In the public corporate world, nothing is more conflicting and confusing than the purpose and worth of a board of directors State and federal laws require that every corporation must have a board of directors with its legal responsibilities delineated in bylaws, but there is little agreement anywhere about the proper role and appropriate compensation [...]
Entries Tagged as 'corporate governance'
Compensation Plans for Directors on Public Corporate Boards are Outmoded, Out Of Touch and Ought To Be Reformed
May 27th, 2013 · 4 Comments · Building Better Business Managers, Business Management, Improving Your Business Leadership
December 10th, 2012 · No Comments · Business Management
There is more to being a successful corporate director than meeting strict fiduciary duties, enjoying the prestige of position, hobknobbing, ego-stroking and raking in big bucks. At the moment an individual is invited to become a corporate director – especially of a public company – there is a natural rush of well-earned ego gratification. At [...]