kaal:claim:2922176-030

The monitoring and advising roles of the board are no longer sufficient, and a board confined to those roles is a missed opportunity to obtain unmediated and relevant market feedback on company initiatives.

Source quote, verbatim

Successful companies recognize that the monitoring and advising role of the board is no longer sufficient and that the board of directors in many ways may constitute a missed opportunity for receiving feedback on company initiatives, e.g., unmediated and relevant input from the market.

From

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), V.2. Unmediated Board of Directors, p. 40
https://ssrn.com/abstract=2922176 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176

Holds when

successful companies already operating beyond the academic monitoring debate

Classification

failuresupport: arguedfailure: board as missed feedback channelfamily: board-and-oversight-failurecorporate-governancecompliancegovernance-design

Verify

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Attestation record: colloquium/attestations/897a888f328eee2f...json
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