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They focus on creating an independent committee of directors to negotiate a buyout.
So why hire a celebrity C.E.O.? It allows a board of directors to cover its ass.
At Avon, investors voted to force the company's board of directors to be reelected annually.
But a second amendment proposed to eliminate the ability of directors to issue preferred stock.
I am sympathetic to proposals for staggered boards of directors to make activists' attacks more difficult.
Hartford Life appointed a special committee of directors to evaluate the offer.
In theory, an independent chairman improves the ability of the board of directors to oversee management.
The efforts by boards of directors to increase shareholder value often include buying back company stock.
To make it all happen, we need a strong Board of Directors to lead the charge.
Regulators expect the Board of Directors to be accountable for the bank's risk management frameworks.
Moreover, the assignment of directors to leadership positions within boards remains an open question.
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