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Tuesday, August 19, 2008

The Information Future of the Corporate Board

Boards won't be well positioned to take on greater responsibilities for company performance unless they can have access to the right information at the right time. However, despite the growing availability of information about publicly traded companies, directors traditionally rely solely on information that comes from management when they make boardroom decisions.

This condition of dependence results from what we term "information asymmetry." And if boards are to effectively fulfill their duties, they may well want to shift the balance by seeking - with management's blessing - both more information and information from independent sources. Read the full article and find a link to the accenture report here.

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posted by Launch Management Group at 6:06 PM

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