Experts in corporate governing agree Simon isn't directly responsible for the performance of his firm's investments. His role is greater if he sits on a company's board, said Nell Minow, editor of The Corporate Library, a Web site that follows corporate governance.
Experts in corporate governing my fanny. Experts in corporate governing govern corporations! This web site looks legit but I'd certainly never heard of them. How about a single other critical quote???
ABOUT TCL
The Corporate Library was founded during the summer of 1999 by Nell Minow and Robert A.G. Monks, long-time partners in Lens Investment Management, co-founders of Institutional Shareholders Services, co-authors of Power and Accountability (1991, full text available online) and the textbook, Corporate Governance (originally published in 1994, now in its second edition). Mr. Monk's latest book, The New Global Investors, is also available online at Mr. Monk's personal site, RAGM.com.
The Corporate Library is intended to serve as a central repository for research, study and critical thinking about the nature of the modern global corporation, with a special focus on corporate governance and the relationship between company management, their boards and shareholders. Most general content on the site is open to visitors at no cost; advanced research relating to specific companies and certain other advanced features are restricted to subscribers only. Due to copyright restrictions, certain documents and other sites referenced herein cannot be made directly available.