Daily Archives: April 8, 2013, 3:16 pm

Little Accountability for Directors, Despite Poor Performance – DealBook

Aficionados of good corporate governance shouldn’t get too excited about the fact that two Hewlett-Packard directors are leaving the board and a third, Raymond J. Lane, is stepping down as chairman. The reason is that directors are still rarely if ever held responsible for their poor conduct. The latest evidence comes from a study of bank directors and whether shareholders held them…

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