Sunday, July 15, 2007

Ego-driven CEOs

Ego-driven CEOs more likely to take risks:
"Charles Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware, said he wasn't surprised by the study's findings, which emphasize 'the need for strong independent boards to monitor these individuals.'"
Strong checks and balances are the only way to keep these monster egos, well, in check.

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