Boards in action beat bored directors
Article Abstract:
A study by two academics, Sanjai Bhagat and Charles Elson, found that the more corporate directors had a share stake in their company, the more likely their company's stock would perform well. When the average stock-holding of directors was more than $750,000, company performance was greater than when the holdings were less than $100,000. The study also found that boards that have heavy investments in a company move quickly to remove a chief executive when there is a problem, as was the case with Albert Dunlap Jr. of Sunbeam Corp.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1999
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Lynden the loser: the Bahamas
Article Abstract:
Pindling lost his re-election bid to Hubert Ingraham of the Free National Movement. Pindling had brought prosperity to the Bahamas by encouraging the cocaine trade, but the Drug Enforcement Agency has been cracking down on drug-related activity.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Peacekeeping war of the future
Article Abstract:
Military personnel are being more involved in the humanitarian side of war fare with UN peacekeeping forces playing a vital role in conflicts around the world.
Publication Name: The American Legion
Subject: General interest
ISSN: 0886-1234
Year: 2001
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