The world of corporate governance sometimes resembles Alice in Wonderland, where what might look real is not. As we peer through the looking glass, we see actors taking potshots at a range of governance protocols—with accusations that at first seem appealing, but a closer look finds that many of these parties appear to be serving their own self-interests.
A few months ago, the director and a researcher at Stanford University’s Corporate Governance Research Initiative, issued a paper with the above title, confronting some of the more common “myths” surrounding corporate governance. Let’s take a look.
