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Journal Article
10 Myths About Outside Boards
Nation
Author(s)
Lists the excuses made by family businesses in not having outside boards. No one good enough; No known people; Hurt feelings of family and employee directors; Uninteresting meetings; Prospect of removing a director; Boards as too much work; Fast growth; Directors' liability insurance; Resolution of family conflict; Refusal to give up control.
Date Published:
1993
Citations:
Ward, John L., Craig Aronoff. 1993. 10 Myths About Outside Boards. Nation. (4)56-67.