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Author: stymie Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 83  
Subject: Re: Software Makers Treat Their Owners Well Date: 11/26/2002 12:31 PM
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So what distinguishes the companies at the top from those at the
bottom? Companies such as Intuit, Microsoft and Siebel Systems have a board controlled by a majority of independent outsiders; a compensation
committee composed solely of independent outside directors; a CEO who
serves on the boards of two or fewer other companies; directors who
receive all or a portion of their compensation in stock; and non-
employee directors who do not participate in the company's pension
plan, according to ISS and Salomon


I believe you have something there. When the board is outside of the influence of insiders, then no funny business can happen, or at least it minimizes the chance of that happening.

Thanks for the post.
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