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The law required that boards have audit committees formed of independent directors, and set forth a number of duties for those directors.
In order to provide context on this issue, for those directors with tenures over ten years we examined the age at which they joined their current board.
In addition, the greater the involvement of directors in the day-to-day management of the company, the more difficult it will be (should there occur in the course of such management an adverse event that results in a stockholder suit) for those directors to use their reliance on the relevant corporate officers as a basis to avoid personal liability.
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"We reviewed and amended the service agreements for those executive directors, including the chief executive, who will continue to serve throughout 2013," he said.
High levels of executive pay are not just an issue for the companies who employ those directors.
As for the directors behind those nominees, all are male, all are white, and most have been a presence at the Oscars before.
One thing the experts do agree on: The discrepancy is no different, and perhaps even greater, for those in director positions.
Only 54% of S&P 1500 companies with a board size of seven directors have at least one female director versus 98% for those with 12 directors.
Bertolucci's comments prompted outrage on social media, with celebrities among those calling for the director to be stripped of his awards or to be prosecuted.
For those two theatre directors, "pantomime" was a terrible insult.
"Within the cavernous repository of Cannes controversy, there remains a place of honor for those films and directors eliciting that most visceral, ear-catching of hostile audience responses: the boo," David Reilly, BAMcinématek assistant programmer, wrote recently in the BAM newsletter (via Indiewire).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com