{"id":45697,"date":"2017-05-17T12:11:43","date_gmt":"2017-05-17T16:11:43","guid":{"rendered":"http:\/\/webapp2.wright.edu\/web1\/newsroom\/?p=45697"},"modified":"2024-07-29T12:10:50","modified_gmt":"2024-07-29T16:10:50","slug":"wright-state-management-expert-a-contributor-to-wall-street-journal-article-about-corporate-boards","status":"publish","type":"post","link":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2017\/05\/17\/wright-state-management-expert-a-contributor-to-wall-street-journal-article-about-corporate-boards\/","title":{"rendered":"Wright State management expert contributes to Wall Street Journal article about corporate boards"},"content":{"rendered":"<p><em><strong><a href=\"http:\/\/webapp2.wright.edu\/web1\/newsroom\/2017\/05\/17\/wright-state-management-expert-a-contributor-to-wall-street-journal-article-about-corporate-boards\/rscob-2017-logo\/\" rel=\"attachment wp-att-45702\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-45702\" src=\"http:\/\/webapp2.wright.edu\/web1\/newsroom\/files\/2017\/05\/RSCOB-2017-logo-260x204.jpg\" alt=\"\" width=\"260\" height=\"204\" \/><\/a>Excerpt<\/strong><\/em><\/p>\n<p>The conventional wisdom couldn\u2019t be clearer: The more independent a company\u2019s board is, the better. The presence of any company employees, other than perhaps the company\u2019s CEO, can only bring trouble.<\/p>\n<p>The conventional wisdom couldn\u2019t be more wrong: Boards that are too independent invite trouble. According to our research, it can lead to lower profits, excessive CEO pay and more financial fraud.<\/p>\n<p>In other words, when it comes to the independence of corporate boards, there can be too much of a good thing.<\/p>\n<p><em>Dr. Combs, the Dr. Phillips Chair in American free enterprise at the University of Central Florida, and Dr. Ketchen, Lowder eminent scholar at Auburn University, can be reached at\u00a0<a class=\"icon none\" href=\"mailto:reports@wsj.com\" target=\"_blank\" rel=\"noopener\">reports@wsj.com<\/a>. Also contributing to this article: Michelle L. Zorn, an assistant professor of management at Auburn University; Christine Shropshire, an associate professor of management at Arizona State University; and John A. Martin, an assistant professor of management at Wright State University.<\/em><\/p>\n<p>Read the entire story at <a href=\"https:\/\/www.wsj.com\/articles\/the-downside-of-independent-boards-1494943693\">wsj.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Excerpt The conventional wisdom couldn\u2019t be clearer: The more independent a company\u2019s board is, the better. The presence of any company employees, other than perhaps the company\u2019s CEO, can only bring trouble. The conventional wisdom couldn\u2019t be more wrong: Boards &hellip; <a href=\"https:\/\/webapp2.wright.edu\/web1\/newsroom\/2017\/05\/17\/wright-state-management-expert-a-contributor-to-wall-street-journal-article-about-corporate-boards\/\" class=\"morelink\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":21,"featured_media":45702,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[748,4908,730],"tags":[],"class_list":["post-45697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-supply-chain-management-marketing-and-management","category-wright-state-in-the-news"],"_links":{"self":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/45697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/comments?post=45697"}],"version-history":[{"count":5,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/45697\/revisions"}],"predecessor-version":[{"id":152280,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/posts\/45697\/revisions\/152280"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media\/45702"}],"wp:attachment":[{"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/media?parent=45697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/categories?post=45697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webapp2.wright.edu\/web1\/newsroom\/wp-json\/wp\/v2\/tags?post=45697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}