Ben Haimowitz
Why 9 Years Is a Lucky Number for Board Director Tenure...
Grumbling about corporate boards -- about long-tenured directors too cozy with management, for example -- may be inevitable among investors, but new research by a young accounting scholar suggests surprisingly that at least one aspect of corporate organization suits Wall Street fine. Company performance actually rises with board tenure—but only up to a point--indicating there’s a tradeoff between knowledge and entrenchment.
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FEATURED CONTENT
New Poll: CEOs Find Challenges In Using Customer Data To Drive Innovation
Ability to harness and sort through data for meaningful insights remains a hurdle, many say. “The key is...finding what is actually relevant.”
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CEO CONFIDENCE INDEX
CEO Confidence Jumps At Start Of 2022
Chief Executive’s January CEO Confidence Index poll shows growing CEOs optimism about future business conditions, with their rating hitting a six-month high.