Same story, different year: corporate executives and board directors are working harder than ever to meet the new burdens of compliance with federal securities law.
A survey of Fortune 1000 companies released last week confirms that the workload for board directors increased yet again in 2004, as corporate America digests the governance reforms it has swallowed in the last three years. And while directors receive more compensation for that extra work, more directors are declining to serve on boards, either because of the time commitment or reluctance to assume so much responsibility.
