Monday, November 29, 2010
How Corporate Governance Changed From 1986 to 2010
The past quarter-century has been accompanied by a surprising amount of change in the composition and governance of corporate boards, as illuminated by data from the annual Spencer Stuart Board Index, now in its 25th edition. This articles highlights some of the most notable changes, including increased board independence, smaller and more diverse boards, more companies splitting the chairman and CEO roles, increased adoption of mandatory retirement ages, growing board responsibilities, and a doubling of board retainers.
See full Press Release.