Looking at the listings for several major stock exchanges on Allison Garrett's governance blog one has to ask whether stock exchanges do still have a role to play in creating and administering effective corporate governance safeguards. The big boys among them seem to have as their main aim in life the maximising of their profit (and the compensation of the select few at the top of the management pyramid). The rest is a motley collection of sleepy bureaucracies that are not even accountable to their shareholders, much less to the wider community of shareholders.
(18/02/2011)
A decade ago, Broc blogged about a “robot director.” That seemed
far-fetched at the time. But since then, some boards have expanded the use
cases for AI in...
19 hours ago
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