One thing working in favor of Robert Iger, Walt Disney Co.'s new chief executive, is that the company's corporate governance seems to be in relatively good order.
That's the assessment of several corporate governance watchdogs and scholars who have been monitoring the company's initiatives to clean up its boardroom.
Disney has pulled itself up from near the bottom in governance rankings, and is at least riding with the middle of the pack by some measures, and at the top by some governance groups.
Past initiatives to separate the chairman and chief executive posts and to limit the number of insider board members or those with ties to executives have scored well with governance watchers. The company recently catapulted its ratings by passing an initiative that would force a board member to leave if they fail to secure a majority vote.
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