Related topics: shareholder · yahoo

Yahoo! shakes up board to give firm new life

Yahoo! on Tuesday announced a boardroom shakeup to breath fresh life into a pioneering Internet firm that has been struggling to re-invent itself and appease disappointed investors.

Hiring 'problem directors' can knock up to 64% off a firm's value

Companies that appoint directors with a track record of questionable professional conduct cause an increase in reckless corporate risk-taking and could see up to 64 percent of a firm's value knocked off, a new study has found.

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