The Enron fiasco has led many to pose the question: Can a board be counted on to oversee the very company to which it's beholden and, if necessary, take drastic action? The answer, according to governance experts, is a resounding no. And observers say sweeping changes, such as requiring board members to have their own analysts to help monitor a company's activities, are needed to ensure board independence.
February 07, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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