Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Corporate Governance - School Essays

Corporate Governance

Corporate Governance

(Corporate Governance in the U.S. Grows Up, John Bussey, 10/11/12)

A decade ago most CEO's and high ranked executives ruled company's while shareholders had virtually no power in the company's say. We are seeing more independence in the board rooms and the level of accountability for board of directors has jumped exponentially since 2002 taking much of the power away from those high executives. Today, in most companies, all directors are up for re-election annually which is putting more power in the shareholders which decides how the company will continue to be controlled. Also, now 80% of company's reelection process has to have a majority vote, whereas ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

feel that it is important for the company's shareholders to have more of a say in the company's operational structure. Giving the shareholders more perceived power in elections it enables them to contribute to their own well-being and allows them to help them steer the company in the direction that they see best by standing behind a group of directors that they can hand pick and feel a little more at ease with. The shareholders should not have a controlling stake in the voting because there are other people in the business who know a lot more about the market and where it is heading, but it is good that their votes matter more now as opposed to how it was a decade ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.

Already a member? Login

CITE THIS PAGE:

APA
MLA
Chicago
Turabian

Corporate Governance. (2014, September 4). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Corporate-Governance/104366

"Corporate Governance." Essayworld.com. Essayworld.com, 4 Sep. 2014. Web. 23 Nov. 2024. <http://www.essayworld.com/essays/Corporate-Governance/104366>

"Corporate Governance." Essayworld.com. September 4, 2014. Accessed November 23, 2024. http://www.essayworld.com/essays/Corporate-Governance/104366.

JOIN NOW

Join today and get instant access to this and 50,000+ other essays

PAPER DETAILS

Added: 9/4/2014 09:36:32 PM
Submitted By: zungboy
Category: Business
Type: Premium Paper
Words: 320
Pages: 2

Save |

Report

SHARE THIS PAPER

SAVED ESSAYS

Save and find your favorite essays easier