Corporate Governance

How Not to Govern

By Harvard Law School Program on Corporate Governance

(Editor?s Note: This post comes to us from Lesley Rosenthal of Lincoln Center.)

The recent governance crisis at the Smithsonian Institution came about through a toxic combination of unchecked arrogance by the CEO, a relatively disengaged Board, and a dysfunctional system of checks and balances. The Smithsonian appointed an independent review committee to take an unflinching look at corporate governance practices there. “How Not to Govern,” which was published in the New York State Bar Journal (Nov/Dec 2007) by Lincoln Center’s General Counsel Lesley Friedman Rosenthal (HLS ‘89), discusses the independent committee’s findings and explores the lessons that may be learned by others in the sector, including chief executives, General Counsel, Corporate Secretaries, board members, outside attorneys, and scholars.

Full post as published by The Harvard Law School Corporate Governance Blog on January 25, 2008 (boomark / email).