1. Corporate Governance: Boards of Asian Companies 'Tend to Behave Like Private Clubs'

    Corporate Governance: Boards of Asian Companies 'Tend to Behave Like Private Clubs'

    Such a situation could lead to weakness in those companies, including corporate governance issues, says Stéphane Garelli, founder of the IMD World ...

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    1. We are seeing this happen more and more in the US and the EU. If I know the company is doing something illegal and I do not ask the necessary questions and oppose it, I am legally responsible.
    2. Would you tell the founder that his son or daughter may not be the right fit and that he may want to consider letting a professional manager take over the role for a period of time?
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