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Chapter 5. Caffeine Badly Needed: Sleepy... > Red Flag 4: Boards Lacking Outside D...

Red Flag 4: Boards Lacking Outside Directors Who Are Respected Business Figures

If you find a board that has a smattering of academics, retired politicians, and the kind of people who turn being directors into a full-time occupation and yet has no one who is easily recognizable as a respected business leader, the chances of its being compliant in the face of an aggressive CEO are high.


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