Harvard Business Review Article: “Where Boards Fall Short”
“16%: Proportion of directors who say the boards they serve on understand the dynamics of their firms’ industries”
“The whole activist industry exists because public boards are often seen as inadequately equipped to meet shareholder interests.”
“22%: Proportion of directors who say their boards know how their firms create value”
“We’re not fans of the practice of creating focused strategy committees on the board that are similar to the committees on audit or risk.”
What do you think?