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Both are foundation trusts – supposed to denote superior governance and financial performance.
While many online experiments will fail, Ludlow argues that given the synergy of the online world, new and superior governance structures may emerge.
We paid no regard to Brother Peter, our housemaster, who lectured that, for our own good, we had to sublimate the fleshly wants of our bodies to the superior governance of our minds.
While he would not confirm this, people in the industry say Fidelity is considering disclosing proxy votes before company meetings, putting its guidelines on its Web site and even creating a fund that would invest only in companies with superior governance.
Our experience, having been involved in many board evaluations in large and small, for-profit and non-profit organisations, is that the effectiveness of board reviews ranges from counterproductive exercises, which exacerbate already fractious and poorly performing boards, to truly transformational change leading to superior governance and organisational outcomes.
Hence, our data confirmed that there were no indications of one superior governance type or mechanism.
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Our evidence also corroborates the idea that firms that adopt superior voluntary governance arrangements are less likely to engage in actions designed to manipulate their financial statements.
I would argue that the company deserves a premium valuation based on its leading market share and superior corporate governance.
The question, however, is: are autocracies superior models of governance, especially in the 21st century?
But I would rather spend this Fourth of July arguing about how to design liberal democratic institutions, and why liberal democratic governance is superior to monarchy, dictatorship, theocracy, illiberal democracy or anarchy, than arguing over whether a very smart but long-dead fellow named Thomas Jefferson thought liberty and governance were joined by a comma or separated by a period.
Miles vowed to put "good governance and superior operating processes at the heart of everything Wonga does" following a string of scandals at the company, including being censured by the regulator for sending threatening letters to its customers from fake law firms named after its employees.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com