Chapter 11. The Boardroom of the Future
Jay A. Conger
Edward E. Lawler III
David Finegold
As we move into the 21st century, powerful forces are redefining the roles and activities of corporate boards. Chief among them are institutional investors who believe that a strong board can contribute to improved shareholder returns. No longer content to accept passive boards that tolerate mediocre corporate performance, major investors are demonstrating a heightened level of shareholder activism. They are demanding that boards assume a far greater leadership and oversight role than ever before.
A second force is the news media. More and more articles are appearing that closely examine boardroom performance—pushing directors into a very public spotlight. For ...
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