Friday, July 8, 2011

Corporate boards

Corporate boards are wielding more influence on CEOs. Management consultant Booz Allen studied CEO departures during the years 1995 to 2006. The number of CEOs leaving because of conflicts with the board increased from 2% in 1995 to 11% through 2006. The study suggested corporate boards are demanding more strategic involvement while flexing more muscle on underperforming executives.
More Business and Management

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