Corporate Boards Gone Wild


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For every corporate accounting scandal, overpaid CEO or episode of imprudent risk taking, there’s usually one common denominator _ a board of directors who signed off on it. And while corporate boards, many of them dominated by retirees, have not had the kind of negative attention reserved these days for the Wall Street set, a new report highlights a number of questionable practices going on in America’s boardrooms that are not in shareholders’ best interests.

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