Tagged: senior management accountability

A Speak Up Culture Depends on Follow Through and Accountability

Corporate leaders often talk to the talk when it comes to a Speak Up culture.  In theory, many business leaders can articulate their commitment to a Speak Up culture by emphasizing the importance of employees raising concerns.  It all sounds great and is usually reflected on paper in the form of positive statements in the code of conduct and other communications.  All too often, however,...

The Debate Over Shareholder Democracy

Corporate governance issues can quickly divide directors, management and shareholders. For years there has been a continuing debate over the efficacy and importance of shareholder democracy. In theory, and using loaded political words, like “democracy,” activists who promote shareholder democracy usually have strong talking points. Shareholders own a company. Directors and senior managers act as agents for the shareholders/owners. Directors have fiduciary duties to the...