Governance Arbitrage: Blowing Up the Public Company Governance Model to Maximize Long-Term Shareholder Value

Maximizing the board's potential is critical to maximizing the value of any company, but in most public companies today, the board is an undervalued and underutilized asset, focused mainly on compliance and oversight rather than on maximizing performance and long-term shareholder value. The real problem is that the traditional public company governance model itself is flawed and solutions proposed for improving it are typically focused on changing the model from withininadequate attempts to...