Finding a Place for the Non-Executive Director
Non-executive board members are being attacked from two sides. From one side, shareholders and legislators have been criticising non-executives for failing to effectively monitor their companies. Corporate governance scandals such as Marconi, Vivendi, Ahold and Enron are used as evidence that non-executives are not keeping a close enough watch on executives.
Campbell, A. (2005) Finding a Place for the Non-Executive Director, FT.com, 9 June