"The prevailing governance model is fundamentally adversarial, pitting board members in a never-ending struggle with executives. This model may ensure that the legal requirements of oversight and compliance are met, but it does little to advance the organization’s goals. The authors propose a new and more effective framework, one where board members and executives work together to advance the organization’s mission." Mission Driven Governance is an article written by Raymond Fisman, Rakesh Khurana, & Edward Martenson published in the Stanford Social Innovation Review Summer 2009
Copyright © 2009 by Leland Stanford Jr. University All Rights Reserved
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American Apparel Inc., a clothing manufacturer, distributor and retailer based in Los Angeles, has been in the news recently as controversy surrounds their founder and former CEO, Dov Charney. Charney was ousted by the company’s board in June after being accused of misusing corporate funds...
The Oxford Analytica Daily Brief ® - Tuesday, July 1 2014