Martin Lipton: “Shareholder Primacy Is Just Dead Wrong”
Known as a defender of choice for companies under attack, Martin Lipton has also been arguing against short-termism for more than three decades.
Known as a defender of choice for companies under attack, Martin Lipton has also been arguing against short-termism for more than three decades.
Companies may soon find themselves being asked to explain why they have a lack of ethnic diversity in their boardroom. Consider these proactive steps.
“You have to lead from in front,” says the chairman of Esteé Lauder, whose board both exemplifies and helps cultivate the company’s commitment to inclusion and diversity.
Well governed organizations have vastly overperformed poorly governed ones during the pandemic. Despite the vast difference in context, this is an exact repeat of the 2008 crisis. So why has governance become such a key differentiator?
To avoid being a target, boards need to take a more active role in risk mitigation and must refresh before activists demand it.
“Focus on the things you can control,” says Ellen Kullman, who, as lead director of United Technologies, helped guide the company during a tumultuous transformation.