Board independence protects firms from corporate misconduct

The more a company's board is independent from management, the less likely it will become entangled in corporate misconduct, according to new findings, from a meta-analysis of 135 studies, published in The Journal of Management. ...

Narcissistic CEOs at American banks took great risks, study shows

Banks that were led by a more narcissistic – that is, highly self-loving and self-appraising – CEO before the collapse of the US banking industry in September 2008 suffered more severe consequences of that systemic shock. ...

Why some big corporations must split up to survive

It's been happening a lot lately. General Electric, once the epitome of a sprawling conglomerate, is splitting into three stand-alone health care, energy, and aerospace corporations. The Kellogg Company is trifurcating as ...

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