1. Board Members Feel Their Role is to Support CEOs or Fire Them

    Board Members Feel Their Role is to Support CEOs or Fire Them

    In the last two decades, federal regulations have tried to build more corporate oversight into the roles of corporate boards of directors. There's just one problem: It's not a job board members want. In one of the first broad surveys of corporate board members since 1989, researchers found that board members saw their job as hiring the best CEO for their firms and then supplying that person with advice and support...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. Directors want the firm to be well run, but they don't want to run it.
    2. We looked at what they said and then looked for common themes.
    3. Let's say I spent a week preparing for the meeting, and the CEO has spent the whole year working on a plan and preparing to present a plan.
  3. Topics Mentioned