Published by:
Harvard Business Publishing
Length: 4 pages
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Abstract
To improve the performance of American corporations, we must improve the effectiveness of corporate boards of directors. Corporate governance is just as important as corporate management. Corporations need personnel who can take the long-term view and make long-term commitments. They also need stockholders who are willing to hold onto their shares for long periods so that they become owners rather than speculators.
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Abstract
To improve the performance of American corporations, we must improve the effectiveness of corporate boards of directors. Corporate governance is just as important as corporate management. Corporations need personnel who can take the long-term view and make long-term commitments. They also need stockholders who are willing to hold onto their shares for long periods so that they become owners rather than speculators.