improvement in corporate governance in order to avoid a reprise of our recent financial collapse and Great Recession, this is not prompting legislative or private actions which actually facilitate an improvement in decision-making and outcomes of corporate action. Too many “solutions” pertain only to management compensation and board of director composition. Indeed, too many observers, including Nobel Prize winning economist Joseph Stiglitz, equate the two, causing their suggestions to lose impact.
While Congress expressly sought to improve governance in 2010 when it enacted the Dodd-Frank law to improve regulation of the …