In 2011, Bridging Board Gaps, a landmark study from Columbia Business School and the University of Delaware’s Weinberg Center for Corporate Governance, examined the difference between ideal and actual corporate board practices. Nearly 15 years later, where do things stand?
Some gaps have closed—boards today benefit from improved information flow, increased engagement with outside advisors, and more robust self-renewal practices. But critical challenges remain, including aligning boards with long-term shareholder value, fostering a culture of ethical engagement, and ensuring constructive debate.
Weinberg Center Director Lawrence Cunningham explores these shifts in the latest edition of NACD Directorship, revisiting the original study and outlining what today’s directors—both seated and aspiring—can do to drive more effective corporate governance.
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