More and more board of directors have the CEO as the only insider on the board. At first glance, this movement toward near unanimous outside directors would seem to meet the mandate of independent oversight and governance that have defined corporate boards since the corporate scandals of the 1980s and 1990s. In fact, new research […]
Read More… from Corporate Governance: The Power of Outside Directors on CEO-Only Boards
Research in academic laboratory settings — that is, within controlled experiments with voluntary participants — has shown that individuals with deeper voices are perceived as having more leadership capabilities. Different research points to specific qualities attributed to individuals with deeper voices, including competence, persuasiveness, confidence and trustworthiness. What happens, however, in the real world? Are […]
Read More… from A Lower Voice Can Take You Higher Up the Leadership Ladder
Previous studies have explored the link between CEO pay and future business performance with mixed results. In some cases, higher CEO pay is linked to better results; other studies show the opposite: the companies of the highest paid CEOs perform less well, on average, than their more moderately paid counterparts. A research team from the […]
Read More… from High CEO Pay Leads to Overconfidence and Poor Results
Singapore is known for the diversity of its population, but you would never glean this from the boards of directors of its companies. A new report, from the NUS Business School's Centre for Governance, Institutions and Organisations working with BoardAGender, shows that Singapore’s boards continue to be overwhelmingly male-dominated and ethnically homogeneous. Based on data from […]
Read More… from Board Diversity Improves Corporate Results: Lessons from Singapore
Does hiring compensation consultants result in higher pay for CEOs? Until recently, academic studies exploring this question have yielded no evidence that CEOs use compensation consultants to justify higher pay. A new disclosure requirement from the Securities Exchange Commission (SEC), however, allows researchers to better differentiate the potential motives behind the hiring of compensation consultants […]
Read More… from How CEOs Strong-Arm Their Compensation Consultants to Get What They Want
Companies want shareholders who share their long-term investment horizon, according to a survey of 138 North American investor relations professionals. More than 90% of the companies surveyed describe their ideal shareholder as one with a long-term perspective. The reason: by giving companies the freedom to make strategic decisions and long-term investments, long term-focused shareholders help […]
Read More… from The Impact of Ideal Vs Problematic Shareholders
Succession planning is a vital issue for corporations. As CEOs leave, the smoother transitions occur when a successor or a short list of successors has been groomed and is prepared to step into the position. Since it is the board of directors’ responsibility to replace a departing CEO, one would expect that they would be […]
Read More… from Succession Planning: Boards Need to Know Their Senior Managers
Based on a survey of nearly 200 North American CEOs, board directors and senior executives, Stanford’s 2013 Executive Coaching Survey revealed that nearly 2/3 of the CEOs were ‘going it alone’ — without valuable outside advice or coaching. Asked whether they would be receptive to making changes based on feedback, 100% of the CEOs said […]
Read More… from Coaches Needed to Help CEOs and Senior Managers
CEOs tend to be strong in decision-making and the financial elements of their jobs, but weak when it comes to managing their people and developing talent, according to a survey of 160 North American boards of directors and CEOs. Specifically, ‘mentoring skills’ was tied with ‘board engagement’ for first place in CEO weaknesses, followed closely […]
‘Span of control’, a concept which refers to the number of people who report directly to a manager, has been part of the management lexicon for decades. New technology, which enables easier access to more comprehensive data, now allows researchers to study in greater detail the implications of span of control — specifically how the […]
Read More… from Small Vs Large Top Management Teams and the CEO’s Workload
