The technology is subject to the same echo chamber ills as groupthink.
‘The secret is you can only clarify the intentional opaqueness behind cliquish jargon by having the courage to ask the dumb-seeming question.’
The activist victory at Air Products underscores how even revered leadership, bold strategy, and past alliances offer no guarantees when boards fall out of step with shareholder priorities.
Though much maligned, these two-tiered structures, which offer superior voting to some shareholders, endow companies with a host of advantages, including better shareholder return.
The pathbreaking 27th chairman of the SEC’s insights on governance and the board’s role.