7Individualism in Boards or Directors
Why Good Board Members Make Bad Decisions
Introduction
One of the central tenets of this book is that companies play a key role and are a cornerstone element of economic and technological progress. If we accept this premise, then it follows that the boards of these companies have a key role to play, and by extension the same is true of the board members. However, persistent leadership failures are a warning that boards and board members do not always act in the best interests of the company and the shareholders. Also, the impact of these actions can extend to employees and beyond the boundaries of the firm to the community and society at large.
It is common cause that ...
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