CHAPTER 4

Scope and Structure

The future belongs to those who believe in the beauty of their dreams.

—Eleanor Roosevelt

Your visions will become clear only when you look into your heart; who looks outside, dreams; who looks inside awakes.

—Carl Gustav Jung

Scope

I will start with some preliminary remarks about the legal, cultural, and factual framework for the interactions at the top.

My experience stems primarily from Switzerland and boards in Germany, France, the United Kingdom, and Belgium.

Writing about boards, one can’t help dropping a few lines about the two-tier versus the one-tier structure. The United States exemplifies the one-tier board, where the board of directors comprises both executive and nonexecutive members and therefore combines ...

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