March 06, 2004

Corporate Governance. "You'd think that the board could have found a chairman to mismanage Disney for only, say, $2 million a year. But corporate boards routinely overpay for mediocrity. Indeed, while corporate America ruthlessly applies capitalism to shave costs in acquiring paper clips or secretaries, the top executive suites tend to be, along with North Korea, the world's last enclaves of socialism .. ". more NICK KRISTOF! Posted by Greg Ransom | TrackBack