Is your boardroom full of doofuses?

09/18/2011 | Economist (free content), The

Former Yahoo CEO Carol Bartz called the company's directors "doofuses" after she was fired by phone, and she may have a point. GMI, a corporate-governance ratings firm, says many companies, including News Corp., Coca-Cola, Discovery Communications and Nike, have poorly selected and administered boards of directors, and there are increasing calls for directors to undergo regular performance reviews. However, Yahoo is not on GMI's list.

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Economist (free content), The

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