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- 01 Dec 2002
- News
Bad Times for Business
arm’ s length, that inherent cronyism makes it difficult to clean house when high-level insiders turn out to be bad apples. A CEO once said to me, “Business is the last monarchy.” All the recent disclosures about the incredible...
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- 01 Dec 2002
- News
Bad Times for Business
the power of CEOs, but I frame the issue in terms of enhancing the power of boards. Over the last decade, I think there's been a lot of progress made in boardrooms. Problems remain, of course, but cronyism has diminished, the principle of...
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Garry Emmons