The events of the second half of2007—from credit market woes to the failure of solid succession planning—“isthe result of a systematic failure of corporate governance,” writes Financial News editor William Wright.
Wright cites a number ofcontributing factors: “the cult of the Napoleonic leader,” which results in
Whether you agree or disagree withWright’s assessment, it provides ample food for thought on the current state ofcorporate affairs both here in the